A billionaire tech feud is heating up as Peter Barber, co-founder of Blackmagic Design, sues his old high school buddies Grant Petty and Douglas Clarke over a decade-long lockout from selling his 28% stake worth $98 million. The company, behind Hollywood blockbusters and blockbuster software, is now valued at $1.5B, but Barber hasn’t seen a dime since 2022 while the others cash in. With court proceedings looming and legal threats flying—including a potential demand for Barber to pay their fees if he loses—this isn’t just about money; it’s about control, legacy, and what happens when friendships fracture under billion-dollar stakes.
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