Yellowstone Club Founders Divorce
The most popular article on the Wall Street Journal yesterday was the write up on the amicable split of Tim and Edra Blixseth. One afternoon, over a bottle of wine, they mutually agreed on who got what.
While they split most of their assets they are sharing their three private jets and their business partnership in Yellowstone Club. While the Journal doesn't mention the Yellowstone Club World, the new destination club announced last year, Tim Blixseth is listed on the clubs site as the main owner, and both Tim and Edra are listed as the owners and founders.
Yellowstone Club World will have up to 150 members who pay a sliding scale depending on when they join of from $3m to $10m, with annual dues of about $75,000. The club already has a chateau in France, will have it's own golf course in St Andrews, Scotland and other properties in the Caribbean, Palm Springs and Mexico, plus private yachts and jets.
Destination Club and Residence Fund Guide
For an in-depth understanding of destination clubs and residence funds, download our free guide. This book offers details about the various types of clubs and membership plans, how reservations work, the financial aspects you'll need to know, how these two vacation home alternatives compare to luxury second home ownership in terms of cost and questions you should ask when looking to join a club. We do ask you to register to access the Guide.