
Family tree of Tim BLIXSETH
Industrialist, Businessman
Born Timothy Lee BLIXSETH
American real estate developer, record producer, songwriter and timber baron
Born on April 27, 1950 in Roseburg, Oregon , United States (75 years)
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Blixseth's wealth and assets have been the subject of controversy. The bankruptcy of the Yellowstone Club in 2008 led to extensive litigation with Blixseth and his creditors. The property emerged from bankruptcy under new ownership in 2009.
... He was a co-founder of the Yellowstone Club in Montana. In 2006, Blixseth was featured in the Forbes 400 List of wealthiest Americans with a net worth of $1.3 billion. However, based on court records from his 2009 divorce, news reports estimated his 2011 net worth to have dropped to $200 million. By 2012 he faced a forced bankruptcy for failing to pay Montana $57 million in income taxes and in 2014 he told the courts he was "too broke" to pay pending judgments and contempt findings for his fraud role in the Yellowstone Club bankruptcy.
Blixseth's wealth and assets have been the subject of controversy. The bankruptcy of the Yellowstone Club in 2008 led to extensive litigation with Blixseth and his creditors. The property emerged from bankruptcy under new ownership in 2009.
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