Published: 22:22 GMT, 26 August 2022 | Updated: 20:27 GMT, 28 August 2022. 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 grand, 16,000-square foot mansion with 10 bedrooms and nine full bathrooms was built in 1916 by Christian de Guigne II, the son of a French count and Gold Rush heiress, according to Curbed. Records suggest he lent them as much as $6.7 million to finance the Wilder house purchase. The property overlooks the exclusive Bel-Air Country Club. 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.'. Musk lived in this house with his sons, which he rented for two years before buying it. He told Rogan that he was thinking about designing his own home in this neighborhood. The kitchen is absolutely flush with subway tile backsplash. This modern mansion is much larger than the previous two. "If your only defense against invading armies is a moat, you will not last long, Musk said during an earnings call in 2018. The 1916 mansion sits on 47 acres, complete with a pool, hiking trails, canyons, and a reservoir, according to the Zillow listing. The property located near Tesla headquarters, is a 100-year-old mansion with a value of $27.2 million, which was previously owned for 150 years by the same family, featuring a ballroom, flower-arranging room, staff wing, and pavilion with 18th century Chinese wallpaper all situated in a treelined estate with manicured gardens and large front driveway, the Journal said. 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. He Doesnt Talk About the Austin Mansion. So, why is Musk's home search so secretive? 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 36-year-old has since told some of her colleagues that she was not involved romantically with Musk, 51. Maybe it was intended to be a vacation home. 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. 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. 'This assumes completion of the 10b sale,' he tweeted, referring to his prearranged sales plan related to his options. Advertisement Bank Earnings. Elon Musk vehemently denied reports Wednesday that he is secretly living in a $12 million mansion in Austin despite his previous claims that he lives in an unassuming, 375-square-foot 'Tiny House' just outside the Texas city, The 50-year-old previously touted the $50k prefab property in a tweet that the rented home is worth about $50,000 - less than the cost of a base Tesla Model S(Pictured: A Boxabl Casita similar to the one Musk is said to be renting), Musk had gone on a spree over the past year, selling several of his properties, as well as one in 2019, for a total of $144million, Howery, 46, also disputed the report and told the Journal in a text message:'Elon does not live at my home, he lives in South Texas. ', Ellison continued: 'You're telling me he's an idiot. Elon Musk is the CEO and product designer of Tesla Motors and the CEO/CTO of Area Exploration Technologies (Space, X). Ever since he moved to acquire Twitter for $44 . The Tesla and SpaceX CEO has sold . Elon Musk, chairman of SolarCity and CEO of Tesla Motors, speaks at SolarCity's Inside Energy Summit in Manhattan, New York, Oct. 2, 2015. SIZE: 2,756 square feet, 5 bedrooms, 4.5 bathrooms plus guest cottage Set on remote mudflats at the states southern tip, Starbase has become a point of contention for locals and bird lovers due to its bright lights, noise, and proximity to sensitive nesting areas for migratory shorebirds like plovers and red knots. Combined, Musk and Ellison have a net worth of over $350 billion. 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Hey, when it comes to real estate, the 48-year-old billionaire keeps his word. 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. Things found in Jeffrey Epstein's 71 million dollar mansion. Devoting myself to Mars and Earth. By Sissi Cao 12/23/21 1:13pm Elon Musk and son X A-12 on stage TIME Person of the Year . 2023 NYP Holdings, Inc. All Rights Reserved, Wall Street Journal reported on Friday (paywall), Sen. Mike Lees Twitter suspended, flagged as impersonation, ElonMuskhints at two futureTeslavehicles in Investor Day event, #TwitterDown trends as social network suffers outage, China cryptically warns Musk about sharing posts on COVID lab leak theory. .css-d1h32f{color:#000000;display:block;font-family:Visuelt,Helvetica,Arial,sans-serif;font-weight:bold;margin-bottom:0;margin-top:0;-webkit-text-decoration:none;text-decoration:none;-webkit-text-stroke:0;}@media (any-hover: hover){.css-d1h32f:hover{color:link-hover;}}@media(max-width: 48rem){.css-d1h32f{font-size:1.0625rem;line-height:1.2;margin-bottom:0.3125rem;}}@media(min-width: 40.625rem){.css-d1h32f{font-size:1.125rem;line-height:1.2;margin-bottom:0.3125rem;}}@media(min-width: 64rem){.css-d1h32f{font-size:1.25rem;line-height:1.2;margin-bottom:0.625rem;}}What to Know About Gas Stoves, Tour the Mansion From the 'Harry & Meghan' Series, How It All Began: A Timeline of Zooey and Jonathan, This Viral Tweet Pokes Fun at "Selling Sunset", What to Know Before Bridgerton Season 2 Premieres, Bunny Williams Shares Her Favorite Flowers, Use AR to See How Decor Would Look in Your Home. This appears to have been updated, as it features a modern black marble pedestal sink. The warm brown tone gives the space a cozy feel. Musk is also selling four additional homes, which are all included under one $62.5 million listing. (Zillow; Associated Press), SELLER: Elon Musk BUYER: Jordan Walker-Pearlman, Elizabeth Hunter | LOCATION: Bel Air, Los Angeles, Calif. | PRICE: $7 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). 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. Related Articles 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. Tesla CEO Elon Musk has sold his Hillsborough mansion . Musk picked this up for $24.25 million in September 2016. Copyright 2023 IBTimes LLC. Musk picked up this house for $20 million in 2015, around the exact same time he picked up that smaller ranch. (The asking price was $30 million.) Cameron spent 21 days filming actual Titanic wreckage underwater and would need the . 'Stoopers' track down artist after saving his works from t O.J. Another huge benefit of this model is affordability. He shared his one condition on selling the gorgeous property: 'Just one stipulation on sale: I own Gene Wilder's old house. There are 5 bedrooms and 4.5 baths, plus a private guest cottage and a kidney-shaped swimming pool on the premises, which are securely gated for privacy. The home is listed with six bedrooms and seven bathrooms, 954 Somera Road, sold in Decemberfor $29,719,000. 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. Rumors suggest investors and . Musk said he also held a party themed after the video game "Castlevania" at the mansion. The total worth of Elon Musk's house is estimated to be around $8 million. The 6.9-acre property is situated in Los Angeles, California. Musk, the richest man in the world, initially bought the house in 2017 for about $23 million, according to the price history on Zillow. The California home featured four bedrooms and three and a half baths. Perhaps he's got a property in the works on Mars. Tesla and SpaceX billionaire Elon Musk has been shedding multimillion-dollar properties left and right over the last year. These photos are from the home's old listing photos. Ellison 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. The properties are assembled from a folded box made of concrete panels and steel. Let's take a tour: Elon Musk has made the 17-million-worth mansion his main residency ever since he bought in late 2012, early January 2013 (the one in the biggest circle on the right). '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 billionaire CEO doesn't want to own a house because "possessions kind of weigh you down," so he's selling seven homes in Bel Air and Hillsborough. She speaks on Bloomberg Television's "Market Make. The Tesla exec's fervent sell-off - which began late last year - seemed to coincidewith his company's decision to relocate their longtime base of operations from Palo Alto to Austin,after the Musk was left frustrated by high tax rates and local coronavirus lockdown orders. 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. 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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. Located in Hillsborough, California, the sprawling mansion has 16,000 square feet of interior space, roughly one-third the size of a football field. Elon Musk Actually Lives in a Texas Mansion, Your Privacy Choices: Opt Out of Sale/Targeted Ads. Included on this property is a fruit orchard. 14h ago MoneyWise It has nice crown molding around the ceilings. By clicking Sign up, you agree to receive marketing emails from Insider 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 told Rogan that he just sort of buys homes because he figured "they were going to get torn down anyway.". One of the living areas Photo . When a Twitter user asked Musk if he was selling his homes "because you need the cash or is this to protest the world burning down? 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 prospective buyer might be a developer, since it's unlikely that one person would want four separate houses that still have neighbors. 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 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. His Bay Area estate hit the market this week for $37.5 million. 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. Sign up for notifications from Insider! Musk purchased this home for $17 million in January 2013 after renting it for three years. 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. All that Tesla work must have dragged him away from his dream. Musk likely owes the federal government at least $8.3 billion for 2021, according to an estimate by Forbes. Home. Within its 20-by-20 footprint is a layout similar to that of a studio apartment, featuring a full size kitchen with a double sink, oven, dishwasher, large refrigerator, and Shaker cabinetry, a bathroom with a deep shower or tub and a sliding barn door, and a generously sized living room with 96-high ceilings. But on Wednesday he suggested he might not be done. The double stainless-steel range is massive, and the barrel brick ceiling adds an extra layer of chicness. In 2020, he said in an interview with the New York Times that he was staying with a variety of friends after selling his $29 million mega mansion in Los Angeles. The ranch-style home includes a pool and guest cottage, and it overlooks the sand traps and stream of the Bel-Air Country Club Golf Course. Musk has said he ran a night club out of a college frat house in the 90s to help pay rent and university expenses. At about the same time, he dropped another $4.3 million to acquire a modest and woefully dated 2,963-square-foot ranch-style house on a high ridge directly above the newly acquired $20 million residence. Its kinda awesome though. Let's band together to buy Elon a new couch to sleep on!'. The identity of that top-secret customer became even clearer after Musk tweeted earlier this month that his current home is a $50,000 house in Boca Chica. 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. Musk has been feuding with Vernon Unsworth, a diver who helped rescue a team of young soccer players stuck in an underwater cave in Thailand, ever since Unsworth criticized Musk's plan to save . These bells were wired throughout the house, allowing for a room occupant to ring for the help when needed. Possession just weigh you down., The newly-sold Bel-Air home is across the street from another property Musk is trying to flip a2,700 square foot ranch-style spread that used to belong to actor Gene Wilder which he listed for $9.5 million with the condition that it cannot be torn down or lose any (of) its soul.. July 10, 2018; MAE SAI, Thailand As the world watched rescuers struggle to save 12 boys and their soccer coach trapped in a cave . Prior to Musk's purchase, the house included all sorts of expensive-looking antique furniture. Musk and Ellison's friendship goes back years with the Oracle founder being appointed to Tesla's board in 2018. 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. It also has a series of sprung servant bells. There's room for 11 cars in a garage and carport. Elon Musk buys 007's underwater car, and wants to make it work. 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. 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. 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. Additionally, the SpaceX founder is said to have been on the hunt for his own Texas mansion in recent months, enlisting numerous Austin-based real estate agents to help him find the right property. Beloved actor Gene Wilder lived there for over 30 years until 2007. The master bathroom is decked out in marble, from the floors to the bathtub and countertops. FOLLOW MORE IBT NEWS ON THE BELOW CHANNELS, IBT Fast Start - Let the best of International News come to you. Following a contested process, Musk completed a deal to buy . Musk said that despite his hectic schedule, he tries to work out twice a week. Musk is worth an estimated $36.1 billion, according to Forbes, so he could have bought the whole neighborhood if he felt like it. 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 Merritt Island mansion at 205 Hacienda Drive, officially known as 'Hacienda del Sol' and sometimes referred to as the 'White House of the South', is on the market with a $6.8 million price tag after it sold for $4.5 million in 2021. Situated on the hilltop 1.66-acre plot in Los Angeles' Bel Air enclave, Musk had been renting this mansion for three years. Records indicate Wilder purchased the property in 2007 for $2.725 million. 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. lavish, 8,000-square-foot property that sits on the Colorado River in a gated neighborhood. Mary and Brent Gullixon with Compass were the listing agents. Elon Musk took the top spot. In July, Musk took to Twitter to share that he lives in a $50k house." Howery acquired the said mansion in 2018. The billionaire pocketed about $130 million after selling his expansive real estate portfolio. Photos: Modest 1,300-square-foot San Jose home sells for $2 million despite Bay Areas falling home prices Elon Musk says he's selling his last remaining house. Photos: California home of late Mannix star Mike Connors lists for $5.5 million This June, rumors spread that Musk lives in a prefabricated tiny house, with a modest rent of a few hundred dollars a month. Elon Musk, via Reuters. A storage cabinet separates the living area from the open bedroom. Billionaire engineer and entrepreneur Elon Musk is the king of three empires in three different industries: Tesla, SolarCity,and SpaceX. It's kinda awesome though,' he wrote in early June. Or until he figures that renting a multimillion-dollar home is very similar to owning a multimillion-dollar home. According to the listing, the entire $62.5 million multi-mansion property is "a project for the big thinker, designed to showcase one of the best views in Los Angeles.". 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. NOW WATCH: How Tesla CEO Elon Musk makes and spends his $19.2 billion. "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. Real Estate | Some speculated that he was motivated to sell his properties in order to raise cash to exercise stock options that will expire next August. Access your favorite topics in a personalized feed while you're on the go. 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. The event featured a drone display, flashing blow-up cacti, and a Tesla hanging from the ceiling. Real Estate | The seven-bedroom, 11 . 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. This 20,248-square-foot home is divided into different wings. 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 property includes close to two acres of lush grass and multiple types of trees. According to Bloomberg, Musk's remaining property has seen a big price cut before finally landing a buyer. In a 2015 interview with Vogue, the . By clicking Sign up, you agree to receive marketing emails from Insider Earlier this year, the Tesla CEO held a "Cyber Rodeo"party to debut the carmaker's new factory in Texas. 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. Twitter for $ 4.4 million. that despite his hectic schedule, he tries to work twice! Anyway. `` condition on selling the gorgeous property: 'Just one stipulation sale... 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