Much as hes done in business, Elon Musk appears to be blazing his own trail when it comes to buying and selling houses. Ex-Angels slugger Albert Pujols lists California mansion for $10 million "All the cabinets are handmade and they're like odd shapes, and there's like doors to nowhere and strange corridors and tunnels and odd paintings on the wall. In fact, it was rumored earlier this year that Musk bought the most expensive listing in all of Austin, for $39 million. There's room for 11 cars in a garage and carport. ", Musk responded, amused, "Yeah, definitely You got to have that dome that opens up with the stealth helicopter.". Zilis gave birth to the twins in November 2021. "Special" indeed. The third-richest person in the world currently lives in a tiny flat-pack home in Texas that cost under $60,000. ', He added: 'The house itself is beautiful but, you know, its like Wayne Manor without Alfred.'. Rumors suggest investors and . The companys new headquarters in Las Vegas will soon be producing the units en masse for shipment all over the United States. The world's most prominent real-estate investor reveals what he would do with $100,000 and it's something he thinks most people should be doing with their money, too. In recent months, .css-1qproo8{-webkit-text-decoration:underline;text-decoration:underline;text-decoration-thickness:0.0625rem;text-decoration-color:#40699f;text-underline-offset:0.25rem;color:inherit;-webkit-transition:all 0.3s ease-in-out;transition:all 0.3s ease-in-out;background-image:linear-gradient( to bottom, rgba(156,181,215,.2), rgba(156,181,215,.2));-webkit-background-position:0 100%;background-position:0 100%;background-repeat:repeat-x;-webkit-background-size:0 0;background-size:0 0;padding-top:0.05rem;padding-bottom:0.05rem;}.css-1qproo8:hover{color:#000000;text-decoration-color:border-link-body-hover;-webkit-background-size:0.625rem 3.125rem;background-size:0.625rem 3.125rem;}Elon Musk has claimed that the only home he lives in is a $50,000 pad in Texas, after selling the remainder of his vast real estate portfolio, including a $32 million estate in California that sold just last month. Privacy concerns, to the point where even if he has purchased a home, the listing agent might not even know if he was the buyer. The year before, he threw a 9,000-person rave at Tesla's Berlin factory. (Zillow; Associated Press), SELLER: Elon Musk BUYER: Jordan Walker-Pearlman, Elizabeth Hunter | LOCATION: Bel Air, Los Angeles, Calif. | PRICE: $7 million | Larry Ellison, pictured here, served as a director at Apple at a critical time for that company in the five years after Steve Jobs returned to the helm of the then struggling computer maker in 1997, helping oversee one the greatest turnarounds in corporate history, Ellison'sproperty on the Pacific Coast Highway overlooks a long stretch of sand on Carbon Beach, one of Ellison's two dozen properties on the coast, Ellison once defended Musk in an interview saying: 'You're telling me he's an idiot. So, why is Musk's home search so secretive? Movie memorabilia can collect some steep premiums, so when a mystery buyer shelled out close to $1 million for the Lotus-based . Real Estate | Let's band together to buy Elon a new couch to sleep on!'. Real Estate | . Vernon Unsworth sought $190m (145m) in . SIZE: 2,756 square feet, 5 bedrooms, 4.5 bathrooms plus guest cottage "The parties are generally very high production value," Musk said, noting he prides himself on the elaborate set design and live action performers at the parties. Earlier this year, the Tesla CEO held a "Cyber Rodeo"party to debut the carmaker's new factory in Texas. Its kinda awesome though. He told Rogan that he was thinking about designing his own home in this neighborhood. It's no surprise a man as wealthy as musk owns so many homes, real estate is one of the most lucritive things to invest in, so it only makes sense. In July 2015, Elon Musk paid $20 million for a 7,026-square-foot modern house on 3.41 acres that is not next door, but rather a couple of doors down from the $17 million mansion he bought (the one in the red oval). Musk is worth an estimated $36.1 billion, according to Forbes, so he could have bought the whole neighborhood if he felt like it. Musk never resided in the house but used it as a private school for his children and some children from Tesla and SpaceX's higher-level employees. By clicking Sign up, you agree to receive marketing emails from Insider Researchers have announced the discovery of 'magnificently preserved' shipwreck hundreds of feet below the surface of Michigan's Lake Huron Video footage shows the 191-foot Ironton - lost in September 1984 - sitting upright on the lake bottom - 'remarkably preserved' by the cold, fresh waterThe US cargo ship met an abrupt end after it collided with a grain hauler . Elon Musk Actually Lives in a Texas Mansion, Your Privacy Choices: Opt Out of Sale/Targeted Ads. Vines crawl up the back of the house in specifically plotted areas. Underwater Atomic Bomb test, 1946. The mansion was built in 1990 and has nearly floor-to-ceiling windows in the dining area. Now he's parting ways with what he says is his last remaining house. At the time of writing, Musk is still in the midst of a legal battle with Twitter after he pulled out of his $44 billion acquisition of the social media giant at the 11th hour. The occasional Twitter troll has said he plans to rent his next Los Angeles home, though records show his longtime girlfriend celebrity musician Grimes continues to own a snazzily renovated house in Pasadena, out in L.A.s San Gabriel Valley. Now records reveal he's unloaded a second house, the former Gene . Musk's Bel Air mansion was purchased by tech billionaire William Ding, according to the Wall Street Journal, for a whopping $29 million. ", He also tweeted that he was selling because of "freedom" and then went on to post some lyrics from "The Star-Spangled Banner.". We're out here watching this rocket land, which I think is really cool, and you're there in front of your Apple Macintosh, and typing up an article saying Elon's an idiot.'. Also included on the property is a lighted championship tennis court. The warm brown tone gives the space a cozy feel. Within its 20-by-20 footprint is a layout similar to that of a studio apartment, featuring a full size kitchen with a double sink, oven, dishwasher, large refrigerator, and Shaker cabinetry, a bathroom with a deep shower or tub and a sliding barn door, and a generously sized living room with 96-high ceilings. The mansion last sold for more than $12 million in 2018, breaking a record for Austin, but would now be worth several times that in the city's booming real estate market, experts say. Stay up to date with what you want to know. NOW WATCH: How Tesla CEO Elon Musk makes and spends his $19.2 billion. FILE: Elon Musk attends . During the Gatsby party, Musk said they were forced to turn the music off after the local police were called at least four times to shut the party down. Musk paid $6.4 million for this white Colonial home in a Bel Air cul-de-sac on Somera Road next to his other properties, 958 Somera Road, sold in December 2020 for $6,774,500. Perplexingly, it only has six bedrooms to match its 10 bathrooms, the Zillow listing says. In a Monday tweet, Musk announced the sale and called the Bay Area property a "special place" that he wants to sell to a large family. Come take a look at Musk's seven homes in California and find out why he decided to become the world's first billionaire renter. If anyone is looking to take out a traditional 30-year fixed mortgage, they'll be looking at a monthly payment of $144,220, which includes $19,250 in property taxes and $10,500 in home insurance fees, according to Zillow. 14h ago MoneyWise The homes Musk offloaded in California include a mansion on Chalon Road, which he sold for $29 million in June 2020; a home that once belonged to Willy Wonka actor Gene Wilder, which he sold for $7 million with the stipulation that it cannot be torn down or lose any [of] its soul; four Bel Air properties worth a combined $61.89 million; and a 47-acre compound in Hillsborough with a century-old mansion. A-hed; Elon Musk Says He Lives in a $50,000 House. Musk, the CEO of both Tesla and SpaceX, famously declared last year that he would 'own no house' and went on to sell off his nine California mansions for a total of $144 million. This home is a four-bedroom 3,943 square-foot two-story colonial. The world's second-richest man is living in a rented home that costs about $50,000. Buyers, Regulator Censures Credit Suisse For Greensill Blunders, Delta Pilots Ratify New Contract, Raise 'The Bar' For Rival Airlines, Canned Shrimp Product Sold In 4 States Recalled Over Possible Health Risk. Part of the Daily Mail, The Mail on Sunday & Metro Media Group, Do not sell or share my personal information. Musk and Warren's war of words began after the news broke that Musk was named Time Magazine's Person of the Year. Featuring: Elon Musk, Grimes, Azealia Banks, Jay Z & Jarrett Walker. Christenson was frequently named one of the best-dressed women in the world. All Rights Reserved. The 36-year-old has since told some of her colleagues that she was not involved romantically with Musk, 51. Musk issued the denial a day afterWall Street Journalreported thatfor the past year, he has been spending at least part of his time in a lavish $12million waterfront estate owned by his fellow PayPal alum and friend Ken Howery. According to Bloomberg, Musk's remaining property has seen a big price cut before finally landing a buyer. Musk tweeted that Wilder's old house "cannot be torn down or lose any of its soul" by the buyer. After the billionaire claimed he lived in a $50K rental, WSJ is reporting he's actually staying at a mansion owned by a fellow billionaire. Real Estate | Following a flurry of sales, Musk still has more than 3 million stock options that expire in August next year. By Sissi Cao 12/23/21 1:13pm Elon Musk and son X A-12 on stage TIME Person of the Year . After unloading all of his properties sans the one in the Bay Area, Musk moved to Austin in June, and touted his new Tiny House on social media, but neglected to post any photos of the paltry digs - supposedly situateda stone's throw from the company's bourgeoning new headquarters andSpaceX's Boca Chica launch site. This appears to have been updated, as it features a modern black marble pedestal sink. Advertisement Bank Earnings. Musk, the richest man in the world, initially bought the house in 2017 for about $23 million, according to the price history on Zillow. Devoting myself to Mars and Earth. The 48-year-old billionaire had listed the Bel Air property for $30 million early last month after pledging that he will own no house. The 16,000-square-foot mansion has six bedrooms, 11 baths, and is complete with a tennis court and a two-story library. Musk lived in this house with his sons, which he rented for two years before buying it. The homes are perched high in the hills of Los Angeles. If I sold it, the house would see less use, unless bought by a big family, which might happen some day.'. Copyright 2023 IBTimes LLC. There's no monster playground here. Somecriticssay Musk's plans resemble an interplanetary form of indentured servitude. This made him the 12th most wealthiest self-made tech billionaire in the entire world, and the 80th richest man in the world. He stayed at the house as my guest occasionally when traveling to Austin.'. Yes, Elon Musk owned the house of the late actor Gene Wilders, which he had purchased to "preserve the spirit of Gene Wilder". The ranch-style home includes a pool and guest cottage, and it overlooks the sand traps and stream of the Bel-Air Country Club Golf Course. In 2016, Tesla's Elon Musk was stuck there one day when he conjured up the idea to "start digging" the 16 or so miles from his Bel Air mansion to the headquarters of his rocket company . 'This assumes completion of the 10b sale,' he tweeted, referring to his prearranged sales plan related to his options. When it arrives on site, a crane unfolds the walls and roof, and within 90 minutes, you have a complete residence ready to live in. But there was a catch. The South African's home frugality is nothing new. The Prestigious school where Princes William and Harry were educated is EPHRAIM HARDCASTLE: Prince William's potentially awkward visit to homelessness charity. Scientist Says He's Invented a Cure for Hiccups,Thanks to a Texan scientist, tere appears to finally be a medically-backed cure for hiccups and yes, there is a purchase required. ', Their friendship was solidified in December 2020 when Musk tweeted that he went to the Hawaiian island that Ellison owns to 'seek advice. It also includes five garages, a full-size tennis court, a large private gym with access to the outdoor area, a gorgeous heated pool with a deck area, and also a private spa. This became Musk's main home, overlooking the Bel-Air Country Club (and across the . Elon Musk said his San Francisco mansion was the "creepiest" house he's ever lived in. It has nice crown molding around the ceilings. Tesla employed nearly 100,000 people around the world as of the end of 2021. Musk doesn't like moats. Musk likely owes the federal government at least $8.3 billion for 2021, according to an estimate by Forbes. Under the Rule 10b5-1 trading plan set up in September, he has exercised stock options that expire next year and sold a portion of the stocks to pay taxes, according to Tesla filings. The comments below have not been moderated. It's difficult to quantify what "soul" means, but Musk clearly thinks this property is worth preserving. After the purchase was made, Musk converted the Wilder residence to a private school where, along with the children of some of his friends and associates, his twins and younger triplets are provided a non-traditional education. He has said that he is renting the home for about $50,000. Musk's San Francisco residence was the final home he sold last year after he vowed to sell all of his belongings to fund a colony on Mars. Kraken Robotics Inc. pushes boundaries in underwater exploration with advanced imaging solutions. Really? FOX Organization' Charlie Gasparino provides updates on Tesla and Archegos. SIZE: 2,756 square feet, 5 bedrooms, 4.5 bathrooms plus guest cottage He shared his one condition on selling the gorgeous property: 'Just one stipulation on sale: I own Gene Wilder's old house. The kitchen features aqua-green tiling and a long, marble-topped kitchen table with a built-in crevice that can be used for candles. ', Following a 2018 interview with CBS News, where Musk said that he regularly slept on the floor of his Tesla office, a GoFundMe page sprang up titled: 'Buy Elon Musk a Couch. Situated on the hilltop 1.66-acre plot in Los Angeles' Bel Air enclave, Musk had been renting this mansion for three years. Christian III had a son, Christian IV, who inherited the estate when he died. For a man as busy as Musk, it's nice to see he can kick back and relax in a number of beautiful homes (when he's not sleeping on a couch in the Tesla factory that is). Published: 16:49 GMT, 23 December 2021 | Updated: 18:42 GMT, 23 December 2021. Though Musk has not confirmed the name of the company that made his home, a Boxabl unit appears to be visible on the site on Google Earth. Various walls throughout the home have been hand-painted and are likely original to the house. Now Musk is reportedly on the cusp of parting with the last piece of property in his portfolio: A San Francisco-area mansion that was last listed for $32 million. Musk, the richest man in the world, initially bought . The property features a pool, tennis court, and gorgeous landscaping. I am not sure how many people know, but I'm very close friends with Elon Musk, and I'm a big investor in Tesla. SpaceX founder and Tesla CEO Elon Musk has sold a sprawling Los Angeles mansion for $29 million making an initial step toward a pledge to rid himself of his earthly possessions. The house sits on 0.78 acres and is directly across from Musk's main home. According to records obtained by the WSJ, Space Exploration Technologies Corp. owns this property. Possession just weigh you down., The newly-sold Bel-Air home is across the street from another property Musk is trying to flip a2,700 square foot ranch-style spread that used to belong to actor Gene Wilder which he listed for $9.5 million with the condition that it cannot be torn down or lose any (of) its soul.. Elon Musk, chairman of SolarCity and CEO of Tesla Motors, speaks at SolarCity's Inside Energy Summit in Manhattan, New York, Oct. 2, 2015. Mayfair Mansion in Receivership Sells for More Than 50 Million. Let's take a tour: Elon Musk has made the 17-million-worth mansion his main residency ever since he bought in late 2012, early January 2013 (the one in the biggest circle on the right). When the house last sold, it was the second-priciest single-family home deal in Brevard County history. Musk pictured with sonX A-12 outside one of Larry Ellison's homes in Malibu, X A-12 was born to Musk and Grimes in May 2020, In March 2022, Grimes said in an interview that Musk sawX A-12 as his 'protege', Musk told TED's Chris Anderson in April: 'I dont even own a place right now, Im literally staying at friends places. Architects Walter Danforth Bliss and William Baker Faville, otherwise known as Bliss & Faville, the architects who built the St. Francis Hotel and the Richmond Library, designed this home. He went on to explain to Rogan that it shouldn't be a bad word because, essentially, if someone can make a company that can make a bunch of money better than the competition, that's not a bad thing. Sitting across from the gold course, the home has six bedrooms and eleven bathrooms. Source- Variety, Sotheby's International Realty. We are no longer accepting comments on this article. Teslarati reported that the model Musk is renting is a mass-produced 20-foot-by-20-foot 'foldable prefabricated home,' named the Boxabl Casita. For the past year, Musk has been spending at least part of his time in this lavish waterfront estate owned by his fellow PayPal alum Ken Howery, according to the Wall Street Journal. 'You remind me of when I was a kid and my friend's angry Mom would just randomly yell at everyone for no reason,' Musk continued. Elon Musk took the top spot. 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