Banking Heir Dies Before Entering Rehab
Cloudy news out of Cancun, as banking billionaire dies. Banking billionaire Matthew Mellon died suddenly in Cancun, Mexico where had traveled to enter into a rehab facility. He had been taking up to 80 OxyContin pills a day.
As reported by Page Six, banking heir and cryptocurrency bigwig Matthew Mellon has died, a representative for his family said in a statement.
Mellon, an early backer of global settlement network Ripple, was the ex-husband of Jimmy Choo guru Tamara Mellon and of designer Nicole Hanley, his second wife.
A rep said in a statement: “Billionaire Matthew Mellon, 53, died suddenly in Cancun, Mexico, where he was attending a drug rehabilitation facility. Mellon made his fortune in cryptocurrency, turning a $2 million investment into $1 billion. He is survived by his three children, Force, Olympia and Minty. The family asks that their privacy be respected at this very painful time.”
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In 2016, Mellon told The Post, “OxyContin is like legal heroin. And it needs to be addressed,” while at a Malibu treatment center kicking a habit of $100,000 a month.
But he was in Forbes this year for his latest cryptocurrency investments.
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To learn more about how Matthew Mellon lost his battle with addiction, please visit Page Six.