BANKING heir and cryptocurrency bigwigÂ Matthew MellonÂ has died in rehab.
Mellon, an early backer of new digi-fund Ripple, was the ex-husband of Jimmy Choo guruÂ Tamara MellonÂ and of designer Nicole Hanley, his second wife.
A rep said in a statement: âBillionaire 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.â
Mellon, a former chair of the New York Republican Partyâs finance committee,Â had battled addiction.
At its peak, he was taking 80 OxyContin painkiller pills a day.
He said he got hooked after suffering a painful surfing injury.
In 2016, he told The Post, âOxyContin is like legal heroin. And it needs to be addressed,â while at a Malibu treatment center kicking a habit of $100,000 a month.
He blamed doctors saying they were “writing prescriptions like they were Smarties.”
But he was in Forbes this year for his latest investments.
Tamara, who with Mellon had daughter Araminta, aka Minty, said in 2013, âHe keeps fighting and coming back.â
Mellon and Nicole, parents of Force and Olympia, announced their split in 2015 after an attempted reconciliation.
Originally from New York, Mellon was raised in Palm Beach, Florida, and Northeast Harbor, Maine.
He comes from a prestigious banking family including Judge Thomas Mellon, founder of Mellon bank, and philanthropist art-collector, Andrew Mellon.
An original version of this story appeared on theÂ New York Post.
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