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Tim Blixseth
Timothy Lee "Tim" Blixseth (born 1950) is an American real estate developer, record producer, songwriter and timber baron.〔(Former timber baron Blixseth goes on trial, accused of 'looting' $286M from Yellowstone Club ), Minneapolis Star Tribune, February 23, 2010.〕 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.〔(Ex-billionaire to seek sanctions ), ''Seattle Times'', May 18, 2011.〕 By 2012 he faced a forced bankruptcy for failing to pay Montana $57 million in income taxes〔(Court: Montana can pursue resort founder Tim Blixseth into bankruptcy ), by The Associated Press, The Oregonian, December 18, 2012.〕 and in 2014 he told the courts he was "too broke" to pay pending judgments and contempt findings for his fraud role〔(9th Circ. Upholds Contempt For Bankrupt Ski Club's Founder ), by Jeff Sistrunk, Law360, October 9, 2014.〕 in the Yellowstone Club bankruptcy.〔(Blixseth - Ninth Circuit Bankruptcy Appellate Panel Rules Nevada Is Proper Venue For Involuntary Bankruptcy Against Former Billionaire Because Holding Companies Formed There ), by Jay Adkisson, Forbes Magazine, December 30, 2012.〕〔( Tim Blixseth claims he's too broke to comply with court order in continuing battle over Yellowstone Club ), by Jeff Manning, The Oregonian, December 18, 2014.〕 Blixseth's wealth and assets have been the subject of controversy,〔(Blixseth fraud trial court seeks assets and answers ), ''New West'', February 25, 2010.〕 and in December 2014〔(Ex-billionaire Blixseth booked into Missoula County jail; judge demands accounting for millions ), by Matthew Brown, Associated Press, December 18, 2014.〕 and again in April 2015〔(Judge Returns Ultra-Rich Club Founder Tim Blixseth to Jail ), by Matthew Brown and Amy Beth Hason, Associated Press, April 20, 2015.〕 he was jailed for contempt for failing to pay court ordered sanctions and disclose what happened to assets the court had ordered held to pay his creditors. The bankruptcy of the Yellowstone Club in 2008 led to extensive litigation with Blixseth and his creditors,〔(Yellowstone Ski Resort for Super Rich Files Bankruptcy ), ''Fox News'', November 12, 2008.〕 the property emerged from bankruptcy under new ownership in 2009.
==Early life and education==
According to Blixseth, he "grew up on welfare in Roseburg, Oregon".〔(Tim Blixseth asks judge to punish tax officials, will donate all punitive damages to legal aid ), Tim Blixseth Press Release - PRNEWS Wire, June 2, 2011〕 He attended Roseburg High School (Class of 1968) and after graduating he worked in a sawmill.〔Cohan, William (Paradise Lost ), ''Forbes Magazine'', February 6, 2008.〕 His parents were members of "a local cult" called Jesus Name of Oneness.〔
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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