Behind every billionaire there is a story!

Inside A Billionaire’s Real Estate Troubles

 - Tim Blixseth grew up poor in Oregon, made a fortune selling timberland, and thanks to his skilled dealmaking, created The Yellowstone Club, a posh private skiing and golf resort on a vast spread in the mountains near Big Sky, Montana. In large part due to his ownership of the Yellowstone Club, he entered the ranks of the Forbes 400 Richest Americans; last year, his net worth was an estimated $1.3 billion.

Now Blixseth’s luxe resort–which attracted as members the likes of Bill Gates and former Citigroup Chief Financial Officer Todd Thomson and early last year boasted it would have one of the world’s most expensive residences–has become the centerpiece of a bitter divorce battle, with allegations of a liquidity crunch at the club on one side and emphatic denials on the other. This has left members up in arms

read the rest published by Forbes here:

http://www.forbes.com/realestate/2008/05/29/blixseth-yellowstone-housing-forbeslife-cx_kd_0529realestate.html