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Andrew William Mellon (March 24, 1855 — August 27, 1937) was an American banker, industrialist, philanthropist, art collector and Secretary of the Treasury from March 4, 1921 until February 12, 1932. He is the only Secretary of the Treasury to have served under three presidents (Harding, Coolidge and Hoover). Financial prodigy Mellon demonstrated financial ability early in life by starting a lumber business at the age of 17. He joined his father's banking firm, T. Mellon & Sons, two years later and had the ownership of the bank transferred to him in 1882. In 1889, Mellon helped organize Union Trust Company and Union Savings Bank of Pittsburgh. He also branched into industrial activities, in oil, steel, shipbuilding, and construction. Three such concepts that grew to giant proportions with Mellon's backing were Charles Martin Hall, which Mellon built into the Aluminum Company of America; his aid to Edward Goodrich Acheson, becoming his partner in manufacturing carborundum steel, which Mellon built into the Carborundum Company; and creation of an entire industry through his help to Heinrich Koppers, who invented coke ovens which transformed industrial waste into usable products such as gas, tar, and sulfur. Mellon ranked, at the time, as one of the three richest people in the United States alongside John D. Rockefeller and Henry Ford. During his retirement years, as he had done in earlier years, Mellon was an active philanthropist, and gave generously of his private fortune to support art and research causes. In 1937, he donated his substantial art collection, plus $10 million for construction, to build the National Gallery of Art, an art museum, located on the National Mall in Washington, D.C. From Wikipedia, the free encyclopedia.

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