• Billionaire banking heir Matthew Mellon dies at 54

    6 days ago - By Chron

    NEW YORK - Billionaire banking heir Matthew Mellon has died. He was 54.
    His cousin Peter Stephaich confirmed Mellon's death but declined Tuesday to provide any details. He had struggled with drug addiction, and reports said he died at a rehabilitation center in Cancun, Mexico.
    Mellon comes from the Mellon and Drexel families of Bank of New York Mellon and Drexel Burnham Lambert.
    According to Mellon's Linked In account and documents of the Securities and Exchange Commission, he attended the Wharton School and later worked in fashion, telecommunications and finance, most recently as an...
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