Billionaire banking heir and cryptocurrency investor Matthew Mellon has died aged 54, reportedly at a rehabilitation center in Cancun, Mexico.
His cousin Peter Stephaich confirmed Mellon's death but declined to provide any details.
Mellon, who is survived by his first wife, Jimmy Choo co-founder Tamara Mellon, his second wife, fashion designer Nicole Hanley, and three children, had struggled with an addiction to painkillers for some time.
Mellon comes from the Mellon and Drexel families of Bank of New York Mellon and Drexel Burnham Lambert, and made his billions with early investments in cryptocurrency.
A representative of the billionaire said in a statement to The New York Post: "Billionaire Matthew Mellon, 53, died suddenly in Cancun, Mexico, where he was attending a drug rehabilitation facility. May his soul rest in peace.
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