- Tesla and SpaceX CEO Elon Musk sold three adjacent houses in Los Angeles’ Bel-Air neighborhood for $ 40.9 million, the Los Angeles Times reported on Wednesday.
- The largest house – a six-bedroom, seven-bath mansion on 1.5 hectares of land – sold for $ 29.72 million.
- Musk sold several properties in 2020 after promising to “have no home”. He sold another house in Bel-Air to a Chinese billionaire for $ 29 million in June and sold the property that belonged to actor Gene Wilder in October.
- Musk announced earlier this month that he was moving to Texas.
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Elon Musk appears to be fulfilling his “no home” pledge: billionaire Tesla has sold three more of his homes, the Los Angeles Times reported on Wednesday.
On December 21 and 22, Musk – the second richest person in the world, with a net worth of $ 167 billion – sold three adjacent houses in the Bel-Air neighborhood in Los Angeles for $ 40.9 million, the Times reported, citing real estate records.
The largest home – a six-bedroom, seven-bath mansion on 1.5-acre land – sold for $ 29.72 million. A 3,943-square-foot colonial-style house across the street sold for $ 6.77 million, while the smallest house, a 1960s one-story house, sold for $ 4.43 million.
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All three houses are in the same cul-de-sac at Bel-Air, according to the Times.
Bel-Air’s homes are among several properties that Musk sold in 2020. In October, Musk sold actor Gene Wilder’s old property for $ 7 million, $ 250,000 more than Musk paid for it. The house was sold to an LLC run by screenwriter and producer Elizabeth Hunter, who is married to filmmaker Jordan Walker-Pearlman, Wilder’s nephew, Variety said.
In June, Musk sold another home in Bel-Air to a Chinese billionaire for $ 29 million, The Wall Street Journal reported. Musk bought the 20,248 square foot home for $ 17 million in 2012.
Musk tweeted in May who planned to sell “almost all physical goods” and “would have no home”. Although Musk is known for making extravagant statements and grandiose promises, he appears to be fulfilling his promise to dispose of at least part of his $ 100 million property portfolio – although he said his girlfriend, musician Grimes, was mad at him for making the decision days before they receive a new baby.
Earlier this month, Musk announced that he was moving to Texas after a months-long battle with California regulators. This spring, local authorities prevented Tesla from operating its factory in the San Francisco Bay area during shelter applications there, which Musk described as “fascist” and not American.
“Tesla will now move its headquarters and future programs to Texas / Nevada immediately,” he tweeted in May. He quietly moved his charitable foundation to Texas as well.