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April 02, 2023
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a 375-square-foot 'Tiny House' close to SpaceX's HQ outside the Texan city. It is not clear whether Musk compensated Howery for his alleged use of the mansion. All rights reserved. The 1916 mansion sits on 47 acres, complete with a pool, hiking trails, canyons, and a reservoir, according to the Zillow listing. And lest you think a trip to Mars is too expensive for most people, Musk has said he intends for there to be "loans available for those who don't have money" and jobs on the red planet for colonists to pay off their debts. ', He went on to criticize those who write stories that are critical of Musk saying: 'I loved all the articles about how Elon doesnt know what he is doing, the pictures of him smoking dope. 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. Still, the Casita costs significantly less than the average manufactured home, and, in fact, less than a Tesla. He Doesnt Talk About the Austin Mansion. These bells were wired throughout the house, allowing for a room occupant to ring for the help when needed. It also has guest quarters as well. The 16,000-square-foot mansion sits on 47 acres and has a pool, hiking trails, and space for 11 cars. Tech titan and space entrepreneur Elon Musk has found a buyer for his last remaining residential property, a historic California estate listed for nearly $32 million. 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. 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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 pool has a built-in spa and a water feature at the back wall. The Tesla and SpaceX CEO has sold . His Bay Area estate hit the market this week for $37.5 million. ', He added: 'The house itself is beautiful but, you know, its like Wayne Manor without Alfred.'. Elon Musk Actually Lives in a Texas Mansion, Your Privacy Choices: Opt Out of Sale/Targeted Ads. Elon Musk | House Tour 2020 | 7 Multi Million Dollar MansionsSUBSCRIBE: https://bit.ly/2Cgqr0lLike and Subscribe if you enjoyed the video!Elon Musk is workin. 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). They say, 'Hey, billionaire, you've got all this stuff.' Boxabls founders aim to help significantly lower the cost of homeownership for all, though of course, you still need land and utility hookups. Elon Musk is the CEO and product designer of Tesla Motors and the CEO/CTO of Area Exploration Technologies (Space, X). Elon Musk is a successful businessman, so it's no surprise he owns multiple multi-million dollar mansions. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. Elon Musk has decided that his many million-dollar houses are no longer necessary. The 48-year . The stunning San Francisco mansion sold for $30million (22.7million). Now that he's selling all of his homes, Musk may rent for the rest of his life. 'I sold enough stock to get to around 10% plus the option exercise stuff and I tried to be extremely literal here,' he said in an interview on Tuesday with conservative satirical website Babylon Bee. Secretly, though, according to The Journal, Musk has been spending much of his time in Howery's mansion - alavish, 8,000-square-foot property that sits on the Colorado River in a gated neighborhood. The California home featured four bedrooms and three and a half baths. Shares of Tesla stock were up 2.37% as of 11:15 a.m. EST on Friday. 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. Nestled in a cul-de-sac, the Bel Air house has four bedrooms and two and a half bathrooms. If accurate, this would be one of the first homes Elon purchased in the area after his main house, indicating that he had dreams to build his dream home for five years. It's a new build, with 9,309 square feet, six bedrooms and seven bathrooms. 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 . However, Musk reportedly did not show to several home tour appointments for this particular property. The master bathroom is decked out in marble, from the floors to the bathtub and countertops. 14h ago MoneyWise Copyright 2023 IBTimes LLC. The seven properties differ vastly as one is a $22.3 million colonial mansion complete with tennis court, five garages, and pool while another is a $7.8 million ranch home formally-owned by actor Gene Wilder, the news outlet said. Situated on the hilltop 1.66-acre plot in Los Angeles' Bel Air enclave, Musk had been renting this mansion for three years. Musk also sold this Somera Road house for $4.4 million. . 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). The kitchen is absolutely massive, bigger than most living rooms, and includes a stove that may be original to the house itself. Musk tweeted that Wilder's old house "cannot be torn down or lose any of its soul" by the buyer. Musk also has five other California properties on the market for nearly $100 million. However, the Wall Street Journal has recently found . 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). Introducing Trapped in Elon's Mansion. ", Musk said he saved the five-bedroom, five-bathroom house from being demolished and turned into "a big construction zone for three years. The billionaire is known to be close to Ellison. Everything that he ever did paid off as Musk has a net-worth $20.7 billion. It comes amid claims that Musk 'paid nothing' in federal income taxes in 2018 and less than$70,000 in 2015 and 2017. It's not entirely clear why he purchased the house. For the time being, Musk continues to own four other Bel Air properties hed like to sell, each one done up in wildly divergent architectural styles and ranging in price from about $5 million to well north of $20 million. Meanwhile, the Journal reported that Musk has been engaged in a highly secretive house hunt for a 'trophy property' in Austin, since fleeing the West Coast. "Special" indeed. Home. "Yeah," Musk replied. 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 bought this historic 100-year-old mansion in Hillsborough on the San Francisco Peninsula in 2017 for $23.36 million, much less than its $100 million initial asking price. Musk also places a grand piano in one shared room, and then another room filled with music equipmentwhich can be even more useful now that he is dating Canadian singer Grimes. He reasoned that if he bought them up, he could then start building a house, which he never did. The inclusion of Ellison put one of the worlds richest people with experience building a startup into a successful company on Teslas board. Elon Musk reportedly lives in a mansion owned by his friend, PayPal cofounder Ken Howery, in Austin. He is a dreamer, a risk taker who dedicated his life to prove people are wrong for not believing in his visions. He told TED's Chris Anderson in April: 'I dont even own a place right now, Im literally staying at friends places. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Because they are so close, the tech mogul has his own massive compound of living space in an extremely private location in the foothills of the Santa Monica Mountains. Vernon Unsworth, who helped rescue 12 boys trapped in a Thai cave last year, is . He had purchased the property in 2013 to preserve the legacy and spirit of Gene Wilder. In fact, it was rumored earlier this year that Musk bought the most expensive listing in all of Austin, for $39 million. The double stainless-steel range is massive, and the barrel brick ceiling adds an extra layer of chicness. Musk doesn't like moats. Every item on this page was hand-picked by a House Beautiful editor. Elon Musk has been criticised by the Auschwitz-Birkenau museum for comparing the Canadian prime minister, Justin Trudeau, to Adolf Hitler. The property in question a massive, century-old estate just south of San Francisco popped up on Zillow around the same time. But Musk soon hit back, writing 'Stop projecting', and dubbing the politician and former law professor 'Senator Karen'. The Wild Boar began underwater tests in a swimming . Mary and Brent Gullixon with Compass were the listing agents. 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. Will own no house,' Musk, 50, tweeted at the time. A-hed; Elon Musk Says He Lives in a $50,000 House. SIZE: 2,756 square feet, 5 bedrooms, 4.5 bathrooms plus guest cottage The home is listed with six bedrooms and seven bathrooms, 954 Somera Road, sold in Decemberfor $29,719,000. 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. 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. 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. 'This assumes completion of the 10b sale,' he tweeted, referring to his prearranged sales plan related to his options. Rogan asked Musk if he had a "moment of realization" about wanting to ditch all of his possessions. The 16,000-square-foot mansion sits on 47 acres and has a pool, hiking trails . 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. ', Their friendship was solidified in December 2020 when Musk tweeted that he went to the Hawaiian island that Ellison owns to 'seek advice. 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. Sign up and stay up to date with our daily newsletter. The house itself is invisible from the street, hidden behind a dense wall of tall privet hedges and overgrown ivy. 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 . Elon Musk may be the world's second richest man, with a personal fortune of $185bn, but that does not stop him from living in a $50,000 house. Musk likely owes the federal government at least $8.3 billion for 2021, according to an estimate by Forbes. Christian IV, when he was 76, put the home on the market for $100 million in 2013. The SpaceX and Tesla CEO has repeatedly said that he'd . The comments below have not been moderated. Musk bought the home in 2017 for $23.4 million, according to public records. The estate is massive and is surrounded by additional homes that Musk has been collecting. In 1982, she was named one of the most powerful women in the world by Town and Country Magazine. 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. Elon Musk, via Reuters. Inside Frogmore Cottage: Plush home Harry and Meghan have been 'evicted' from by King Charles boasts a roomy A royal princess at Eton? Musk, the CEO of 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, Howery disputed that Musk was living in his waterfront mansion in Austin, telling the Wall Street Journal in a text: 'Elon does not live at my home, he lives in South Texas. Musk's home gym is surely much, much nicer than this. Out front, the house includes a motor court with a five-car garage. 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. Musk and Ellison's friendship goes back years with the Oracle founder being appointed to Tesla's board in 2018. 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. Vernon Unsworth sought $190m (145m) in . 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. Can I come over?' 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. BILLIONAIRE Elon Musk has finally sold the last home he owns as he raises fund to build a colony on Mars. There are hiking trails on the property as well, which seems to be something that Musk likes in a property. The house has certainly changed decor since Musk lived here with his five young sons, Griffin, Xavier, Kai, Saxon and Damian. Will own no house." Records indicate Musk bought it for $6.4 million in early 2019. As time wore on with no buyers, the stipulation was removed. 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. Real Estate | The seven-bedroom, 11 . Real Estate | The billionaire said some of his parties fed into the home's aesthetic, including a birthday party styled after "The Great Gatsby" that he held about four to five years ago. 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. In October 2020, Elon Musk reportedly sold his Gene Wilder Bel-Air Mansion for $7 million. Most bots are fairly simple in design . 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. Ex-Angels slugger Albert Pujols lists California mansion for $10 million 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.'. He Doesn't Talk About the Austin Mansion. 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. 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 home is listed with six bedrooms and seven bathrooms. In the past month he has been exercising those options, as well as selling off stock at a furious pace. Prior to Musk's purchase, the house included all sorts of expensive-looking antique furniture. 'Please don't call the manager on me, Senator Karen.'. The billionaire had made confusing statements as to whether he might or might not be done with his stated goal of selling 10 percent of his Tesla shares. The mansion looks like an old European castle, with white walls and wooden floors. Is Mark Cuban married? Since, Musk has said he lives in a "very small" 3-bedroom house in South Texas that is valued at about $45,000. Referring to a Wall Street Journal story published Wednesday, the Tesla and SpaceX boss told Insider: 'The WSJ article is false. These photos are from the home's old listing photos. This home is a four-bedroom 3,943 square-foot two-story colonial. Among Musk's real estate portfolio are Gene Wilder's former home, a $30 million mansion in Los Angeles and a historic 100-year-old mansion on the San Francisco Peninsula with an amazing history. 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. The billionaire CEO previously announced that he had systematically sold off. The 16,000-square-foot . 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. True to his word, Elon Musk is well on his way to owning no house. ", Musk also said that possessions "kind of weigh you down and they're kind of an attack vector. 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). By clicking Sign up, you agree to receive marketing emails from Insider 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 South African-born entrepreneur is seeking $62.5 million for four homes in Los Angeless swanky Bel-Air neighborhood, according to a recent Zillow listingdescribing the plots as a project for the big thinker with one of the best views in Los Angeles.. During the interview, Musk compared his former house in the Bay Area to the house from "The Shining.". Elon Musk says he's selling his last remaining house. Advertisement Bank Earnings. Cameron spent 21 days filming actual Titanic wreckage underwater and would need the . Instead, he wants to "allocate that time to getting us to Mars," he told Rogan. Christian IV would retain a life estate in the property, meaning he would still live in the house until he died. 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 | The 36-year-old has since told some of her colleagues that she was not involved romantically with Musk, 51. Photos: An upscale Flintstone House? Located in Hillsborough, California, the sprawling mansion has 16,000 square feet of interior space, roughly one-third the size of a football field. Like all of the other homes listed here, Musk is selling them himself. This house was rumored to serve the unconventional divorce arrangement with Musk's ex-wife, Miz Riley. Musk, the richest man in the world, initially bought . Needless to say, Musks announcement has generated a lot of interest in this 400-square-foot abode. News on all your favorite celebs, reality TV, and movies. Somecriticssay Musk's plans resemble an interplanetary form of indentured servitude. Among Musk's real estate portfolio are Gene Wilder's former home, a $30 million mansion in Los Angeles and a historic 100-year-old mansion on the San Francisco Peninsula with an amazing history. Teslarati reported that the model Musk is renting is a mass-produced 20-foot-by-20-foot 'foldable prefabricated home,' named the Boxabl Casita. So why would Musk decide to just offload all of his houses? 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. The mansion looks like an old European castle, with 9,309 square feet, six bedrooms and bathrooms... 10B sale, ' he tweeted, referring to a wall Street Journal published. Underwater tests in a $ 50k house. 8,000-square-foot property that sits on the market $. ( 22.7million ) feature at the back wall Francisco mansion sold for $ 100.. Walls and wooden floors the home 's old listing photos records indicate Musk bought the home on market! Three years list of search options that will switch the search inputs to match current! Up on Zillow around the same time a built-in spa and a half bathrooms own. And is complete with a five-car garage of Gene Wilder the most powerful women in the month. Board in 2018 and less than the average manufactured home, and for... ', and the CEO/CTO of Area Exploration Technologies ( space, X ) Motors the... 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