Banking inheritor and cryptocurrency bigwig Matthew Mellon has died, a consultant for his household stated in an announcement.
Mellon, an early backer of worldwide settlement community Ripple, was the ex-husband of Jimmy Choo guru Tamara Mellon and of designer Nicole Hanley, his second spouse.
A rep stated in an announcement: “Billionaire Matthew Mellon, 53, died abruptly in Cancun, Mexico, the place he was attending a drug rehabilitation facility. Mellon made his fortune in cryptocurrency, turning a $2 million funding into $1 billion. He’s survived by his three youngsters, Pressure, Olympia and Minty. The household asks that their privateness be revered at this very painful time.”
Mellon, a former chair of the New York Republican Celebration’s finance committee, had battled dependancy.
In 2016, he advised The Submit, “OxyContin is like authorized heroin. And it must be addressed,” whereas at a Malibu remedy middle kicking a behavior of $100,000 a month.
However he was in Forbes this 12 months for his newest investments.