The four individuals convicted of operating The Pirate Bay were all ordered to pay copyright holders millions in damages but to date none have paid a penny. Pirate Bay financier and former multi-millionaire Carl Lundström isn't running to Hollywood with a sack of cash either. "I have it good in Switzerland," the former millionaire says.

Following their convictions for copyright infringement, Pirate Bay co-founders Gottfrid Svartholm and Fredrik Neij, former site spokesman Peter Sunde, and site financier Carl Lundström owed considerable amounts in damages.

After the 2008 appeal which resulted in reduced jail time but increased financial penalties, collectively the quartet owed 46 million kronor ($5.4m) to the movie and record company plaintiffs in the case. That amount has been accruing interest since the original shutdown of The Pirate Bay in May 2006.

By February 2012 the total owed had reached 73 million kronor. Now, more than nine years after the now-infamous raid, it stands at 86 million kronor, or $10 million. Very soon the amount will be double the original damages award.

While all have now completed their custodial sentences (Svartholm technically has a few extra weeks), neither has paid back a single penny of the money owed. This hardly comes as a surprise. While Svartholm and Neij have been less vocal, on a number of occasions Peter Sunde has made it clear that the money will never be repaid.

Now, thanks to a visit to his home in Switzerland by Swedish newspaper Expressen, Carl Lundström has broken his silence. The former multi-millionaire lives with his family in the town of Wetzikon located a few miles outside Zurich and he told the publication he enjoys his life there.

“I have it good in Switzerland,” Lundström said.

One of the reasons why the 55-year-old has avoided paying his debts is that in 2012 he filed for personal bankruptcy. A year later he was declared bankrupt in Switzerland, despite allegations that the businessman had previously transferred all of his assets to his wife Bettina.

With the Motion Picture Association still keen to retrieve its cash, in 2013 the group admitted it was keeping a close eye on Lundström. But thus far it appears that effort is yet to bear fruit, with the Swede seemingly quite aware of his delicate situation.

Speaking on the doorstep of a several hundred square meter villa, Lundström – who made a small fortune in the 80s when the family crispbread business was sold for around 77 million kronor ($9m) – explained a little about his homing situation.

“It is my wife who rents two floors in this house. I’m just living here,” he explained.

And it appears that others around Lundström have also been make preparations to keep money away from copyright holders in the music and movie industries.

According to Expressen, Lundström’s mother Gwen Lundström recently passed away and in her Last Will and Testament she made it clear that any assets should transfer to her grandchildren. Additionally, specific clauses made it clear that any assets were not be used to pay legal debts.

Ultimately, however, Lundström refused to discuss his massive debts back in Sweden, smiling and answering a simple “No” when asked if he missed the country.

In a few months, the bailiffs will again start investigating Lundström to see if he has any assets but it seems unlikely anything will be found. Back in Sweden, movie studio Yellow Bird moved to have both Gottfrid Svartholm and Fredrik Neij declared bankrupt in 2012 and 2013 but there was little to nothing to take.

Whether copyright holders will ever get to see a penny of the millions owed is up for debate, but it’s safe to say that there is no appetite among the ‘Pirate Bay Four’ to run to Hollywood with bundles of cash.