Matthew Mellon, the billionaire banking inheritor, died instantly at a rehab facility in Cancun, Mexico. He was 53.
Mellon was the ex-husband of Jimmy Choo co-founder Tamara Mellon, with whom he shares one baby, daughter Araminta. He was beforehand married to designer Nicole Hanley, who he shared two kids with, Force and Olympia.
A rep for Tamara didn’t instantly reply to PEOPLE’s request for remark.
In a press release by a household rep obtained by Page Six, Mellon “died suddenly in Cancun, Mexico, the place he was attending a drug rehabilitation facility.”
Matthew Mellon and Tamara Mellon
“Mellon made his fortune in cryptocurrency, turning a $2 million funding into $1 billion. He is survived by his three kids, Force, Olympia and Minty. The household asks that their privateness be revered at this very painful time,” the assertion concluded.
Further particulars of his passing weren’t instantly accessible.
Mellon battled along with his habit to Oxycontin for years and revealed to Page Six in 2016 that he was spending $100,000 a month on the drugs whereas taking about 80 drugs a day.
“The medical doctors stored writing prescriptions like they have been Smarties. It’s very irresponsible,” Mellon stated, including he turned addicted after struggling an damage. “Oxycontin is like authorized heroin. And it must be addressed.”
Mellon was featured in Forbes for his or her February difficulty. Of how he made $1 billion from investing in Ripple, the daddy of three stated he preferred it as a result of it was one of many few cryptocurrencies that labored throughout the banking system.
“It’s $1 billion nearly totally free. I even have earned it as a result of I used to be the one one who was prepared to lift his hand,” he stated. “My household thought I used to be insane after I knew it was a house run.”