The Ultimate Haven of Wealth and Fame: Yellowstone Club
Ultra-Elite Social Circle Gaining Global Attention
Nestled among Montana's picturesque vistas lies a remote, secluded haven housing fewer than 900 inhabitants—yet they collectively hold a staggering net worth of over $290 billion. This exclusive community is known as the Yellowstone Club, playing host to some of the world's most affluent individuals and famed celebrities.
Enter tech tycoon and Shark Tank cohost, Robert Herjavec, who, five years ago, found his paradise in the Yellowstone Club. This private resort, approximately an hour from Bozeman, Montana, and 50 miles north of Yellowstone National Park, offers a veritable playground for the whole family. Herjavec's 6-year-old twins have already surpassed his wife, Kym, in skiing skills, a testament to the allure of this mountainous oasis.
Following the purchase of a condo in 2019, the couple wouldn't settle for less, eventually splurging $28 million on a 13,500-square-foot, 8-bedroom home boasting stunning panoramic views of the Rockies. undoubtedly, it's their favorite among all their homes.
With a membership of 885, the exclusive Yellowstone Club encompasses a sprawling 15,000 acres of land, offering an array of pursuits like skiing, golfing, fly fishing, horseback riding, and more. The club caters to every whim, providing amenities such as a kids' movie theater, concert venues hosting acts like Sting and Norah Jones, and "sugar shacks" offering complimentary snacks and warm soup.
Affectionately likened to a haven for families of all age groups, the club's unique selling point is its careful management and control over membership-limited to 914 members to avert overcrowding. Admission is reserved only for those who receive strong recommendations, undergo background checks, and make a substantial financial investment, starting with a property purchase worth a minimum of $10 million. Residential properties are valued at $20 million or more, with additional costs amounting to a $500,000 deposit and $78,000 in annual dues to cover unlimited skiing, golfing, and 140 guest days a year.
Many members choose to conceal their affiliation with the club through Limited Liability Companies (LLCs). Among the renowned personalities known to be part of the club are Justin Timberlake, Jessica Biel, Mark Zuckerberg, and Tom Brady. Estimates suggest that the club houses over 50 to 80 billionaire members, including illustrious figures like hedge fund tycoon Bill Ackman, Waffle House chairman Joe Rogers Jr, and Slack founder Stewart Butterfield.
Founded by former billionaire Tim Blixseth, the Yellowstone Club rose from humble beginnings in 1991, trading land near Yellowstone to acquire its current property. It officially opened in 1999, but shortly after, in 2008, it filed for bankruptcy due to mismanagement of funds. However, in 2009, Boston-based real estate firm CrossHarbor Capital, along with around 40 club members, purchased it out of bankruptcy and invested over $1 billion into its enhancement. Today, early investors have already received a return of 4.5 times their original investments, attesting to the club's resurgence.
Famous Faces at the Yellowstone Club
- Bill Ackman: The notorious founder of Pershing Square Capital owns two properties at the Yellowstone Club, valued at an estimated $30 million in total.
- Tom Brady: Despite his 2022 divorce from supermodel Gisele Bündchen, the former NFL quarterback appears to have retained their Yellowstone Club home. He frequently entertains family visits, annual mountain bike outings with ex-teammates, and shares pictures of their adventures on Instagram.
- Ron Burkle: The billionaire founder of Yucaipa Companies and Soho House owns an estimated $75 million property at the club, consisting of 46 acres and several homes.
- Stewart Butterfield and Jen Rubio: After selling Slack to Salesforce for nearly $28 billion in 2021, Butterfield and his wife, Jen Rubio, bought their home at the Yellowstone Club, valued at approximately $38 million.
- Melinda French Gates: Melinda received the couple's $40 million Yellowstone Club home as part of her divorce settlement in 2021, including an 18-acre plot of land beside "Billionaires' Ridge."
- Jimmy Haslam: The Cleveland Browns owner constructed a luxurious five-bedroom home, valued at around $22 million, near the golf course in 2018.
- Frank McCourt: The former L.A. Dodgers owner purchased a 160-acre property at the Yellowstone Club, known as Ranch #2, with plans for a main residence, guest cabins, stables, and a covered bridge.
- Eric Schmidt: The former Google CEO hosts an exclusive, annual conference at the Yellowstone Club, inviting notable figures like Lady Gaga, journalist Ronan Farrow, author Adam Grant, and economist Ian Bremmer.
- Justin Timberlake: Reportedly, Timberlake and his wife, actress Jessica Biel, joined the club in 2015 and once resided full-time in Big Sky for a spell, even sending their child to attend a local school. They've supported the community with a donation over $100,000.
- Nick Woodman: The founder of GoPro, Nick Woodman, invested in the Yellowstone Club and now resides there full-time. He and his wife donated $4 million to help create Big Sky's community and recreation center.
- Mark Zuckerberg: Zuckerberg's membership at the Yellowstone Club remains unconfirmed, yet suspicions were raised by local sightings, and on Forbes' discovery of an LLC linked to Zuckerberg owning three homes purchased in 2015.
Originally published: 9th October 2024
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- Robert Herjavec, a tech tycoon and Shark Tank cohost, found his paradise in the Yellowstone Club, a private resort known for its family-friendly activities.
- Herjavec and his wife Kym purchased a condo in 2019, followed by an 8-bedroom home worth $28 million in 2020, which they consider their favorite home among all their properties.
- The exclusive Yellowstone Club encompasses a sprawling 15,000 acres of land, offering various pursuits like skiing, golfing, fly fishing, horseback riding, and more.
- The club provides amenities such as a kids' movie theater, concert venues, and "sugar shacks" offering complimentary snacks and warm soup.
- Membership in the club is limited to 914 members to prevent overcrowding, and admission requires strong recommendations, background checks, and a substantial financial investment.
- The minimum property purchase requirement is $10 million, with residential properties valued at $20 million or more, additional costs of a $500,000 deposit, and $78,000 in annual dues to cover unlimited skiing, golfing, and 140 guest days a year.
- Many members choose to conceal their affiliation with the club through Limited Liability Companies (LLCs).
- It is estimated that over 50 to 80 billionaire members are part of the club, including figures like Bill Ackman, Waffle House chairman Joe Rogers Jr, and Slack founder Stewart Butterfield.
- Bill Ackman, the notorious founder of Pershing Square Capital, owns two properties at the Yellowstone Club, valued at an estimated $30 million in total.
- Tom Brady, despite his divorce from supermodel Gisele Bündchen, appears to have retained their Yellowstone Club home and frequently entertains family visits, annual mountain bike outings with ex-teammates, and shares pictures of their adventures on Instagram.
- Jimmie Johnson, a successful NASCAR driver, joined the club in 2020 and frequently shares photos of his adventures in the club's picturesque surroundings.
- The Yellowstone Club caters to members' interest in various fields, such as fashion-and-beauty, technology, business, personal-finance, real-estate, data-and-cloud-computing, and entertainment.
- Lifestyle magazines often feature articles about celebrities' homes in the Yellowstone Club, discussing topics such as home-and-garden, design, food-and-drink, fashion, and personal-growth.