Paul Mellon, American art collector and philanthropist (b. 1907)
Paul Mellon (June 11, 1907 – February 1, 1999) was an American philanthropist and an owner/breeder of thoroughbred racehorses. He is one of only five people ever designated an "Exemplar of Racing" by the National Museum of Racing and Hall of Fame. He was co-heir to one of America's greatest business fortunes, derived from the Mellon Bank created by his grandfather Thomas Mellon, his father Andrew W. Mellon, and his father's brother Richard B. Mellon. In 1957, when Fortune prepared its first list of the wealthiest Americans, it estimated that Paul Mellon, his sister Ailsa Mellon-Bruce, and his cousins Sarah Mellon and Richard King Mellon, were all among the richest eight people in the United States, with fortunes of between 400 and 700 million dollars each (around $3,700,000,000 and $6,500,000,000 in today's dollars).
Mellon's autobiography, Reflections in a Silver Spoon, was published in 1992. He died at his home, Oak Spring, in Upperville, Virginia, on February 1, 1999. He was survived by his wife, Rachel (a.k.a. Bunny), his children, Catherine Conover (first wife of John Warner) and Timothy Mellon, and two stepchildren, Stacy Lloyd III and Eliza, Viscountess Moore.
1999Feb, 1
Paul Mellon
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Events on 1999
- 21Jan
United States Coast Guard
War on Drugs: In one of the largest drug busts in American history, the United States Coast Guard intercepts a ship with over 4,300 kilograms (9,500 lb) of cocaine on board. - 12Mar
Czech Republic
Former Warsaw Pact members the Czech Republic, Hungary and Poland join NATO. - 8Apr
Indian National Congress
Haryana Gana Parishad, a political party in the Indian state of Haryana, merges with the Indian National Congress. - 29May
International Space Station
Space Shuttle Discovery completes the first docking with the International Space Station. - 27Nov
Helen Clark
The centre-left Labour Party takes control of the New Zealand government with leader Helen Clark becoming the first elected female Prime Minister in New Zealand's history.