These Are the Richest People in American History Before 1990

These Are the Richest People in American History Before 1990

Shannon Quinn - March 26, 2023

These Are the Richest People in American History Before 1990
Mellon was rich because he was in banking. Credit: Wikimedia Commons

Andrew Mellon

Andrew Mellon was an American banker and industrialist. He was born in Pittsburgh, Pennsylvania in 1855 and went on to become one of the richest men in American history. Mellon made his fortune in finance, banking, and industry. He was a major player in the growth and development of the American economy during the Gilded Age. In addition to his business success, Mellon was also a philanthropist who made significant contributions to various causes throughout his life. Andrew Mellon served as Secretary of the Treasury under three presidents. He is remembered for his contributions to the American economy and his role in shaping the modern world. Andrew Mellon died on August 26, 1937, at the age of 82. At the time of his death, his net worth was estimated to be around $300 million, which would be equivalent to several billion dollars because of modern inflation.

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