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World’s Only Private Resort For Billionaires Goes Bankrupt
http://www.bronx.com/news/articles/297/1/Worlds-Only-Private-Resort-For-Billionaires-Goes-Bankrupt/Page1.html
Maria Milosheva
I was born, raised and currently live in Sofia, Bulgaria, EU. I am a journalist by profession and practice psychology for the past few years.

I started drawing in 1991, urged by strong inner need to recreate the reality beyond the usual – the world of forms and details… I have taken part in various exhibitions and my work is in a number of private collections. It can be seen at MarmiArt.com.

My drawings are created using mixed techniques – aquarelle, tempera, ink, pencils, etc. They are unique and have no names. Their eventual owners would give them names, effectively becoming a part of the process of creating them. Every one can charge their own drawing with one's own energy and identify it with one's self. Your drawing will repay generously, giving calm moments for reflection and meditation.

 
By Maria Milosheva
Published on 11/20/2008
 
World’s only private ski and golf resort for billionaires, Yellowstone Club (Montana, USA), has gone bankrupt. The club, which has Microsoft founder Bill Gates among its members, is unable to call in its credits, RIA Novosti reports. The company, which serves billionaires, has thus failed to withstand the financial crisis.

World’s only private ski and golf resort for billionaires, Yellowstone Club (Montana, USA), has gone bankrupt. The club, which has Microsoft founder Bill Gates among its members, is unable to call in its credits, RIA Novosti reports. The company, which serves billionaires, has thus failed to withstand the financial crisis.
 
The most expensive and luxurious resort in Montana has filed for bankruptcy on account of its debts evaluated at $343 million. The debts had been saved as a result of the aggressive expansion politics and an intention to build additional offices in Scotland, Mexico and on the Caribbean islands.

Yellowstone is the location of the most expensive house in the world – the estate of logging tycoon Tim Blixseth worth $167 million. Blixseth founded the club in 1999. The resort has “cheaper” offers too – priced from 4 to 16 million dollars.

It is worthy of note that 125 members of the platinum club wrote a letter to Blixseth in May of the current year to set out their concerns about the policies that the resort administration was running.

The club had a very costly membership. A new member was supposed to receive an invitation from an existent member, pay the membership fee ($250,000), purchase a plot of local land (from $2 million) and finally build a house there. The monthly membership fee made up $16,000. In return, the club could offer the dream of any skier – ski rides on splendid slopes with no one else around.

Tim Blixseth built his 4,900-square-meter house of stone and wood. The house comes with 650,000 square meters of land. There are ten rooms and a pool in the building. The indoor pool can be quickly transferred into the outdoor pool with the help of the sliding glass wall.

Pravda.ru