17 Facts About Tim Blixseth

1.

Tim Blixseth was a co-founder of the Yellowstone Club in Montana.

2.

In 2006, Blixseth was featured in the Forbes 400 List of wealthiest Americans with a net worth of $1.3 billion.

3.

Tim Blixseth attended Roseburg High School and after graduating, he worked in a sawmill.

4.

Tim Blixseth's parents were members of "a local cult" called Jesus Name of Oneness.

5.

Tim Blixseth is the founder and chairman of the Blixseth Group and various entities associated with his timber, music production, real estate and software ventures.

6.

Between sales to timber interests, developers and the US government, Blixseth's team grossed $56.9 million and 47,000 acres of prime development real estate valued at over $100 million in less than three years from the date of their initial $27.5 million investment, of which Blixseth reportedly put less than $3 million.

7.

Tim Blixseth said he used the money to expand the Yellowstone Club into the Yellowstone World Club.

8.

Tim Blixseth met with a top Cheney adviser, Samantha Ravich, to talk about expanding the government's use of the Blxware software.

9.

Tim Blixseth reportedly sought to sell the software to the government for $100 million; however, investigations later revealed it to be a "hoax" with CIA officials reporting they knew the technology to be fake as early as 2003.

10.

Bloomberg news reported that Tim Blixseth family attorney Michael Flynn represented Edra Tim Blixseth, Montgomery and Blxware against various charges until he claimed he learned the software "was a sham," characterized Montgomery as a "con man" and quit.

11.

Tim Blixseth alleged the judge was biased against him and had conspired with Montana state government officials and the creditors suing Tim Blixseth.

12.

In June 2011 Tim Blixseth filed suit against one of his personal attorneys for legal malpractice and personal injury associated with the Yellowstone Club bankruptcy.

13.

Tim Blixseth then filed suit against Credit Suisse and their appraisal company claiming they deceived and mislead him into accepting some $300 million in loan payments which eventually led to the resort's bankruptcy.

14.

Tim Blixseth continues to fight these claims and seeks to have the various judgments against him vacated.

15.

In July 2016, Tim Blixseth was granted bail pending appeal and was released.

16.

Tim Blixseth has two children, son Beau and daughter Morgan, from his second wife Desiree Langlois.

17.

However, wife Edra and creditors later claimed Tim Blixseth duped her into taking on debt-encumbered assets while keeping cash and siphoning off liquid assets for himself.