Timothy Blixseth Founder of Crown Pacific Country: USA

1. Biography of Timothy Blakeset
2. Early Ventures
3. College and Military Service
4. Hollywood and Woodworking
5. Founding Crown Pacific

Biography of Timothy Blakeset

Timothy Blakeset was born in 1950 in the United States. He is known as a prominent businessman who made his billion-dollar fortune through buying and selling timber. Blakeset grew up in a family of Norwegian immigrants, and his parents were not wealthy. The family made a living through farming, but Timothy's father fell ill with fever before his birth and was unable to work. As the youngest child, Timothy had dreams of becoming a musician or poet in his childhood, but he ultimately became a successful businessman.

Early Ventures

As a teenager, Timothy Blakeset worked part-time at a local wood processing plant. At the age of 15, he made his first deal, which involved buying and selling donkeys. He purchased the animals for $25, took them home, cleaned and fed them, and eventually sold each donkey for $75. This experience made Blakeset realize that he could make decent money through buying and selling, and he began looking for other industries to explore.

College and Military Service

In 1968, Timothy Blakeset graduated from high school and briefly attended college for only one semester. He realized that he would learn more about business through his own experiences rather than listening to lectures from professors. After leaving college, he was recruited into the National Guard, where he had to serve two weeks of military duty every year.

Hollywood and Woodworking

Blakeset decided to pursue his dream of becoming a musician by heading to Hollywood. However, due to a lack of musical talent and influential connections, he quickly faced defeat and had to return to the wood processing industry.

Founding Crown Pacific

In 1988, Timothy Blakeset, together with Peter Stott, founded the company "Crown Pacific." They purchased large parcels of land in Idaho, but unfortunately, luck was not on their side, and Blakeset experienced another setback. However, he later regained his wealth through the establishment of a woodworking company with the McDougal brothers. By 2008, Blakeset's capital was estimated at $1.3 billion.