Billionaire banking heir and cryptocurrency investor Matthew Mellon has died aged 54, reportedly at a rehabilitation center in Cancun, Mexico. Mellon made his luck turning into a $2 billion investment. "He is survived by his three children, Force, Olympia and Minty", the statement continued. "The family asks that their privacy is respected at this very painful time", a representative of the billionaire said in a statement.
The Wharton School of Business graduate was married twice, first to Tamara Mellon, co-founder of the Jimmy Choo shoe line.
Mellon was staying at a rehab facility in Cancun, Mexico, at the time, according to news reports cited by the Associated Press. Matthew served as the Chairman of the New York Republican Party's Finance Committee and was State Chairman, Ed Cox's, Finance Chairman in 2011.
She later testified that she and Mellon met at a Narcotics Anonymous meeting.
In recent years he had been open about his battle with OxyContin, the powerful painkiller responsible for numerous more than 20,000 opioid-induced deaths registered in the United States in 2016. Matthew spent $2 million on coins from the cryptocurrency Ripple (XRP) and managed to turn it into a $1 billion fortune.
"My family thought I was insane, when I knew it was a home run", he told the magazine.