Texas company seeks $8.7M from Tony Hsieh’s estate

A Texas-based travel, fittingness and wellness institution claims Tony Hsieh’s property owes much than $8.7 cardinal for consulting work, according to tribunal papers filed Monday.

Susan Baleson, the proprietor of The Wellth Collective, LLC, is seeking a full $8,765,981.60, for enactment Baleson said her institution performed connected behalf of Hsieh successful Park City, Utah.

Baleson’s assertion provided copies of Hsieh’s notes, including a Post-It enactment labeled “Magic Castle Project.”

The assertion was filed successful Hsieh’s probate case, which began successful December erstwhile Hsieh’s household filed tribunal papers stating they believed the erstwhile Zappos enforcement and Las Vegas tech entrepreneur died without a will.

Hsieh died Nov. 27 astatine property 46 from injuries suffered successful a Connecticut location fire. His father, Richard, and his brother, Andrew, are overseeing the property of the erstwhile Zappos boss.

Baleson filed a 2nd assertion Monday connected behalf of her Delaware-based company, Beautiful Wellth Investments, asking for the instrumentality of stocks Tony Hsieh had purchased done a constricted liability company, Pickled Investments.

“The Wellth Collective and Beautiful Wellth Investments claims are straightforward and realistic successful that they question outgo for services performed and existent expenditures, and are based connected valid contractual agreements,” a spokesperson for the companies said successful an emailed statement. “They bash not question outgo for future, unperformed services, oregon for immoderate different reason. These parties simply privation to beryllium compensated for what they did for Mr. Hsieh successful the past and, therefore, are legitimately owed.”

According to Wellth Collective’s website, the institution organizes “fitness and wellness events” crossed the U.S.

Baleson met Hsieh successful the outpouring of 2012 portion interviewing for Resort Gaming Group, which managed the existent property limb of Hsieh’s Downtown Project fund, according to the claim. Baleson worked for Resort Gaming Group for a abbreviated play earlier launching her ain concern “focused connected hospitality and marketing,” for which the Downtown Project provided effect money.

Baleson and her institution besides consulted for Zappos.

Hsieh aboriginal asked Baleson to enactment with him connected “several projects” successful the affluent skis municipality of Park City, Utah, “in a akin capableness to erstwhile enactment — including, without limitation, the sourcing and acquisition of existent estate, squad absorption and events,” the assertion stated.

Hsieh emerged successful Park City aft the coronavirus pandemic abruptly ended his once-regular watercourse of interactions and events successful Las Vegas.

In June, Mark Evensvold, who supposedly had concern dealings with Hsieh, levied a $12.5 cardinal creditor’s assertion against his estate, claiming helium had a declaration that called for Evensvold to person loosely defined enactment responsibilities, including perchance gathering treehouses successful Park City.

Hsieh was known to constitute contracts connected Post-It notes, the Review-Journal has reported. Evensvold included a transcript of specified a declaration successful his assertion against Hsieh’s estate.

A transcript of Hsieh’s “cash travel projection” dated Aug. 27, 2020 included successful Baleson’s assertion indicated Hsieh planned to perpetrate $5 cardinal to “Magic Castle.” The filing, parts of which were redacted, did not elaborate connected what Magic Castle entailed.

“Wellth Co. entered into a fig of contracts with subcontractors oregon different extracurricular vendors and incurred expenses connected behalf of (Hsieh) with the afloat anticipation that (Hsieh) would pay, oregon origin to beryllium paid, the underlying fees and expenses, arsenic good arsenic the interest owed to Wellth Co.,” the assertion said.

The assertion stated Hsieh “had clarity successful what helium had asked Wellth Co. to do” erstwhile helium entered into the contract.

Previous tribunal filings from Hsieh’s household claimed Hsieh spent his last years malnourished, hardly sleeping and hallucinating from ketamine and nitrous oxide use. In Park City, Hsieh bought respective houses and hosted galore parties. He besides seemed to show erratic behaviour, and reports of his cause usage sparked concern, the Review-Journal antecedently reported.

Hsieh’s household has besides claimed successful tribunal filings that the tech moguls friends knew helium was unwell but continued to usage him for their ain fiscal summation successful the months starring to his death, including investments successful Park City, Utah.

Lawyers for Hsieh’s household did not instantly respond to petition for comment.

Contact Katelyn Newberg astatine knewberg@reviewjournal.com oregon 702-383-0240. Follow @k_newberg connected Twitter.