Matthew Mellon is the head of one of the richest families in the USA. According to Forbes, his net worth was approximately $11.5 billion at the time of his death in 2018. Mellon is known as a private equity investor focusing on the oil and luxury. He’s also the Chairman of the New York Republican Party’s Finance Committee. Mellon is from “old money”.
How Did Matthew Mellon Get So Rich?
He was born into a very rich family. Mellon’s fortune can be traced back to Judge Thomas Mellon who came to America from Ireland and made a lot of money in banking and real estate. His son Andrew Mellon expanded the family wealth even more thanks to his investments into companies that became Gulf Oil and Alcoa. Mellon family doens’t continue to amass the net worth with the speed of these two ancestors but is good at preserving of what they already have.
Matthew is doing great job as a private equity investor. He heavily invests lately into cryptocurrencies, such as Ripple Labs start-up. He thinks that virtual currencies like BitCoin are the future. When you look over all his businesses, Mellon runs operations around the whole globe.
He used to be married to Tamara Mallon. As of 2023, he lived with his second wife Nicole Hanley Mellon and their two kids. They resided in their luxury home in New York City until recently. Media brought unexpected news in 2015, that Matthew and Nicole split and are planning divorce.
