Paul Mellon (June 11, 1907 – February 2, 1999) was an American philanthropist and a breeder of thoroughbred racehorses. He is one of only five people ever designated an "Exemplar of Racing" by the National Museum of Racing and Hall of Fame. He was co-heir to one of America's greatest business fortunes, derived from the Mellon Bank created by his grandfather Thomas Mellon, his father Andrew W. Mellon, and his father's brother Richard B. Mellon. In 1957, when Fortune prepared its first list of the wealthiest Americans, it estimated that Paul Mellon, his sister Ailsa Mellon Bruce, and his cousins Sarah Mellon and Richard King Mellon, were all among the richest eight people in the United States, with fortunes between $400 million and $500 million each (between about $4.3 billion and $7.6 billion in today's dollars).
Mellon was married to Mary Conover Brown from 1935 until her death in 1946. They had two children, Catherine Conover Mellon (first wife of John Warner) and Timothy Mellon. In 1948, Paul Mellon married his second wife, Rachel Lambert Mellon ("Bunny") (August 9, 1910–March 17, 2014) who had two children, Stacy Lloyd III and Eliza, Viscountess Moore with her first husband, Stacy Barcroft Lloyd, Jr. whom she had divorced in 1948.
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