Here are properties Musk has sold in the past year to divest himself of all his prized residential real estate: 891 Crystal Springs Rd in Hillsborough, California, sold in December 2021 for $30 million. Now he's parting ways with what he says is his last remaining house. The house has certainly changed decor since Musk lived here with his five young sons, Griffin, Xavier, Kai, Saxon and Damian. Musk said: 'It was actually, in retrospect, kind of good because you end up rotating through friends houses and you catch up with them and stay in contact, whereas these days, I have been staying in this strange Gatsby-like house, what I call the haunted mansion, and its a bit bleak, to be totally frank. It was the most expensive property on the market in Austin at the time. Musk tweeted that Wilder's old house "cannot be torn down or lose any of its soul" by the buyer. Movie memorabilia can collect some steep premiums, so when a mystery buyer shelled out close to $1 million for the Lotus-based . 'This assumes completion of the 10b sale,' he tweeted, referring to his prearranged sales plan related to his options. 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. ', It goes on: 'This is the couch he is sleeping on As a community, we cannot let this stand. Part of the Daily Mail, The Mail on Sunday & Metro Media Group, secretly living in a $12 million mansion in Austin after allegedly decamping from. The third-richest person in the world currently lives in a tiny flat-pack home in Texas that cost under $60,000. Article continues below advertisement. Sign up for notifications from Insider! One such home is jewelry designer Kendra Scott's custom mansion. According to records obtained by the WSJ, Space Exploration Technologies Corp. owns this property. Four months ago, Musk sold his largest Bel Air mansion to Chinese billionaire "William" Ding Lei for $29 million in cash. The property includes close to two acres of lush grass and multiple types of trees. However, the Wall Street Journal has recently taken issue with this portrayal, alleging that Musk often stays in a sprawling Texas mansion that belongs to fellow billionaire Ken Howeryand that he's also in search of his own luxe pad in Austin. The world's second-richest man is living in a rented home that costs about $50,000. Christian IV, when he was 76, put the home on the market for $100 million in 2013. Tesla CEO Elon Musk is recruiting for Giga Texas, which has more than 10,000 openings. He told TED's Chris Anderson in April: 'I dont even own a place right now, Im literally staying at friends places. 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 . Musk's kitchen is impressive, with a large center island featuring wood paneling and a built-in open cabinet. 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. The world's richest man was pictured clutching his son,X A-12, while wearing a black Tesla t-shirt reading 'Autopilot,' black pants and black sneakers. 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. Why should I believe you, as opposed to my friend Elon? 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. Related Articles Mayfair Mansion in Receivership Sells for More Than 50 Million. 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 went on: 'It's not as though my personal consumption is high. Oscar Cainer tells all. Musk's personal wealth skyrocketed an extra $10.6 . Shares of Tesla stock were up 2.37% as of 11:15 a.m. EST on Friday. Earlier this year, the Tesla CEO held a "Cyber Rodeo"party to debut the carmaker's new factory in Texas. The stunning San Francisco mansion sold for $30million (22.7million). We are no longer accepting comments on this article. Billionaire engineer and entrepreneur Elon Musk is the king of three empires in three different industries: Tesla, SolarCity,and SpaceX. He has said that he is renting the home for about $50,000. For Musk, getting rid of pricey real estate and Earthly possessions is all part of a grand plan for humanity to eventually colonize Mars, he told Insider in December. Yes, Elon Musk owned the house of the late actor Gene Wilders, which he had purchased to "preserve the spirit of Gene Wilder". (Zillow). . Real Estate | Musk is worth an estimated $36.1 billion, according to Forbes, so he could have bought the whole neighborhood if he felt like it. Conspiracy of silence': British spy chiefs face calls to release intelligence on Covid origins after FBI Elon Musk Says He Lives in a $50,000 House. Another huge benefit of this model is affordability. There's also a ballroom, banquet room, and a professional kitchen all fancy things you'd expect from a home that's asking $37.5 million. The property is a brand spanking new ultra-contemporary spect-built mansion located on a high ridge above Bel-Air (the one in the circle, pictured below). After listing all six of his Bel Air estates earlier this year to much fanfare, the Tesla and SpaceX tycoon is proving the naysayers wrong, slowly but surely unloading each of the properties. Another of Musk's properties is actor Gene Wilder's former estate in Bel Air, where he lived until 2013 (Wilder passed away in 2016 at his main home in Stamford, Connecticut). So why would Musk decide to just offload all of his houses? The house was built in 1951. By clicking Sign up, you agree to receive marketing emails from Insider This June, rumors spread that Musk lives in a prefabricated tiny house, with a modest rent of a few hundred dollars a month. According to the Wall Street Journal, six of the properties are located in close proximity to each other in the Bel-Air community of Los Angeles while the seventh is located close to Teslas corporate headquarters in Northern California. Perplexingly, it only has six bedrooms to match its 10 bathrooms, the Zillow listing says. The comments below have not been moderated. The home belonged to the de Guigne family for 100 years, with much of the charm left behind by Christenson. The home features a long black-and-white checkered hallway/gallery, with a row of floor-to-ceiling French doors with ornamental windows. Musk also put his century-old San Francisco-area mansion with unobstructed bay views on the market last month with an asking price of $35 million. 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. He reasoned that if he bought them up, he could then start building a house, which he never did. It also has a series of sprung servant bells. The mogul also dedicated a room for entertainment purposes. Kraken Robotics Inc. pushes boundaries in underwater exploration with advanced imaging solutions. This 20,248-square-foot home is divided into different wings. The pool has a built-in spa and a water feature at the back wall. Various walls throughout the home have been hand-painted and are likely original to the 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. Elon Musk, chairman of SolarCity and CEO of Tesla Motors, speaks at SolarCity's Inside Energy Summit in Manhattan, New York, Oct. 2, 2015. The Bel Air lot spans .78-acre and features a roughly 2,800-square-foot, shingle-sided ranch house originally built in 1951. A December 2019 Wall Street Journal feature detailed the nine homes that Musk owns or owned in the Bel-Air section of Los Angeles. He described it as being "right across the road" from Gene Wilder's former house, which Musk also purchased (and we will be looking at later). The event featured a drone display, flashing blow-up cacti, and a Tesla hanging from the ceiling. Musk likely owes the federal government at least $8.3 billion for 2021, according to an estimate by Forbes. Tesla's $310 Billion Surge Sets High Bar for Elon Musk's Master Plan. Musk also sold this Somera Road house for $4.4 million. There's a bridge on the property's driveway, but no moat. Musk said that despite his hectic schedule, he tries to work out twice a week. Ultimately, though, Musk decided not to build his dream house. 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. In December 2018, Ellison, the founder of Oracle, was appointed to the board of Tesla. Photos: California home of late Mannix star Mike Connors lists for $5.5 million 'I sold enough stock to get to around 10% plus the option exercise stuff and I tried to be extremely literal here,' he told conservative satirical website Babylon Bee in an interview Tuesday. The company's homes are tiny but stylish, set up like a studio apartment with an open plan living area, kitchen and bedroom, with an adjacent bathroom. 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. a stone's throw from the company's bourgeoning new headquarters and. Musk picked up this house for $20 million in 2015, around the exact same time he picked up that smaller ranch. Other homes in the Musk collection reportedly include a $20 million six-bedroom house with eight bathrooms, a $4.9 million with four-bedrooms, a $27.3 million six-bedroom home made up of geometric shapes, and most recently a $4.2 million colonial house. A storage cabinet separates the living area from the open bedroom. Photos: Elon Musk sells the Gene Wilder House, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to email a link to a friend (Opens in new window), Click to share on Reddit (Opens in new window), Alameda County DAs new policy will reduce prison sentences through widespread elimination of sentencing enhancements, Photos: Elon Musk sells the Gene Wilder House to Wilders nephew, Photos: California home of late Mannix star Mike Connors lists for $5.5 million, Frank Lloyd Wrights only oceanfront home sells for $22 million in Carmel, Photos: Modest 1,300-square-foot San Jose home sells for $2 million despite Bay Areas falling home prices, Photos: An upscale Flintstone House? Needless to say, Musks announcement has generated a lot of interest in this 400-square-foot abode. The house, which Musk sold in December for an estimated $30 million, is 16,000 square feet and has seven bedrooms, 9.5 bathrooms, and a pool. The $12-million-dollar mansion features about 8,000 square feet of interior space, a waterfront pool, a jacuzzi and a private boat dock in a gated community with a guardhouse, per Forbes. Read more: 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. Why should I believe you, as opposed to my friend Elon? Tesla employed nearly 100,000 people around the world as of the end of 2021. Musk himself never actually occupied the Wilder estate as his own home; rather, the property was used as an ultra-exclusive private school codenamed AdAstra for his children and the children of a select group of top SpaceX and Tesla employees. The year before, he threw a 9,000-person rave at Tesla's Berlin factory. Again, these interior shots are older photos. Musk's Bel Air mansion was purchased by tech billionaire William Ding, according to the Wall Street Journal, for a whopping $29 million. He stayed at the house as my guest occasionally when traveling to Austin.. It also has guest quarters as well. "If your only defense against invading armies is a moat, you will not last long, Musk said during an earnings call in 2018. Introducing Trapped in Elon's Mansion. the first of which was a 13.4million mansion that included a home cinema, two-storey library, and a thousand-bottle wine . July 10, 2018; MAE SAI, Thailand As the world watched rescuers struggle to save 12 boys and their soccer coach trapped in a cave . Even if it was a really great house, it's still not a good use of time relative to developing the rockets necessary to get us to Mars and helping solve sustainable energy," explained Musk. ', Ellison continued: 'You're telling me he's an idiot. Musk bought the house in 2017 for just over $23 million from Christian de Guigne IV. He wrote: 'My primary home is literally a ~$50k house in Boca Chica / Starbase that I rent from SpaceX. Leer en Espaol. Since, Musk has said he lives in a "very small" 3-bedroom house in South Texas that is valued at about $45,000. The SpaceX founder told Mathias Dpfner, the CEO of Insider's parent company, Axel Springer, that he wants to have as much capital available as possible for a mission to the red planet. But recently, a new rumor hit the net: that Elon Musk lives in an Austin mansion owned by Ken Howery, a controversial entrepreneur and Trump associate who co-founded PayPal with Musk. In the past month he has been exercising those options, as well as selling off stock at a furious pace. He stayed at the house as my guest occasionally when traveling to Austin.'. Now that he's selling all of his homes, Musk may rent for the rest of his life. Dear Abby: My wife said she doesn't like it, but it's part of my life, Harriette Cole: I don't want the neighbor's kids at my house, Ask Amy: I feel guilty for not speaking up about my co-worker's activities, Ask Amy: I'm your cabin housekeeper, and you apparently have no idea what I do. Nestled in a cul-de-sac, the Bel Air house has four bedrooms and two and a half bathrooms. After renting a white stucco Colonial mansion for three years, the Elon Musk Revocable Trust bought it in 2012. Cameron spent 21 days filming actual Titanic wreckage underwater and would need the . 'Please don't call the manager on me, Senator Karen.'. Initially listed for a whopping $37,500,000, the sprawling home finally sold in December 2021 for $30 million after undergoing a 15% price cut which brought the asking price down a peg, to $31.99 million. Following a flurry of sales, Musk still has more than 3 million stock options that expire in August next year. Musk's assertion Wednesday that he is not bunking with his longtime friend came after the billionaire businessman declared that he is 'almost done' with stock sales, after posing a much publicized poll on Twitter in November, asking followers if he should shill 10 percent of his $250 billion stake in the company he founded to pay President Joe Biden's proposed 'billionaire's tax' - a controversial new tax that would affect approximately 700 of America's wealthiest citizens. On Tuesday, Musk sold 934,091 shares, bringing the total number of shares sold 13.8 million - shy of the 17 million or so shares he was expected to sell. "It's amazing. The only look into one of the home's nine full bathrooms. Feb 27, 2023 (The Expresswire) -- "Final Report will add the analysis of the impact of COVID-19 on this industry." The "Underwater Pelletizing Systems. The Tesla and SpaceX mogul has in the past said he does not own the mega mansion you'd expect . The report did not indicate which home is Musks primary residence. Other homes in the Musk collection reportedly include a $20 million six-bedroom house with eight bathrooms, a $4.9 million with four-bedrooms, a $27.3 million six-bedroom home made up of geometric . The billionaire CEO previously announced that he had systematically sold offmost his assets including several California properties amounting to more than $100 million - as well as$15 billion worth of Tesla stock - and moved into the unassuming, $50k property in June. Musk, the richest man in the world, initially bought the house in 2017 for about $23 million, according to the price history on Zillow. All that Tesla work must have dragged him away from his dream. "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. Elon Musk did not defame a British caver who helped in last year's rescue of trapped Thai schoolboys by calling him a "pedo guy", a US jury has found. 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. (Zillow; Associated Press), SELLER: Elon Musk BUYER: Jordan Walker-Pearlman, Elizabeth Hunter | LOCATION: Bel Air, Los Angeles, Calif. | PRICE: $7 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. The house, which Musk sold in December for an estimated $30 million, is 16,000 square feet and has seven bedrooms, 9.5 bathrooms, and a pool. The Tesla CEO, 48, who made the bulk of his fortune after co-fo 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. Somecriticssay Musk's plans resemble an interplanetary form of indentured servitude. He is a dreamer, a risk taker who dedicated his life to prove people are wrong for not believing in his visions. Joshua Tree multi-dome getaway lists for $2 million-plus Elon Musk has been criticised by the Auschwitz-Birkenau museum for comparing the Canadian prime minister, Justin Trudeau, to Adolf Hitler. In October 2017, the SolarCity CEO unveiled hidden solar panel roof technology. In October 2013, Musk paid $6.75 million for the 2,756-square-foot for a ranch-style residence directly across the street from the mansion he previously bought (the one in the lime green circle on the map). It's a new build, with 9,309 square feet, six bedrooms and seven bathrooms. According to Bloomberg, Musk's remaining property has seen a big price cut before finally landing a buyer. 14h ago MoneyWise The listing of the European-style residence for $37.5 . 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. All rights reserved. Musk picked this up for $24.25 million in September 2016. Boxabl has not confirmed whether Musk is living in one of its homes but in November announced it had built a Casita for a 'high-profile' and 'top secret' customer in Boca Chica. These photos are from the home's old listing photos. Healthy mother-of-two, 32, collapsed and died from brain bleed while she led fitness bounce class. In July, Musk took to Twitter to share that he lives in a $50k house." I just want to know who you are. Elon Musk says he's selling his last remaining house. He Doesnt Talk About the Austin Mansion. If I travel to the Bay Area, which is where most of Teslas engineering is, I basically rotate through friends spare bedrooms', In the same interview, Musk said that he doesn't even take vacations. Elon Musk's personal wealth is now $222 billion, widening his gap as the richest person in the world according to Bloomberg's Billionaires Index. Get Morning Report and other email newsletters, SELLER: Elon Musk BUYER: Jordan Walker-Pearlman, Elizabeth Hunter | LOCATION: Bel Air, Los Angeles, Calif. | PRICE: $7 million | This house was rumored to serve the unconventional divorce arrangement with Musk's ex-wife, Miz Riley. Beloved actor Gene Wilder lived there for over 30 years until 2007. Musk is currently the owner of 5 multi-million dollar mansion in Bel-Air. Can I come over?' ', Musk said he only lived in one of the properties in the area, and purchased the others as privacy buffers, 10947 Chalon Road, sold for $20,948,500 in December. The 48-year . 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. Elon Musk is set to host the first Tesla Investor Day Wednesday at the Texas Gigafactory to reveal 'Master Plan 3' that he says will quiet doubters of his business.. We're sure that technology will be visible on all his homes sometime soon. Despite the red hot real estate market, Elon Musk has taken his $37.5 million, San Francisco Bay-area mansion off the market. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. 'My primary home is literally a ~$50k house in Boca Chica / Starbase that I rent from SpaceX. When the house last sold, it was the second-priciest single-family home deal in Brevard County history. 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. He stayed at the house as my guest occasionally when traveling to Austin', Musk, one of the world's richest men, had reportedly been living in a tiny prefab house by the company Boxabl on the SpaceX site in Texas, according to reports (Pictured: A Boxabl Casita similar to the one Musk is said to be renting), Warren tweeted last Monday: 'Let's change the rigged tax code so The Person of the Year will actually pay taxes and stop freeloading off everyone else.'. According to Bloomberg, Musk's five newly listed properties include four homes in Los Angelesone modern mansion and three adjacent homes on a nearby cul-de-sac for a joint asking price of $62 . Miss Manners: I shouldn't call because the phone scares people? Sign up and stay up to date with our daily newsletter. 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. It has nice crown molding around the ceilings. However, Michelle Turnquist, who represented the home's seller, Jonny Jones, told the WSJ, Ive had five people tell me, You know, Elon bought your listing, [but] I tell them that if Elon bought my listing, I wouldnt know.. BILLIONAIRE Elon Musk has finally sold the last home he owns as he raises fund to build a colony on Mars. Stay up to date with our daily newsletter, Elon Musks Girlfriend Grimes May Be Cybergirl From The Tesla Cybertruck Launch, Mexican Mayor Orders 15 Cybertrucks, Asks Elon Musk For A Discount, Revolut Auditor Flags Concern About $576 Million Of Revenue In Long-delayed 2021 Accounts, VinFast Slashes Lease Prices For First U.S. Believing in his visions and died from brain bleed while she led fitness bounce class Musk may for. Such home is literally a ~ $ 50k house. renting the home belonged to the de Guigne IV can. The past said elon musk underwater mansion does not own the mega mansion you & # x27 ; s personal wealth an. Hectic schedule, he could then start building a house, which he never did twice! Says is his last remaining house. 10b sale, ' he tweeted, referring to his sales... $ 310 billion Surge Sets high Bar for Elon Musk says he 's parting ways with what says. 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