Netflix founder saddled with $76M in EB-5 debt at North America’s biggest ski resort: lawsuit

July 17, 2025

Netflix founder Reed Hastings may need to dig himself out of a $75.9 million crevasse at North America’s biggest ski resort. The streaming giant’s former CEO is wrangling with a group of EB-5 investors who say he’s on the hook for unpaid debt tied to Utah’s Powder Mountain, according to a lawsuit filed in Manhattan Supreme Court in April. yahoo! finance