New West News Brief
Billionaire Blixseth Sells Site for World’s Most Expensive Home
By Courtney Lowery, 3-28-08
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Scott McMillion at the Bozeman Daily Chronicle has the scoop: Billionaire and Yellowstone Club founder Tim Blixseth has sold the site where he was planning to build the porported world’s most expensive home (53,000 square feet at $155 million).
McMillion reports a Big Sky resident, Loren Bough bought the 160-acre parcel. Bough tells the Chronicle, “I’ve got no exciting plans for it. It is, for me, just an investment.”
The story also details some of the latest shakeups with Blixseth and the Yellowstone Club, hinting at the messiness of the divorce between Blixseth and his wife Edra (which a Wall Street Journal columnist last year called “peaceable” and said marked “a triumph of hope over history, and reason over money."), and the impending sale of and ongoing legal dealings with the Yellowstone Club. (McMillion notes that his search for records at the Madison County Courthouse also uncovered three new lawsuits against Blixseth.)
Click here for McMillion’s detailed story.
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Comments
The divorce is but one distraction ongoing. Timmy has seemed to have alienated some of his bucks-up buddies, and the courts are beginnng to fill their dockets with lawsuits. A Belgrade farmer might think wheat is a good crop, but the best returns are going to be made by attorneys plowing deep in the Blixeth brouhaha...if they can collect their money.