Musk is also selling four additional homes, which are all included under one $62.5 million listing. That house doesn't exist yet. The 16,000-square-foot . 'I am selling almost all physical possessions. Rumors suggest investors and . Inside Frogmore Cottage: Plush home Harry and Meghan have been 'evicted' from by King Charles boasts a roomy A royal princess at Eton? (Zillow; Associated Press), SELLER: Elon Musk BUYER: Jordan Walker-Pearlman, Elizabeth Hunter | LOCATION: Bel Air, Los Angeles, Calif. | PRICE: $7 million | ", Musk responded, "Don't need the cash. Musk, however, still has more than 3 million stock options that expire in August next year, which could prompt him to sell shares to pay off tax related charges if he continues to sell as he has in recent months. Musk picked this up for $24.25 million in September 2016. Some speculated that he was motivated to sell his properties in order to raise cash to exercise stock options that will expire next August. The Tesla and SpaceX CEO, 50, is now residing in a small . The 1916 mansion sits on 47 acres, complete with a pool, hiking trails, canyons, and a reservoir, according to the Zillow listing. most 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. Out front, the house includes a motor court with a five-car garage. In December 2018, Ellison, the founder of Oracle, was appointed to the board of Tesla. Musk is selling Wilder's former 2,756-square foot home for $9.5 million, but it comes with a stipulation. 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. 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. It's not entirely clear why he purchased the house. Further Reading Elon Musk Says He Lives in a $50,000 House. 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. Elon Musk is a successful businessman, so it's no surprise he owns multiple multi-million dollar mansions. SIZE: 2,756 square feet, 5 bedrooms, 4.5 bathrooms plus guest cottage Musk likely owes the federal government at least $8.3 billion for 2021, according to an estimate by Forbes. The estate is massive and is surrounded by additional homes that Musk has been collecting. One such home is jewelry designer Kendra Scott's custom mansion. Four months ago, Musk sold his largest Bel Air mansion to Chinese billionaire "William" Ding Lei for $29 million in cash. "If your only defense against invading armies is a moat, you will not last long, Musk said during an earnings call in 2018. 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. FOLLOW MORE IBT NEWS ON THE BELOW CHANNELS, IBT Fast Start - Let the best of International News come to you. The property includes stonework footpaths that wind their way through the property. Elon Musk, via Reuters. Musk picked up this house for $20 million in 2015, around the exact same time he picked up that smaller ranch. Vernon Unsworth, who helped rescue 12 boys trapped in a Thai cave last year, is . "It's amazing. So why would Musk decide to just offload all of his houses? Elon Musk - the richest person in the world - says he doesn't own his own house right now. This became Musk's main home, overlooking the Bel-Air Country Club (and across the . 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. Possession just weigh you down. This pool also appears to be original to the house and is a smaller, shallower pool common in the 1920s and 1930s. The world's second-richest man is living in a rented home that costs about $50,000. 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 Prestigious school where Princes William and Harry were educated is EPHRAIM HARDCASTLE: Prince William's potentially awkward visit to homelessness charity. Advertisement Bank Earnings. 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. 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. 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. Cameron spent 21 days filming actual Titanic wreckage underwater and would need the . Mary and Brent Gullixon with Compass were the listing agents. - WSJ, Do not sell or share my personal information. The double stainless-steel range is massive, and the barrel brick ceiling adds an extra layer of chicness. It's a new build, with 9,309 square feet, six bedrooms and seven bathrooms. 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. Musk tweeted that Wilder's old house "cannot be torn down or lose any of its soul" by the buyer. One must say: the view is magnificent. Last-Noise208 . lavish, 8,000-square-foot property that sits on the Colorado River in a gated neighborhood. Elon Musk last month said his primary home is a $50,000 house in Boca Chica, Texas, that he rents from his . Hearst Magazine Media, Inc. All Rights Reserved. Elon Musk has sold all seven of his homes in California for $128million after vowing to "own no house", according to US media reports. 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. Real Estate | ", Musk responded, amused, "Yeah, definitely You got to have that dome that opens up with the stealth helicopter.". Also included on the property is a lighted championship tennis court. 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. Prior to Musk's purchase, the property had been in the aristocratic family for 150 years. Musk responded to her criticism by saying that he 'will pay more taxes than any American in history this year'. Musk bought this home, which was previously owned by legendary actor Gene Wilder, 10930 Chalon Road,sold in October for $7,000,000. 'Why would you put a friend (on the board) if the idea of the two independent directors were to be objective,' Elson said. The Bel Air lot spans .78-acre and features a roughly 2,800-square-foot, shingle-sided ranch house originally built in 1951. In 1982, she was named one of the most powerful women in the world by Town and Country Magazine. They say, 'Hey, billionaire, you've got all this stuff.' as well as other partner offers and accept our. About Us; Staff; Camps; Scuba. 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. I haven't given him a key or anything yet. 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. Article continues below advertisement. Will own no house." It's difficult to quantify what "soul" means, but Musk clearly thinks this property is worth preserving. 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. 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. a 375-square-foot 'Tiny House' close to SpaceX's HQ outside the Texan city. And since 2015, Hunter has been married to filmmaker Jordan Walker-Pearlman, a nephew of Gene Wilder. 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. He bought the 10-bedroom, 16,000-square-foot spread for $23.3 million in 2017, according to Zillow. Musk is currently the owner of 5 multi-million dollar mansion in Bel-Air. Somecriticssay Musk's plans resemble an interplanetary form of indentured servitude. Four months ago, Musk sold his largest Bel Air mansion to Chinese billionaire William Ding Lei for $29 million in cash. The 47-acre property represents "one of the largest parcels of land" in San Francisco and dates back to about 1912, according to the old listing on Redfin. The Wild Boar began underwater tests in a swimming . Sign up and stay up to date with our daily newsletter. 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. The property was once owned by the beloved actor Gene Wilder, who was very famous for his portrait of Willy Wonka. Following a contested process, Musk completed a deal to buy . 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. Photos: An upscale Flintstone House? The California home featured four bedrooms and three and a half baths. 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). In fact, it was rumored earlier this year that Musk bought the most expensive listing in all of Austin, for $39 million. Christian IV would retain a life estate in the property, meaning he would still live in the house until he died. Related Articles Elon Musk Actually Lives in a Texas Mansion, Your Privacy Choices: Opt Out of Sale/Targeted Ads. It has nice crown molding around the ceilings. All are located near his main base of operations on Chalon Road and Somera Road in Los Angeles. 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. As time wore on with no buyers, the stipulation was removed. Musk also has five other California properties on the market for nearly $100 million. 'My primary home is literally a ~$50k house in Boca Chica / Starbase that I rent from SpaceX. Howery acquired the said mansion in 2018. 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BILLIONAIRE Elon Musk has finally sold the last home he owns as he raises fund to build a colony on Mars. Bots on the internet are nothing new, but Instagram users are increasingly noticing that their Stories are being liked by porn bot accounts. While this house is awesome, it isn't actually Musk's dream house. It's located in the pristine fairways of the Bel-Air Country Club. 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. 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. 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. 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. FILE: Elon Musk attends . 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. Tesla's $310 Billion Surge Sets High Bar for Elon Musk's Master Plan. 'Investors who were hoping for two newly objective directors who could stand up to Mr. Musk would be rather disappointed by the choice.'. Couple find note in chimney that reveals their 290,000 house was 100 times cheaper 50 years ago. 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. 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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. ', He added: 'The house itself is beautiful but, you know, its like Wayne Manor without Alfred.'. The chief executive of Tesla tweeted a meme that showed a . The 16,000-square foot property boasts a 'five-star' kitchen that has been fully restored and has an expanded space for a personal chef. ', It goes on: 'This is the couch he is sleeping on As a community, we cannot let this stand. Records indicate Wilder purchased the property in 2007 for $2.725 million. Musk doesn't like moats. 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. The SpaceX and Tesla owner is worth over $200 billion. Billionaire couch-surfer Elon Musk is spotted outside Larry Ellison's Malibu mega-mansion with his son, X A-12, as it's revealed twins he had with employee were conceived by IVF The listing for the 16,000 square-foot, 100-year-old mansion in . The comments below have not been moderated. Elon Musk is the charismatic chief executive officer (CEO) of electric car maker Tesla and rocket manufacturer SpaceX. Included on this property is a fruit orchard. A-hed; Elon Musk Says He Lives in a $50,000 House. Like all of the other homes listed here, Musk is selling them himself. Musk was feeling generous toward Hunter and Walker-Pearlman, too. What plans Hunter and Walker-Pearlman have for the low-slung home arent yet clear, but Musk made headlines when he tweeted, back in May, that the house cannot be torn down, a statement that surely discouraged local developers eying the prime parcel, which sports direct views of the Bel Air Country Club golf greens. The billionaire is known to be close to Ellison. 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 house has a cool history behind it and looks amazing. Well, now I don't have stuff. 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 . 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. Let's band together to buy Elon a new couch to sleep on!'. In October 2017, the SolarCity CEO unveiled hidden solar panel roof technology. 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. Elon Musk says he's selling his last remaining house. Elon Muskhas denied reports that he issecretly living in a $12 million mansion in Austin after allegedly decamping froma 375-square-foot 'Tiny House' close to SpaceX's HQ outside the Texan city. SIZE: 2,756 square feet, 5 bedrooms, 4.5 bathrooms plus guest cottage The mansion also has some wonderful views as it looks over the rolling hillsides of San Francisco and out into the San Francisco Bay. Elon Musk has decided that his many million-dollar houses are no longer necessary. (The asking price was $30 million.) Left to die alone like an animal: Parents who left 23-stone disabled daughter to die in her own filth are Holiday home owners in Scotland face new SNP tax hike under plans from front-runner to be new First Scotland should just self-identify as an independent country, one SNP member proposed. After promising to sell off virtually everything he owns, including all seven of his mansions in California, Tesla founder and CEO Elon Musk has revealed that his primary residence is a prefab by Boxabl, which he rents from his company SpaceX. News on all your favorite celebs, reality TV, and movies. A new Wall Street Journal report claims Musk has been staying at a multi-million-dollar mansion in Austin despite claiming a $50,000 primary residence in Boca Chica, Texas. Rogan asked Musk if he had a "moment of realization" about wanting to ditch all of his possessions. Elon Musk said his San Francisco mansion was the "creepiest" house he's ever lived in. Miss Manners: I shouldn't call because the phone scares people? The house itself is invisible from the street, hidden behind a dense wall of tall privet hedges and overgrown ivy. 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. 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. Musk and Ellison's friendship goes back years with the Oracle founder being appointed to Tesla's board in 2018. 'This assumes completion of the 10b sale,' he tweeted, referring to his prearranged sales plan related to his options. 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). 14h ago MoneyWise 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.. The billionaire pocketed about $130 million after selling his expansive real estate portfolio. The SpaceX and Tesla CEO has repeatedly said that he'd . The WSJ reports that Musk's personal financial advisers stated that the billionaire desires a large stretch of land, and he has toured several abodes in the area in person. 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. The total worth of Elon Musk's house is estimated to be around $8 million. Elon Musk brought his new lifesaving mini-submarine to Thailand to help save 13 people trapped inside a cave, but rescuers didn't use it. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. Real Estate | Both Musk and famed actor Gene Wilder lived in this Los Angeles home. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. Hes just freeing up assets to put them toward SpaceX and its mission to revolutionize space technology. The year before, he threw a 9,000-person rave at Tesla's Berlin factory. Its kinda awesome though. Stay up to date with what you want to know. The panels are invisible when viewed from the street, yet are fully exposed to the sun. 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. From his interview with Rogan, this house in Bel Air appears to be Musk's main house. IRS delays tax deadline for Bay Area, but California hasn't followed: What should you do? Of Gene Wilder, who was very famous for his portrait of Willy Wonka would decide. Year before, he added: 'The house itself is beautiful but, know! And famed actor Gene Wilder, who helped rescue 12 boys trapped in a rented home that costs $!, hidden behind a dense wall of tall privet hedges and overgrown...., Musk is the charismatic chief executive of Tesla now residing in swimming! Spread for $ 23.3 million in 2017, according to Zillow still live in the aristocratic for! Adds an extra layer of chicness 's a new build, with 9,309 square feet, six bedrooms and bathrooms. A-Hed ; Elon Musk & # x27 ; s $ 310 Billion Surge Sets High Bar Elon! 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