Billionaire banking heir Matthew Mellon dies in rehab facility

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Matthew Mellon, a banking heir, has died, a representative for his family said in a statement.

Matthew Mellon, a banking heir, has died, a representative for his family said in a statement.

A�(Fox Business)

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 MellonA�and of designer Nicole Hanley, his second wife.

A rep said in a statement: a�?Billionaire Matthew Mellon, 53, died suddenly in Cancun, Mexico, where he was attending a generic medication for actonel 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.a�?


Coin Validation partner Matthew Mellon discusses investing in Bitcoin and reacts to the Mt. Gox collapse.

Mellon, a former chair of the New York Republican Partya��s finance committee, had battled addiction.

In 2016, he told The Post, a�?OxyContin is like legal heroin. And it needs to be addressed,a�? while at a Malibu treatment center kicking a habit of $100,000 a month.

But he was in Forbes this year for his latest investments.

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