Table of Biography
Tim Blixseth is a real estate developer, record producer, songwriter, and timber baron from the United States. Tim Blixseth is best known as the co-founder of the Yellowstone Club, a private ski and golf resort located in Big Sky, Montana.
Early Life
Born as Timothy Lee Blixseth, known as Tim Blixseth on the 27th of April 1950, in Roseburg, Oregon, the United States of America. According to his date of birth, he is 73 years old and holds American nationality.
There is no proper information available regarding his parents, siblings, childhood life, ethnicity, and many more. However, it is known that his parents were members of “a local cult” called Jesus Name of Oneness. According to him, he grew up on welfare in Roseburg, Oregon.
Moving on to his academics, he went to attended Roseburg High School (Class of 1968). However, it is still a mystery whether he has attended college or not.
Professional Career
Tim Blixseth worked in a sawmill after completing his high school education. Later, he ventured into the timber industry and founded the Blixseth Group, a timber management and sales company.
Yellowstone Club
In the early 1990s, he shifted his focus to real estate development and began acquiring properties in Montana. Moreover, he envisioned creating a high-end private community that would offer luxury amenities and exclusive access to skiing and golfing. This led to the establishment of the Yellowstone Club in 1997.
Caption: The Yellowstone Club (Source: Insider)
The Yellowstone Club quickly gained attention as a destination for the wealthy and famous, with notable members including Bill Gates and Warren Buffett. Additionally, Blixseth’s development attracted investors and buyers who were drawn to the club’s luxurious amenities and its unique location near Yellowstone National Park.
However, the Yellowstone Club faced financial troubles in the late 2000s. Blixseth and his then-wife, Edra Blixseth, borrowed heavily against the club’s assets, leading to financial difficulties and legal disputes. Moreover, the couple divorced in 2008, and the Yellowstone Club filed for bankruptcy in 2008 as well.
Bankruptcy and legal issues
Following the bankruptcy, he faced legal battles and allegations of mismanagement and fraud. He was involved in lawsuits related to the handling of club funds and was ordered to pay significant settlements and judgments.
He sued one of his attorneys in June 2011 for legal malpractice and personal injury related to the Yellowstone Club’s bankruptcy. Moreover, he sought $375 million in damages, claiming that his former personal attorney Stephen Brown conspired to “plot against” him in bankruptcy proceedings in which it was discovered that Blixseth had looted the club before passing it debt-ridden to his wife Edra Blixseth as part of their divorce.
Caption: Tim Blixseth coming out from the court (Source: Bozeman Daily Chronicle)
Brown denied the allegations. U.S. District Judge Donald W. Molloy dismissed Blixseth’s claims in March 2012. The federal bankruptcy judge overseeing the case ruled in July 2011 that Blixseth’s conspiracy and fraud allegations in the Yellowstone Club bankruptcy were previously addressed and found without merit. He then sued Credit Suisse and their appraisal company, alleging that they deceived and misled him into accepting $300 million in loan payments, resulting in the resort’s bankruptcy.
Granted bail appeal
Creditors are seeking an additional $286 million in alleged misappropriated funds from the Yellowstone Club, which trustees claim Blixseth stole before the club’s bankruptcy. Blixseth is still fighting these claims and is attempting to have the various judgments against him overturned.
He was jailed for civil contempt in December 2014 and again in April 2015 for failing to pay court-ordered sanctions and failing to disclose what happened to assets ordered held to pay his creditors. He was granted bail pending appeal and released in July 2016.
Songwriting
Apart from his involvement with the Yellowstone Club, Blixseth has been involved in various other business ventures, including real estate development projects in Mexico and other parts of the United States. Besides business, he is also known as a songwriter. He and his ex-wife Edra have written a charity single named “Heart of America.”
Meanwhile, the song became the anthem for the Today TV show’s “Make a Difference” campaign to benefit Hurricane Katrina victims in 2005. Wynonna Judd, Michael McDonald, and Eric Benet recorded the song. Ebony magazine reported in June 2006 that the song had raised $41 million with a projected revenue of $100 million. The Desert Sun reported in August 2006 that the song had raised $127 million for hurricane relief charities.
Net Worth 2024
Blixseth has been bankrupt and has a net worth of negative $250 million. Currently, he is fighting legal issues at the moment.
Relationship Status
Tim Blixseth has been married four times in his life and is currently divorced. Regarding his first marriage, there are no exact details available regarding it. He is the father of two children; son Beau and daughter Morgan, from his second wife Desiree Langlois. He married his third wife Edra Denise Crocker from 1983 – 2008. Later, he married Jessica T. Ferguson Kircher in 2009 and divorced in 2016
Body Measurements and Social Media
Caption: Tim Blixseth walking in the street (Source: The Spokesman-Review)
Tim Blixseth has short brown hair with a pair of brown eyescolorr. However, his exact body measurements such as height, weight, and many others are still unknown. Additionally, this man is currently not active on social media sites such as Facebook, Instagram, and Twitter.