When Zappos founder Tony Hsieh died suddenly last year, he left a nearly billion-dollar estate but no will.
He also left many questions in downtown Las Vegas. That’s where Hsieh spent most of a decade and $350 million buying real estate.
His family has already indicated they want to sell more than 90 of his downtown properties.
That could include old Las Vegas city hall, which Hsieh purchased last year for $65 million. Zappos, headquartered there since 2013, leases the bulk of the building.
“In recent memory, there is nothing of this magnitude, particularly, that’s going to be public through the entire process, said Kendal Weisenmiller is an attorney and estate law expert, It is a significant estate. You will see a lot of parties appearing. There have already been news coverage of creditors, lawsuits, other things. There is going to be litigation to follow. It will be interesting to see what sells, what’s preserved and how the estate ultimately gets distributed.�