Cryptocurrency billionaire Matthew Mellon has died aged 53

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Mellon made his fortune in cryptocurrency, turning a $2million investment into $1billion. ‘Crypto is scary and dark. It’s anti-America,’ Mellon told Forbes. He had battled an OxyContin addiction where he was spending $100,000 a month and taking about 80 pills a day. He and Tamara married in 2000, at a ceremony held at Blenheim Palace, birthplace of Winston Churchill, attended by 300 guests including Hugh Grant and Liz Hurley. At a moment, Matthew was arrested for hacking into Tamara’s computers.

Melton-and-his-wife-Tamara
Melton and his wife Tamara

Tamara wrote that Matthew was sent to rehab for the first time while still in college and inherited his father. She also said that she tried to keep Matthew sober, but that his drug problems only got worse after their daughter, Minty, was born in 2002. Matthew’s two other children, son, Force, and daughter, Olympia, are from his marriage to ex-wife, Nicole Hanley Mellon. Matthew was born in New York City in 1964. By his 21st birthday, he had inherited $25million from his father who comitted suicide. Matthew attended and graduated from the Wharton School of the University of Pennsylvania. He was the chairman of the New York Republican Party’s finance committee from 2011 to 2013. Mellon worked as an entrepreneur, founder, and private equity investor with a focus on the luxury and oil space.

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