Blxwares owners edra and tim blixseth divorced in 2008 and blxware became part of edra blixseths sole property. Ellison bought porcupine creek from yellowstone club founders tim and edra blixseth. Wachovia sues yellowstone club cofounder over loans. Greed, bankruptcy, and the super rich the atlantic. In 2009, edra blixseth filed for chapter 7 bankruptcy and liquidated the company. Edra blixseth also is the author of the book uncharged batteries. North carolinabased wachovia issued blixseth two loans last year to develop her computer software company, blxware. Top 10 worlds most expensive houses topteny magazine. Former developer blixseth tries to get out of jail for christmas wsj. A center in palm springs for women and children suffering from abuse is named after her.
Edra blixseth president, inactive jack scalia president. Montgomery went on to find another patroninvestor in the form of edra blixseth, wife of. See all 2 formats and editions hide other formats and editions. From a creditordebtor law perspective, the myriad litigation involving tim blixseth s attempts to dodge his creditors is the gift that keeps on giving. According to blixseth, i thought he had some good new software. Blixseths lawyer said it is time to end the developers wrongful. Tim blixseth, the former billionaire realestate developer who has been.
Economy crashes the gates at a club for the rich new york times, nov. Fake news in the age of the internet, part 5 the post. In 2006 the blixseths partnered with a computer software. Oracle chief buys california estate once owned by yellowstone club founders, tim and edra blixseth. Dennis lee montgomery born 1953 is an american software designer and former medical. Larry ellison is an american programmer, internet entrepreneur, businessman and philanthropist. Paradise lost tim blixseth carved a private golf and ski resort out of the montana wilderness.
Chernin of the news corporation another board member. Business wiredennis montgomery, chief scientist for blxware llc, an emerging software company owned by entrepreneur and ceo of the yellowstone club, edra blixseth. When asked how hes doing, blixseth said with a grin, its a great day to be alive. Blxwares owner, edra blixseth, is coowner of the yellowstone club, a resort for the ultrarich in montana. The corsiwndarpaiozullomontgomery connection obama. When i knocked on the door of dennis montgomerys yarrow. View the profiles of professionals named edra on linkedin. Checkmate at the yellowstone club the new york times. Blixseth gave up control of the yellowstone club during his 2008 divorce from exwife edra blixseth.
Founder and ceo of the worlds largest business software company mr. That happened a couple years after 911, when montgomery, then chief technology officer and part owner of nevada software company etreppid, made millions selling spy programs to the u. Per montgomery, in 1981 or 82, he formed a company, computermate, the business of which was to write medical software for medical instrumentation. Yellowstone club, big sky mt company profile bizstanding. Yellowstone club is a,600 acre private residential community set. Business directory information on every company and professional organization. Ellison is the highestpaid executives in the us, ellison has. Porcupine creek features an 18,430squarefoot main home, an 18hole. Billionaire who went bust is out of jail and still owes millions.
In this adversary proceeding trial was held june 6 7 8 and 11 2012. Nevada companys troubles entangle gibbons, federal. Montgomery was a partner in a software development company blxware owned by edra blixseth, the estranged wife of timothy blixseth. It is a unique house that is located in montana, united states and is possessed by tim and edra blixseth. Yellowstone club, whose members included microsoft cofounder bill. He was the chief executive officer of the software company. Chief scientist for blxware llc, an emerging software company owned by entrepreneur and ceo of the yellowstone club, edra blixseth. But skills that took him from a tough boyhood to hanging with bill gates are tearing his. On september 23, 2008, businesswire reported that etreppid technologies and montgomery, who had formed another software company, blxware, with financial support from edra blixseth, had reached a confidential settlement agreement. The company claims the software disappeared and the source code was wiped out when montgomery left. Edra filed for divorce in the riverside superior court in december 2006, in re marriage of blixseth, riverside superior court case no. Atigeo at issue in divorce settlement the seattle times. A jury orders exbillionaire timothy blixseths wife to hand over millions in. Larry ellison is not only one of the worlds richest.
Tim blixseth grew up poor in oregon, eating spam five times a week. In 1998 montgomery cofounded etreppid technologies with partner warren trepp to develop video. Thereafter, she attempts to start a new technology company with montgomery. Exbillionaire tim blixseth talks about life from cascade county. Blixseth edra or debtor and others, and to which wcp joined.
Sectec astronomy 2011 dennis montgomery litigation and. They invested in several companies named blxware, xpatterns, and. We have put together a thread with tips and a tutorial video to help with using the new software. In reading the fascinating exploits of dennis montgomery, we come across two other characters, billionaire tim blixseth and his wife edra, in the 2010 playboy magazine story about montgomery. Larry ellison net worth biography, quotes, wiki, assets. Tim blixseth attempting to sell her assets may 28, 2008 edra blixseth v. It allows you to enjoy skiing thanks to its location and it features many facilities that help you to. Edra got the club in the divorce, and with it the huge debt load. Edra blixseth has come a long way since she and her husband, tim, declared bankruptcy in rainsoaked roseburg, oregon, in 1986. Tim blixseth, founder and dominant shareholder of the yellowstone club, was. Tim blixseth divorce filing may 1, 2007 edra blixseth v. Edra blixseth says her former estate will be in great hands with oracle chief.
Dennis lee montgomery born 1953 is an american software designer and former medical technician who sold federal officials computer programs he claimed would decode secret alqaeda messages. She filed for personal bankruptcy in 2009 which resulted in a chapter 7 liquidation of her assets including blxware and its associated software and intellectual property. Larry ellison, the sixthrichest man in the world, has bought the 249acre golf course estate of edra blixseth. Given the circumstances, though, its the best she can do. Edra blixseth is at the center of a huge financial mess, court papers show, and she. Michael sandoval exmicrosoft executive using money she invested in his company. He remanded the case to the bankruptcy court to determine if it should be. For publication united states court of appeals for the ninth circuit in re edra d. The current federal inquiry into edra blixseth, ap informed us, involves a series of multimillion dollar loans she took out or guaranteed around the time of her divorce, according to an attorney familiar with. Appeals court rules for blixseth in montana case great falls tribune. Government tries to keep secret what many consider a fraud. In 1977, robert miner who was the supervisor of ellison in ampex left the company cofounded a company called software development laboratories.
Timothy lee blixseth was born on 27 april 1950, in roseburg, oregon usa, and is a record producer, songwriter, and real estate developer, but possibly best known for being the cofounder of the. Blixseth s wife and montgomery were business partners in a software company venture that included the software. From billionaire to inmate, tim blixseth remains defiant. Blixseth loses on marital settlement agreement and.
By debra gruszecki, the desert sun february 9, 2011. The move followed what critics described as a spending spree in recent years by the clubs founders, tim and edra blixseth, even as the luxury real estate market stagnated. Blxwares owners edra and tim blixseth divorced in 2008 and blxware became part of edra blixseth s sole property. The resort, with its private ski hill and an exclusive membership that includes microsofts. Edra did say in an email that as part of the settlement she gets two of the properties that tim bought to start a global resort membership club called yellowstone club world.