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Billionaire banking heir Matthew Mellon dies in rehab facility
The New York Post ^ | April 16, 2018 | Ian Mohr

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 Party’s 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.


TOPICS: Culture/Society; News/Current Events; US: New York
KEYWORDS: 2018; 201804; addiction; bankerscoin; banking; billionaire; billionaires; cancun; corruption; cryptocurrency; drugs; isolatedincidents; jimmychoo; localnews; marijuana; matthewmellon; mellon; mellonbank; mexico; nicolehanley; opioids; oxycontin; rehab; republicans; ripple; slavery; tamaramellon
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1 posted on 04/16/2018 11:33:01 PM PDT by familyop
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To: Mom MD

Ping.

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.


2 posted on 04/16/2018 11:41:50 PM PDT by familyop ("Welcome to Costco. I love you." - -Costco greeter in the movie, "Idiocracy")
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To: familyop

Mellon dead in Mexico
Also a British citibank VP who committed suicide
Weird timing


3 posted on 04/16/2018 11:44:41 PM PDT by silverleaf (A man who kneels for the national anthem doesn't stand for much of anything)
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To: familyop

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.


4 posted on 04/16/2018 11:44:42 PM PDT by Fai Mao (I still want to see The PIAPS in prison)
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To: Mom MD

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
https://youtu.be/zufn6P5_xIQ?t=40m25s


5 posted on 04/16/2018 11:57:40 PM PDT by familyop ("Welcome to Costco. I love you." - -Costco greeter in the movie, "Idiocracy")
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To: Mom MD

The thread that the link came from.

Laura Ingraham interviews pro-pot lawyer
http://www.freerepublic.com/focus/f-chat/3648076/posts


6 posted on 04/16/2018 11:58:57 PM PDT by familyop ("Welcome to Costco. I love you." - -Costco greeter in the movie, "Idiocracy")
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To: familyop

‘Made his fortune’ by turning 2 million into a billion

Where’d he get the 2 million?


7 posted on 04/17/2018 12:03:11 AM PDT by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: Fai Mao

Great stripper name.


8 posted on 04/17/2018 12:04:34 AM PDT by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: BenLurkin

[[Where’d he get the 2 million?]]

From the $1000 that he turned into $2 million


9 posted on 04/17/2018 12:30:06 AM PDT by Bob434
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To: familyop

[[kicking a habit of $100,000 a month.]]

Dang that’s a lot of oxy for one individual


10 posted on 04/17/2018 12:30:52 AM PDT by Bob434
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To: familyop

Ibogaine?


11 posted on 04/17/2018 1:32:44 AM PDT by gasport
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To: BenLurkin

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.
Stupid author.


12 posted on 04/17/2018 1:59:44 AM PDT by GnuThere
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Comment #13 Removed by Moderator

To: BenLurkin

>>Where’d 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.


14 posted on 04/17/2018 2:29:19 AM PDT by a fool in paradise (Ads for Chappaquiddick warn of scenes of tobacco use. What about the hazards of drunk driving?)
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To: Blue Jays

“Banking heir”


15 posted on 04/17/2018 2:29:50 AM PDT by a fool in paradise (Ads for Chappaquiddick warn of scenes of tobacco use. What about the hazards of drunk driving?)
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To: GnuThere

>>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


16 posted on 04/17/2018 2:31:52 AM PDT by a fool in paradise (Ads for Chappaquiddick warn of scenes of tobacco use. What about the hazards of drunk driving?)
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To: BenLurkin

Especially in the plural (namely two).


17 posted on 04/17/2018 2:36:44 AM PDT by cynwoody
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To: Bob434; familyop
Dang that’s a lot of oxy for one individual

The drug that made Rush deaf.

In 2016, he told The Post, “OxyContin is like legal heroin.

It’s actually more dangerous.

18 posted on 04/17/2018 2:37:59 AM PDT by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit.L)
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To: familyop

They ask that their privacy be respected.

They have their publicist make the announcement.

The rich make me chortle.


19 posted on 04/17/2018 2:39:29 AM PDT by Vermont Lt
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To: silverleaf

Yes, weird timing.


20 posted on 04/17/2018 3:55:31 AM PDT by Cats Pajamas (GO OGLE ogle - stare at in a lecherous manner.)
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