Tim Blixseth Wiki, Age, Bio, Height, Wife, Career, and Net Worth

Tim Blixseth is well-known as an American real estate entrepreneur, record producer, songwriter, and timber baron.

Wiki, Bio, Family, Siblings, Childhood & Education

Timothy Lee Blixseth, also known as Tim Blixseth, was born on April 27, 1950, in Roseburg, Oregon, United States of America. He is 73 years old and of American nationality, according to his birth date.

There is no accurate information accessible on his parents, siblings, childhood, ethnicity, and other details. His parents, on the other hand, were members of “a local cult” called Jesus Name of Oneness. He grew raised on assistance in Roseburg, Oregon, he claims.

He went on to Roseburg High School (Class of 1968) for his grades. However, whether or not he attended college remains unknown.

Tim Blixseth’s Age, Height, Weight, and Body Dimensions

Blixseth possesses short brown hair and brown eyes. His actual physique dimensions, including height, weight, and many more, remain unknown.

Tim Blixseth’s Profession & Career

After finishing high school, Tim Blixseth went to work at a sawmill. Later, he entered the timber industry, establishing the Blixseth Group, a timber management and sales firm.

Club Yellowstone

He turned his concentration to real estate development in the early 1990s and began collecting properties in Montana. Furthermore, he envisioned developing a high-end private community with luxury amenities and exclusive access to skiing and golfing. This resulted in the formation of the Yellowstone Club in 1997.

The Yellowstone Club swiftly rose to prominence as a haven for the wealthy and famous, with noteworthy members like Bill Gates and Warren Buffett. Furthermore, Blixseth’s creation drew investors and buyers who were lured to the club’s lavish amenities as well as its unique position near Yellowstone National Park.

However, the Yellowstone Club experienced financial difficulties in the late 2000s. Blixseth and his then-wife, Edra Blixseth, took out large loans against the club’s assets, resulting in financial troubles and legal disputes. Furthermore, the couple divorced in 2008, and the Yellowstone Club declared bankruptcy in the same year.

Bankruptcy and legal problems

Following the bankruptcy, he was confronted with legal battles as well as claims of mismanagement and fraud. He was involved in cases involving the management of club funds and was obliged to pay large settlements and judgments.

In June 2011, he sued one of his personal attorneys for legal negligence and personal damage relating to the Yellowstone Club’s insolvency. Furthermore, he sought $375 million in damages, alleging 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 handing it over to his wife Edra Blixseth as part of their divorce.

Brown refuted the claims. In March 2012, US District Judge Donald W. Molloy dismissed Blixseth’s allegations. In July 2011, the federal bankruptcy judge presiding over the case determined that Blixseth’s conspiracy and fraud charges in the Yellowstone Club bankruptcy were previously examined and found to be without substance. He subsequently sued Credit Suisse and their assessment firm, alleging that they duped and misled him into taking $300 million in loan payments, causing the resort to fail.

Bail appeal granted

Creditors are suing the Yellowstone Club for an extra $286 million in suspected misappropriated funds, which trustees claim Blixseth stole prior to the club’s bankruptcy. Blixseth is still defending these allegations and attempting to get the various judgments against him reversed.

In December 2014, he was sentenced to prison for civil contempt and again in April 2015 for failing to pay court-mandated sanctions and failing to explain what happened to assets ordered held to pay his creditors. In July 2016, he was granted bail pending appeal and released.

Songwriting

Aside from his work with the Yellowstone Club, Blixseth has been involved in a number of other economic initiatives, including real estate development projects in Mexico and other parts of the United States. Aside from business, he is also a songwriter. He and his ex-wife Edra wrote the charity hit “Heart of America.”

Meanwhile, the song became the anthem for the Today TV show’s “Make a Difference” campaign in 2005 to help Hurricane Katrina victims. The song was covered by Wynonna Judd, Michael McDonald, and Eric Benet. In June 2006, Ebony magazine stated that the song had garnered $41 million, with a predicted income of $100 million. According to the Desert Sun, the song raised $127 million for storm relief charities in August 2006.

Tim Blixseth’s Salary and Net Worth

Blixseth is bankrupt and has a net worth of -$250 million. He is now involved in legal proceedings.

Tim Blixseth’s Wife, Marriage & Relationship

Tim Blixseth is a divorcee who has been married four times in his life. There are no specific facts available about his first marriage. From his second marriage, Desiree Langlois, he has two children: son Beau and daughter Morgan. From 1983 through 2008, he was married to his third wife, Edra Denise Crocker. Later, in 2009, he married Jessica T. Ferguson Kircher, whom he divorced in 2016.

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