Mellon's founder

Mellon family is the super-rich in the United States, with assets far exceeding those of Rockefeller, Ford and DuPont consortium, even surpassing Hughes, Getty and Hunter. Andrew Mellon is the main founder of this prosperous industrial family. From 192 1 to 1932, Andrew Mellon served as US Treasury Secretary under three presidents. In the 1920s, he served as a cabinet member in three governments in the Communist Party of China (CPC). His ancestors were immigrants of Scottish and Irish descent and settled in Pennsylvania in 1808. Andrew's father Thomas Mellon made a fortune. He married the daughter of a family that is short of cash but owns a lot of real estate. This strategic move undoubtedly helped him a lot in his later career.

Andrew Mellon has a good mind for business, and he succeeded in real estate business at the age of fifteen. 1882, he took over all the financial power of Mellon. Together with his younger brother Richard Mellon and his nephew William Larimer, he founded different kinds of diversified enterprises, using banks as control and coordination centers, and using joint trust and investment companies to carry out various activities. His bank accounts for a third of all deposits in Pittsburgh. This enterprise group not only owns aluminum, oil and emery companies, but also produces train carriages, coal tar and other products. Later, Pittsburgh's coal mines, shipbuilding, steelmaking and public utilities were monopolized by Mellon's diversified enterprise groups. Mellon's financial resources are expanding step by step. He mastered the control of the market without resorting to stock trading, payment for goods, patent control and tariff protection, and even proposed to solve the competition by litigation. During his tenure as Finance Minister, Andrew Mellon not only exploited the loopholes in the tax law by taking advantage of his authority, but also proposed two tax reduction bills to protect the interests of big business owners. So that the Mellon family benefited a lot.

After Andrew's death, his son Paul would rather manage the "National Art Gallery" donated by Old Mellon to the government than go into business. This huge enterprise empire is dominated by Paul's cousin Richard, and the trend of the times keeps moving forward. When Richard died, no one in this family could act as a flag bearer and carry the banner of entrepreneurship. Thus, mourning, separation and inevitability came into being in Mellon Empire.