Wednesday, November 12, 2008

Yellowstone Club, the club for Billionaries, goes bust
















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