Reality Check for the World's Rich

All good things must come to an end -- even for America's jet-setting super rich . That was certainly true for the Yellowstone Club and its owner, 55-year-old Edra Blixseth, who filed for Chapter 11 bankruptcy protection earlier this year to hold off more than 100 creditors to whom she owed at least $141 million. Yellowstone Club, a posh club in Big Sky, Mont., for the super rich with a 13,600-acre private ski resort, was originally the venture of American billionaire Tim Blixseth, Edra's...Full Story
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