Most Americans may not have heard of Matthew Mellon, but the financial industry is feeling the shockwaves of his passing. It was announced Monday that he passed away in Cancun while at a rehab center to fight his addiction.
According to PageSix.com, Mellon struggled with an addiction to OxyContin. The billionaire was able to recognize that he had an addiction to the powerful narcotic and tried repeatedly to kick it.
He once told a reporter, “OxyContin is like legal heroin. And it needs to be addressed.”
At the time of this statement, he was at a Malibu treatment center. It was reported that he was spending $100,000 a month on his habit at the time, and was taking 80 OxyContin pills a day.
A rep for Mellon released a statement following his passing:
“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,” the statement read.
“He is survived by his three children, Force, Olympia and Minty. The family asks that their privacy be respected at this very painful time,” the statement continued.
Former wife Tamara Mellon said in 2013, “He keeps fighting and coming back.”
Please pray for Mellon’s surviving family during this difficult time. Be sure to read about the famed 80s sitcom star who died sadly at 65.