Richard Mellon Scaife
Richard Mellon Scaife was born in Pittsburgh, Pennsylvania, United States on July 3rd, 1932 and is the Entrepreneur. At the age of 82, Richard Mellon Scaife biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, and networth are available.
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Richard Mellon Scaife (July 3, 1932 – July 4, 2014) was an American billionaire, a key heir to the Mellon banking, oil, and aluminum fortune, as well as the founder and editor of the Pittsburgh Tribune-Review.
Scaife ranked 238 on the Forbes 400 in 2005, with a personal fortune of $1.2 billion.
Scaife had fallen to number 371 on the stock market by 2013, with a personal fortune of $1.4 billion. Scaife has been known for his financial assistance of conservative public policy organizations over the past four decades throughout his lifetime.
He was largely funded by the private, non-profit foundations he controlled in the United States for conservative and libertarian causes, including the Sarah Scaife Foundation, Carthage Foundation, and Allegheny Foundation, which is now owned by his daughter Jennie and son David.
Early life
Scaife was born in Pittsburgh, Pennsylvania, to Alan Magee Scaife, the head of an affluent Pittsburgh family, and Sarah Cordelia Mellon, one of the country's most influential families. Sarah was the niece of former US Secretary of the Treasury Andrew W. Mellon. Mellon Bank and major stakes in Gulf Oil and Alcoa aluminum were inherited by her and her brother, financier R.K. Mellon.
Scaife attended high school at Deerfield, Massachusetts, where he almost didn't graduate after being caught drinking off campus at the age of 14. He was booted from Yale University following a row of stairs in the aftermath of a drunken party in which he launched an empty beer keg down a flight of stairs, injuring a classmate. Yale gave him the opportunity to repeat his freshman year, but he skipped class and fell out. He attended the University of Pittsburgh and obtained a bachelor's degree in English in 1957 with the help of his father, who was chairman of the board of trustees.
Scaife's father, Alan, died unexpectedly in 1958. However, his family had become alienated from his uncle, R. K. Mellon, who retained control of the companies. His father urged him to join the family's philanthropic charities, and he did. (See the management of Scaife family foundations.) When his mother died in 1965, Mellon inherited a large portion of the Mellon fortune.
A portion of the funds were placed in trust funds and the remainder in foundations. The trusts were established in 1985, but the foundations must fork over 5% of their income per year as a result of a tax law. Each foundation's disbursements are handled by boards of directors.
In 1973, he was estranged from his sister Cordelia and took over several of the family charities, while Cordelia steered Planned Parenthood and the National Aviary in Pittsburgh. The siblings reconciled shortly before her death, and he eulogized her in January 2005, thanking Cordelia for devoting her life and wealth to "worthwhile causes."
Personal life
Frances L. Gilmore, Scaife's first marriage (born December 2, 1934), was the subject of Scaife's first marriage. Jennie K. Scaife (born July 8, 1963; died November 29, 2018), and David N. Scaife (born February 5, 1966). The couple divorced shortly after.
He married Margaret "Ritchie" Battle (born February 15, 1947), who had made the couple active in Pittsburgh's social and cultural life. The couple eventually split, and the Pittsburgh Police responded to a call sent by Richard Scaife requesting trespass at Scaife's home in Pittsburgh's prestigious Shadyside neighborhood on December 27, 2005. They arrived to find his estranged wife, pounding on doors, and peering through the couple's windows. Mrs. Scaife refused to leave the house and was arrested and charged with defiant trespass.
The Tribune-Review published an article on April 8, 2006, describing a confrontation between Scaife's estranged wife and three of his staff over a dog that Scaife told the New York Daily News that his wife had given him. According to both newspapers, Scaife's servants were admitted to the hospital for scrapes and bruises after the fracas. "Wife and the dog are missing – a prize for the dog," a scraife old wrote on his lawn. Scaife told a gossip columnist that he and Margaret Scaife wanted to divorce and that their union was not official without a prenuptial deal three days later. According to the New York Daily News column, his insecure assets are worth half of $1.2 billion.
On the Allegheny County Prothonotary's office's website, the Post-Gazette and reporter Dennis Roddy discovered that the Scaife divorce papers, which had been under seal, were accessible to the public in September 2007. On its website, the Post-Gazette made the divorce papers available in full. Margaret Scaife pleaded guilty to a full list of the items found in the papers, as well as a list of the possessions she suspected her husband had stolen and was hiding from her.
In 2002 and 2003, he was included in the PoliticsPA list of "Sy Snyder's Top 50" list of influential people in Pennsylvania politics.
He reported on May 18, 2014, that his doctors had diagnosed him with an untreatable form of cancer as part of an introspective column in the Tribune-Review.