Tim Blixseth: Age, : Wealth Report Net Worth 2026: Career Earnings & Assets

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Timothy Lee Blixseth, born on April 27, 1950, in Roseburg, Oregon, is an American real estate developer, record producer, songwriter, and timber baron. He is best known as the co-founder of the Yellowstone Club in Montana, a private ski and golf resort. Once featured on the Forbes 400 List of wealthiest Americans, Blixseth’s career has been marked by significant achievements and controversies.

Personal Life and Relationships

Blixseth married Edra Denise Crocker in 1983, with whom he had two children: Beau (born 1979) and Morgan (born 1981). The couple divorced in 2008. He later married Jessica Ferguson Kircher. Blixseth’s personal life has been intertwined with his business ventures, notably involving his ex-wife Edra in the operations of the Yellowstone Club.

Early Life and Family Background

Tim Blixseth was born into a modest family in Roseburg, Oregon. His parents were members of a local religious group known as Jesus Name of Oneness. Growing up on welfare, Blixseth faced economic hardships, often hunting deer and elk to provide food for his family. He attended Roseburg High School, graduating in 1968. These early experiences instilled in him a strong work ethic and a drive to succeed.

Charitable Work and Legacy

Despite his financial and legal troubles, Blixseth has been involved in philanthropic efforts, particularly in supporting education and community development. However, his legacy remains overshadowed by the controversies surrounding his business practices and the legal battles that ensued.

Legal Issues and Controversies

The bankruptcy of the Yellowstone Club in 2008 led to extensive litigation. Blixseth was accused of diverting funds for personal use, resulting in numerous lawsuits and financial penalties. In 2014, he was fined $200 million for fraudulent transfers related to the club’s bankruptcy. He has also faced charges of contempt and spent time in jail in 2015 for failing to disclose assets.

Net Worth and Lifestyle

Blixseth’s financial status has seen dramatic fluctuations. After reaching a net worth of $1.3 billion in 2006, legal issues and financial mismanagement led to a significant decline. By 2011, his net worth had dropped to $200 million, and he faced a forced bankruptcy in 2012 for failing to pay $57 million in income taxes to the state of Montana. As of recent reports, his net worth is estimated at negative $250 million.

Career Beginnings and Key Milestones

After high school, Blixseth worked in a sawmill, which sparked his interest in the timber industry. He founded the Blixseth Group, focusing on land swap deals and federal timber contracts. Despite facing bankruptcy in 1981, he rebuilt his business, creating Crown Pacific, Ltd. in 1986. The company thrived, significantly boosting his net worth. In 1992, Blixseth sold his interests in Crown Pacific and later sold a large portion of land to the U.S. Forest Service for $16.4 million in 1995.

Notable Works and Achievements

In the mid-1990s, Blixseth co-founded the Yellowstone Club, an exclusive ski and golf resort in Big Sky, Montana. The club attracted high-profile members, including Bill Gates and Warren Buffett, and became renowned for its luxury and exclusivity. At its peak, Blixseth’s net worth was estimated at $1.3 billion, earning him a spot on the Forbes 400 List in 2006.

Future Plans and Impact on Culture

Blixseth’s current activities are not widely publicized. His story serves as a cautionary tale about the volatility of wealth and the consequences of financial mismanagement. The rise and fall of the Yellowstone Club under his leadership have been subjects of media coverage, reflecting the complexities of luxury real estate development and the importance of ethical business practices.

Disclaimer: Tim Blixseth: Age, wealth data updated April 2026.