Skip to comments.Billionaire banking heir Matthew Mellon dies in rehab facility
Posted on 04/16/2018 11:33:01 PM PDT by familyop
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 Mellon and of designer Nicole Hanley, his second wife.
A rep said in a statement: Billionaire 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.
Mellon, a former chair of the New York Republican Partys finance committee, had battled addiction.
In 2016, he told The Post, OxyContin is like legal heroin. And it needs to be addressed, 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.
Tamara, who with Mellon had daughter Araminta, aka Minty, said in 2013, He keeps fighting and coming back.
Mellon and Nicole, parents of Force and Olympia, announced their split in 2015 after an attempted reconciliation.
This is not directly related to anyone mentioned in the article at all. But it does bring to mind a very special tyrant in a small city; he made many other lives miserable. The threat is gone, and many are thankful. He was one of many in many other places.
Mellon dead in Mexico
Also a British citibank VP who committed suicide
If I were his daughter and he’d dumped a name like “Minty Mellon” on me he would not have needed to wait until he was in a rehab facility to be dead.
Maybe some people do need prescriptions to calm their nerves or otherwise soothe their pain. And who said that a war on drugs could not be won? Enjoy.
The Ingraham Angle 4/17/18 - Laura Ingraham Fox News Live Today April 17, 2018
The thread that the link came from.
Laura Ingraham interviews pro-pot lawyer
‘Made his fortune’ by turning 2 million into a billion
Where’d he get the 2 million?
Great stripper name.
[[Whered he get the 2 million?]]
From the $1000 that he turned into $2 million
[[kicking a habit of $100,000 a month.]]
Dang that’s a lot of oxy for one individual
Yeah, that’s rich, so to speak.
He “made his fortune” by being born into the Mellon banking family.
If he had 2 million before speculating on Ripple, it probably means he started with 20 million.
>>Whered he get the 2 million?
Pork speculation tips from Hillary Clinton?
She was a whiz who turned a couple thousand into $100,000.
But that is small potatoes to Terry McAwful who turned a $100,000 investment into $17,000,000.
>>If he had 2 million before speculating on Ripple, it probably means he started with 20 million.
Or maybe his family knew of his behavior and kept his money in a trust fund to shield him from self-destructive excess.
But a profitable investment turned into a windfall of cash that accomplished the same end
Especially in the plural (namely two).
The drug that made Rush deaf.
In 2016, he told The Post, OxyContin is like legal heroin.
Its actually more dangerous.
They ask that their privacy be respected.
They have their publicist make the announcement.
The rich make me chortle.
Yes, weird timing.