AIRLINK 191.54 Decreased By ▼ -21.28 (-10%)
BOP 10.23 Decreased By ▼ -0.02 (-0.2%)
CNERGY 6.69 Decreased By ▼ -0.31 (-4.43%)
FCCL 33.02 Decreased By ▼ -0.45 (-1.34%)
FFL 16.60 Decreased By ▼ -1.04 (-5.9%)
FLYNG 22.45 Increased By ▲ 0.63 (2.89%)
HUBC 126.60 Decreased By ▼ -2.51 (-1.94%)
HUMNL 13.83 Decreased By ▼ -0.03 (-0.22%)
KEL 4.79 Decreased By ▼ -0.07 (-1.44%)
KOSM 6.35 Decreased By ▼ -0.58 (-8.37%)
MLCF 42.10 Decreased By ▼ -1.53 (-3.51%)
OGDC 213.01 Increased By ▲ 0.06 (0.03%)
PACE 7.05 Decreased By ▼ -0.17 (-2.35%)
PAEL 40.30 Decreased By ▼ -0.87 (-2.11%)
PIAHCLA 16.85 Increased By ▲ 0.02 (0.12%)
PIBTL 8.25 Decreased By ▼ -0.38 (-4.4%)
POWER 8.85 Increased By ▲ 0.04 (0.45%)
PPL 182.89 Decreased By ▼ -0.14 (-0.08%)
PRL 38.10 Decreased By ▼ -1.53 (-3.86%)
PTC 23.90 Decreased By ▼ -0.83 (-3.36%)
SEARL 93.50 Decreased By ▼ -4.51 (-4.6%)
SILK 1.00 Decreased By ▼ -0.01 (-0.99%)
SSGC 39.85 Decreased By ▼ -1.88 (-4.51%)
SYM 18.44 Decreased By ▼ -0.42 (-2.23%)
TELE 8.66 Decreased By ▼ -0.34 (-3.78%)
TPLP 12.05 Decreased By ▼ -0.35 (-2.82%)
TRG 64.50 Decreased By ▼ -1.18 (-1.8%)
WAVESAPP 10.50 Decreased By ▼ -0.48 (-4.37%)
WTL 1.78 Decreased By ▼ -0.01 (-0.56%)
YOUW 3.96 Decreased By ▼ -0.07 (-1.74%)
BR100 11,697 Decreased By -168.8 (-1.42%)
BR30 35,252 Decreased By -445.3 (-1.25%)
KSE100 112,638 Decreased By -1510.2 (-1.32%)
KSE30 35,458 Decreased By -494 (-1.37%)

imageWASHINGTON: Richard Mellon Scaife, a generous donor to US conservative causes and heir to a sizeable banking fortune, died Friday according to The Pittsburgh Tribune-Review, a newspaper that he owned. He was 82.

In a column that appeared in the publication in May, Scaife said he suffered from "an untreatable form of cancer".

"Some who dislike me may rejoice at this news. Naturally, I can't share their enthusiasm," he wrote.

Conservatives across the country paid tribute to Scaife on Friday, with Republican former House Speaker Newt Gingrich writing on Twitter that the billionaire was "a remarkable patriot, philanthropist and conservative activist. His passing today is a great loss to America".

Current House Speaker John Boehner, also a Republican, tweeted "RIP Dick Scaife. Great newspaperman. Set the highest standard. True patriot for first principles we honor today".

Scaife's long list of causes included bankrolling investigations into Bill and Hillary Clinton, among them a probe into sex scandals that ultimately led to President Clinton's impeachment.

A Pittsburgh native described by US media as withdrawn, Scaife possessed a $1.45 billion fortune, according to Forbes magazine.

He gave $1 million for the re-election of former president Richard Nixon, reports said, and was an ardent backer of former president Ronald Reagan.

Scaife donated freely to conservative think tanks and institutes, in addition to a spate of museums and other less polarizing causes. He also purchased several newspapers, including The Tribune-Review.

Scaife's uncle was the famed banker and industrialist Andrew Mellon. His father was the scion of a major Pittsburgh steel family. He is survived by a daughter, a son and two grandchildren, The Tribune-Review said.

Comments

Comments are closed.