ROBERT BRAZELL

Net Worth : US$-12.7 Million (FY 2008)

Robert V. Brazell is the Chairman, Chief Executive Officer and Managing Partner of Talos Partners. He was the founder and founding board member of Overstock.com and also served as the company’s president and chief executive officer. Since 1999, when Byrne took control and relaunched the company as Overstock the company has never achieved an annual profit, losing $240 million.

Byrne projected in May 2008 that Overstock would be profitable in the fourth quarter of 2008, and would achieve a $10 million profit. In February 2007, Overstock.com launched a $3.5 billion lawsuit against Morgan Stanley, Goldman Sachs and other large Wall Street firms, alleging a “massive illegal stock market manipulation scheme” involving naked short selling. Among its allegations, Overstock stated that since at least January 2005, naked short selling has accounted for large portions of Overstock stock, in some cases exceeding the 23.4 million total shares outstanding.

Robert V. Brazell is the Chairman, Chief Executive Officer and Managing Partner of Talos Partners. Brazell has raised and invested more than $200 million in the past ten years. He is the co-author of “The Idea Economy” and has authored a second book due for release in the fall of 2009.