Halsey Minor, the CNET founder who accumulated a fortune in the tech industry, has filed for bankruptcy, the Los Angeles Times reported today. In the personal bankruptcy filing on May 24, Minor cited $50 million to $100 million in liabilities with 60 creditors, and assets of $10 million to $50 million. Among his listed creditors are the California Franchise Tax Board, the Internal Revenue Service, Bank of America, HSBC Bank and Sotheby's Inc., among others. Last year, Minor and his wife, Shannon, were listed as California's top income-tax delinquents, owing the state $10.5 million. Minor, who sold his stake in the news website CNET to CBS in 2008 for $1.7 billion, has been embroiled in several legal disputes in the last few years, including lawsuits with Sotheby's over his purchase of three expensive paintings.
