There's no monster playground here. Though the property has been updated since Wilder owned the place the late Willy Wonka actor sold it in 2007 it retains much of the original designs spirit. Musk's newborn son, which he named X A-12 (pronounced "X Ash A Twelve") will soon have to occupy a crib in another multimillion-dollar rental. Musk's home gym is surely much, much nicer than this. Musk is worth an estimated $36.1 billion, according to Forbes, so he could have bought the whole neighborhood if he felt like it. The world's second-richest man is living in a rented home that costs about $50,000. A-hed; Elon Musk Says He Lives in a $50,000 House. While we may never know exactly where Elon Musk livescelebrities are often very secretive about their real estate transactions, after allit surely doesn't seem like his $50,000 home is his sole residence. Charles Elson, director of the corporate governance center at the University of Delaware, questioned adding a friend of Musks and another director with no experience at an industrial company like Tesla. Why should I believe you, as opposed to my friend Elon? He told TED's Chris Anderson in April: 'I dont even own a place right now, Im literally staying at friends places. a 375-square-foot 'Tiny House' close to SpaceX's HQ outside the Texan city. The homes are perched high in the hills of Los Angeles. '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. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. Included on this property is a fruit orchard. Much as hes done in business, Elon Musk appears to be blazing his own trail when it comes to buying and selling houses. "Special" indeed. Combined, Musk and Ellison have a net worth of over $350 billion. This modern mansion is much larger than the previous two. Elon Musk last month said his primary home is a $50,000 house in Boca Chica, Texas, that he rents from his . "It is the creepiest house I've ever lived in," Musk said, referencing instances where he heard "strange sounds" and doors appeared to open and closed of their own accord. This stunning Elon Musk's house was located a little away from his mansion for $6.75 million in October 2013. View gallery. 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.'. Google co-founder Larry Page was quoted in Ashley Vance's book: 'Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future' as saying of Musk: 'He's kind of homeless, which I think is sort of funny. 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. Advertisement Bank Earnings. The original listing of the house also includes a master suite with an encompassed lounge area. A mansion inside . ', Their friendship was solidified in December 2020 when Musk tweeted that he went to the Hawaiian island that Ellison owns to 'seek advice. as well as other partner offers and accept our. the first of which was a 13.4million mansion that included a home cinema, two-storey library, and a thousand-bottle wine . In May, the billionaire Tesla and SpaceX CEO tweeted that he would be "selling almost all physical possessions. He said: 'For sure, it would be very problematic if I was spending billions of dollars a year in personal consumption, but that is not the case, Musk,X A-12 and an unidentified man pictured outside of Ellison's home. A portion of Elon Musks wealth seems to be invested in real estate as the Tesla (TSLA) and SpaceX CEO has reportedly spent about $100 million on a series of homes in California since 2012. NOW WATCH: How Tesla CEO Elon Musk makes and spends his $19.2 billion. Musk's Bel Air mansion was purchased by tech billionaire William Ding, according to the Wall Street Journal, for a whopping $29 million. The next day, Tesla shares surged by seven percent, amid accusations from onlookers and traders alike that the mogul is using his star power to manipulate the market. Howery did tell the WSJ that Elon does not live at my home, he lives in South Texas. Musks Casita, which has reportedly received an upgrade package putting its total cost a few thousand dollars over the list price of $49,500, is set to be the first of many produced by Boxabl. I mean, the one exception is the plane, but if I don't use the plane then I have less hours to work.'. It is not clear whether Musk compensated Howery for his alleged use of the mansion. Movie memorabilia can collect some steep premiums, so when a mystery buyer shelled out close to $1 million for the Lotus-based . Granted, he wasn't talking aboutphysical moats, but still. 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's kitchen is impressive, with a large center island featuring wood paneling and a built-in open cabinet. The property includes close to two acres of lush grass and multiple types of trees. 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. Elon Musk is a successful businessman, so it's no surprise he owns multiple multi-million dollar mansions. 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. Wilder's house listed for $8 million in 2012, and Musk purchased it about a year later for $6.75 million. Musk picked up this house for $20 million in 2015, around the exact same time he picked up that smaller ranch. 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. Another huge benefit of this model is affordability. The 10 most expensive reported home sales in Hayward the week of Feb. 20, Winds shred tarp, leave historic San Jose building exposed to elements, Alameda County supervisors allow eviction moratorium to remain until end of April, Exactly what I needed: Los Gatos teachers move into affordable units. Published: 16:49 GMT, 23 December 2021 | Updated: 18:42 GMT, 23 December 2021. 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. 'My primary home is literally a ~50k house in Boca Chica/Starbase that I rent from SpaceX,' he wrote in a June tweet. Records say this four-bedroom, 3,000-square-foot ranch sold for $4.3 million in 2015. 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. The billionaire pocketed about $130 million after selling his expansive real estate portfolio. Musk's personal wealth skyrocketed an extra $10.6 . Musk, the richest man in the world, initially bought the house in 2017 for about $23 million, according to the price history on Zillow. 'Stoopers' track down artist after saving his works from t O.J. Further Reading Elon Musk Says He Lives in a $50,000 House. 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. Elon Musk took the top spot. After Christian II died in 1927, Christian III inherited the home and married Eleanor Christenson, an extremely wealthy woman. He Doesnt Talk About the Austin Mansion. This house has a spectacular views that sweep over Los Angeles and it is in close proximity to the four other Bel Air properties Musk already owned. Pac-12 media rights: Our (final) predictions for the revenue, media partners, expansion decisions and more, Denver gang member gave 14-year-old permission to open fire on woman with AR-15 after fender-bender, DA alleges, In 4 years, Lori Lightfoot went from breakout political star to divisive mayor of a Chicago beset by pandemic and crime, Florida lawmakers to consider expansion of so-called dont say gay law, Drone crashes at Disneyland after hovering over visitors heads See video, Rapper Travis Scott wanted for assaulting Manhattan club sound engineer, destroying $12K in equipment, Do Not Sell/Share My Personal Information. Photos: California home of late Mannix star Mike Connors lists for $5.5 million Sign up for notifications from Insider! The California home featured four bedrooms and three and a half baths. During the podcast, Musk admitted it's been at least three years since he thrown a private party, in large part due to the pandemic. "You can only do so many things. Wife is shocked after husband of 15 years asks for permission to have an affair: 'I don't know what to do', My Daily Horoscope: What does March 2nd hold for MY star sign? He said: 'For sure, it would be very problematic if I was spending billions of dollars a year in personal consumption, but that is not the case. While this house is awesome, it isn't actually Musk's dream house. Out of the 13.8 million shares sold by the colorful CEO, 8.4 million were sold to pay taxes related to his options exercise, Tesla's securities filings reveal. ', Ellison continued: 'You're telling me he's an idiot. It features five bedrooms, five bathrooms, and a luxurious pool in the backyard. In October 2020, Elon Musk reportedly sold his Gene Wilder Bel-Air Mansion for $7 million. If I sold it, the house would see less use, unless bought by a big family, which might happen some day.'. So why would Musk decide to just offload all of his houses? According to records obtained by the WSJ, Space Exploration Technologies Corp. owns this property. He made his fortune through the sale of startups MicroSolutions and Broadcast.com in the 1990s, and later became known as the zealous owner of the NBA's Dallas Mavericks.Cuban has also invested in film production and has appeared on such TV series as Dancing with the Stars and Shark Tank. 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. Two of Elon Musk's Los Angeles mansions appear to be up for sale on property website Zillow for $30 million and $9.5 million. The buyer is an LLC tied to Chinese tech billionaire named William Ding, who founded Net Ease, the Wall Street Journal reported on Friday (paywall). Musk has vowed to get rid of his homes and belongings in order to devote his life to Mars and Earth. Dont need the cash, the eccentric billionaire tweeted in May. 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