Richard Scaife

Richard Scaife

$1.45 B

Ranked #1203 in World

About Richard Scaife

Richard Mellon Scaife (1932-2014), an American billionaire and the primary heir to the Mellon family's banking, oil, and aluminum wealth, was a pivotal figure in conservative circles, known for his ownership of the Pittsburgh Tribune-Review and significant contributions to conservative public policy organizations. Born into affluence in Pittsburgh, Pennsylvania, Scaife faced early challenges at Deerfield Academy and Yale University, ultimately earning a bachelor's degree in English from the University of Pittsburgh in 1957. Following his father's death in 1958, Scaife inherited board positions within the family's enterprises but became estranged from his uncle R. K. Mellon. His mother's encouragement led him to engage in philanthropy, and her passing in 1965 significantly increased his fortune. In 1970, Scaife acquired the Tribune-Review, expanding its reach into Pittsburgh despite financial losses to maintain operations. His political activities included substantial support for anti-communist groups and involvement in Nixon's campaigns, later becoming a critic of President Bill Clinton before eventually befriending him post-presidency. Scaife's philanthropy exceeded $1 billion, supporting conservative causes, policy research groups, and educational institutions. His personal life saw two marriages and a highly publicized divorce from Margaret "Ritchie" Battle. Scaife passed away on July 4, 2014, after a battle with cancer.

Born

July 03, 1932 in Pittsburgh, Pennsylvania, U.S.

Died

July 04, 2014 (aged 82)

Source Of Wealth

Investments

Industries

Investments

Citizenship

United States

Education

Bachelor of Arts / Science, University of Pittsburgh

Spouse

Frances L. Gilmore (Married: 1956; Divorced: 1991), Margaret "Ritchie" Battle (Married: 1991; Divorced: 2012)

Children

2

Parent

Sarah Mellon, Alan Scaife

Richard Mellon Scaife, born on July 3, 1932, in Pittsburgh, Pennsylvania, came from an affluent family. He attended Deerfield Academy and Yale University but faced disciplinary issues. Despite these challenges, he graduated with a bachelor's degree in English from the University of Pittsburgh in 1957.

Richard Scaife: Family

Richard Mellon Scaife was the principal heir to the Mellon banking, oil, and aluminum fortune. His father, Richard Mellon Scaife Sr., was a prominent businessman and philanthropist. His mother, Sarah Mellon Scaife, was an art collector and patron of the arts.

Richard Scaife: Career Highlights

After inheriting positions on corporate boards following his father's death in 1958, Richard Mellon Scaife became estranged from his uncle, R. K. Mellon, who retained control of the companies. Encouraged by his mother, he got involved in the family's philanthropic foundations. In 1970, he acquired the Tribune-Review, a small market newspaper, and expanded operations into Pittsburgh, creating a new newspaper and competing with the Pittsburgh Post-Gazette.

Richard Scaife: Companies

Richard Mellon Scaife inherited positions on the boards of various companies, including Mellon Bank, Gulf Oil, and Alcoa. However, he became estranged from his uncle, R. K. Mellon, who retained control of these companies.

Richard Scaife: Major Achievements

Richard Mellon Scaife's major achievements include the acquisition and expansion of the Tribune-Review, which became a significant newspaper in Pittsburgh. He also played a significant role in influencing American public affairs through his financial support of conservative and libertarian organizations.

Richard Scaife: Awards & Achievements

Richard Mellon Scaife received numerous awards and recognitions for his philanthropic contributions. He was awarded the Presidential Medal of Freedom, the nation's highest civilian honor, in 2007.

Richard Scaife: Personal Life & Legacy

Richard Mellon Scaife was married twice, first to Frances L. Gilmore and later to Margaret "Ritchie" Battle. He experienced a public divorce with Margaret Scaife, involving legal disputes and media attention. Despite his political opposition, he forged a friendship with former President Bill Clinton after his presidency.

Richard Scaife: Trivia

Richard Mellon Scaife was known for his love of art and collecting rare books.

He also had a passion for fly fishing and was an avid outdoorsman.

Wealth History

Timeline

1932

Richard Mellon Scaife is born in Pittsburgh, Pennsylvania.

1957

Scaife graduates with a bachelor's degree in English from the University of Pittsburgh.

1958

Scaife inherits positions on corporate boards after his father's death.

1965

Scaife inherits much of the Mellon fortune when his mother dies.

1970

Scaife acquires the Tribune-Review, a small market newspaper.

1970s

Scaife expands operations into Pittsburgh, creating a new newspaper and competing with the Pittsburgh Post-Gazette.

1970s-1980s

Scaife consistently covers losses of the Tribune-Review to sustain its operations.

1970s-1980s

Scaife becomes actively involved in the Nixon campaign and later shifts his political giving to anti-communist research groups.

1972

Scaife supports Richard Nixon's re-election campaign and is involved in campaign finance controversies.

1990s

Scaife is substantially involved in coverage against President Bill Clinton, including the Arkansas Project.

1990s

Scaife forges a friendship with Clinton after his presidency despite political opposition.

2014

Scaife passes away on July 4 after a battle with cancer.

Richard Scaife : FAQs

What is Richard Scaife's net worth?

As of 2014, Richard Scaife's net worth was $1.45 billion.

What are Richard Scaife's main sources of wealth?

Richard Scaife's main source of income comes from Investments.

In which industry does Richard Scaife primarily operate?

Richard Scaife is primarily involved in the Investments industry.

What is Richard Scaife educational background?

Richard Scaife holds a Bachelor of Arts / Science from the University of Pittsburgh.

Is Richard Scaife dead?

Yes, Richard Scaife died on July 04, 2014 (aged 82).

How many children does Richard Scaife have?

Richard Scaife has 3 children.

Who was Richard Mellon Scaife and what is his significance in American history?

Richard Mellon Scaife was an American billionaire, the principal heir to the Mellon banking, oil, and aluminum fortune. He was known for his ownership of the Pittsburgh Tribune-Review and for his financial support of conservative public policy organizations, making a significant impact on American politics and public affairs.

What were the early life experiences that shaped Richard Mellon Scaife?

Born into an affluent family in Pittsburgh, Pennsylvania, Scaife attended Deerfield Academy and Yale University, facing disciplinary issues before graduating with a bachelor's degree in English from the University of Pittsburgh in 1957. These experiences in prestigious institutions amidst familial wealth shaped his early life.

How did Richard Mellon Scaife contribute to the media industry?

Scaife significantly contributed to the media industry by acquiring the Tribune-Review in 1970, expanding its operations into Pittsburgh, and consistently covering its losses to sustain operations. His efforts made the Tribune-Review a notable name in publishing.

What role did Richard Mellon Scaife play in political activities and philanthropy?

Scaife played a major role in political activities by supporting conservative causes, including Nixon's re-election campaign and anti-communist research groups. In philanthropy, he gave away over $1 billion from his fortune, focusing on influencing American public affairs and supporting various conservative and libertarian organizations.

How did Richard Mellon Scaife's personal life and death impact his legacy?

Scaife's personal life, marked by two marriages and a high-profile divorce, along with his death from cancer in 2014, added personal dimensions to his legacy as a media mogul, political influencer, and philanthropist, leaving a complex impact on American society.
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