Tim Blixseth, co-founder of Yellowstone Club—the world’s only private ski and golf community located in Big Sky, Montana—has filed for bankruptcy.
The Yellowstone Club, which includes Bill Gates as a member, can't pay its creditors.
“Yellowstone Club World membership is capped at 150, offered by invitation only. Entry fee to the first 25 is $3 million and $10 million to the 150th member.”
— Tim Blixseth, Co-Founder & Chairman