Tim Blixseth's fortune could soon come to light as a a judge considers whether the high-flying real estate developer took hundreds of millions

Tim Blixseth's fortune could soon come to light as a a judge considers whether the high-flying real estate developer took hundreds of millions of dollars in a fraud scheme that left the exclusive resort broke.Such a decision would be a turning point in one of the biggest bankruptcy cases to come through Montana and one that continues to air the dirty laundry of the uber-exclusive resort for the rich and famous. A trial looking at potential fraud ended Friday, leaving the issue up to a judge after he gets final written briefs.Once proclaimed a billionaire in Forbes magazine's list of the 400 richest Americans, Blixseth doesn't appear to have those kinds of assets anymore — and maybe never did.Blixseth has testified that near the peak of the real estate market in 2006 and 2007, his assets were about half a billion dollars. But he never did a full accounting and could only estimate.Creditors trying to recoup $286 million from Blixseth are already putting together their own list of Blixseth's assets: estates, land, companies and toys they say were all funded by fraudulent transfers out of the Yellowstone Club.
A full list of those assets was given to the court Friday, and U.S. Bankruptcy Judge Ralph Kirscher quickly sealed it from public view.The judge, who has already scolded Credit Suisse for "predatory lending practices" in granting a $375 million loan that buried the club in debt, is now focused on Blixseth. He could force Blixseth to pay back a lot of the money, and creditors are busy identifying Blixseth assets that include:A $100 million holding company called Desert Ranch with about 3,000 acres in its portfolio.A private island called Emerald Cay, adjacent to a ritzy Turks and Caicos location, currently listed for sale online at $48.5 million but valued by creditors at $35 million.