Breaking News

Elon Musk, owner of a $100 million real-estate portfolio, just tweeted that he will sell all his belongings and 'own no house.' Take a look at some of the mansions he'll have to offload to make that happen.

tech moguls linked to epstein 2x1
  • Elon Musk vowed to sell "almost all physical possessions" including his homes in a tweet Friday.
  • Months before promising to fully liquidate his real-estate portfolio, the Tesla CEO reportedly sold a Brentwood, California, mansion for almost $4 million in late August.
  • Musk owns at least seven houses worth a combined $100 million, including six mansions within steps of each other in Bel Air.
  • The billionaire tech mogul has a net worth of $39 billion, per Bloomberg's latest estimate.
  • Visit Business Insider's homepage for more stories.
Elon Musk intends to sell off his $100 million real-estate portfolio, the billionaire CEO tweeted Friday.
The cofounder of electric automaker Tesla said that he plans to sell "almost all physical possessions" and "own no house." The statement was a stunning reversal of Musk's real-estate strategy to date; the billionaire spent years buying up adjacent mansions in Los Angeles' swanky Bel-Air neighborhood. He owns at least seven homes worth over $100 million, Business Insider previously reported.
Keep reading to take a look inside Musk's real-estate portfolio.
SEE ALSO: Grimes and Elon Musk are officially having a baby in May. Here's how the eccentric CEO makes and spends his $39.5 billion fortune.
DON'T MISS: Kim Kardashian and Kanye West are collectively worth over half a billion dollars. Here's a look inside the couple's real-estate portfolio, from their sprawling Wyoming ranch to their $60 million Hidden Hills mansion.

Elon Musk built a $39 billion fortune as the CEO of Tesla and SpaceX.



Source: Business Insider



Musk and the companies affiliated with him own at least seven residences collectively worth over $100 million, mostly in the Los Angeles area.



Source: Business Insider



Musk bought his first piece of Bel Air real estate in late 2012.



Source: Los Angeles Times



The Tesla CEO started off by renting the colonial-style house in 2010 and lived with his five sons.



Source: Business Insider



He later purchased the mansion for $17 million, although it's now estimated to be worth $22.3 million.



Source: Wall Street Journal 



The house has 20,248 square feet of space divided into different wings, with a total of seven bedrooms. It also has a two-story library.



Source: Variety, Wall Street Journal 



The kitchen features a brick ceiling.



Source: Business Insider



The backyard has a pool ...



Source: Business Insider



... a tennis court ...



Source: Business Insider



... and a view of the exclusive Bel Air Country Club. The house also has a gym and a wine cellar.



Source: Business Insider



Musk bought two other houses on the same street, including one for $6.75 million in October 2013.



Source: Business Insider



Beloved actor Gene Wilder lived in the 2,756 square foot, three-bedroom, three-bathroom ranch-style home for over 30 years until 2007.



Source: Business Insider, Wall Street Journal 




Musk used the house as a private school for his children. And in a 2015 interview with Vogue, the billionaire CEO described it as "like a little schoolhouse on the prairie, except in Bel Air on a golf course."



Source: Variety, Vogue



Musk later purchased two more on Bel Air mansions on an adjacent street — another ranch house for $20 million in July 2015 and an unfinished mansion for $24.25 million in 2016.



Neighbors told the Wall Street Journal in December that the 9,309-square-foot mansion has been under construction since 2011.
Source: Variety, Wall Street Journal



Two years later, Musk reportedly bought another mansion next door to those. The property — a colonial-style, two-story home built with a white brick facade — is estimated to be worth $4.2 million.



Source: Wall Street Journal



Musk had bought yet another Los Angeles mansion for $4.3 million in July 2015, but apparently didn't maintain it well. In December, the Wall Street Journal described this property as "unkempt, with a scruffy, bush-filled front yard, a stained glass window, a clay rabbit and dead plants in pots by the front door."



Neighbors also told the Journal in December that it didn't appear anyone was living in this house full-time.
Source: Wall Street Journal



Though Musk has previously said that he sleeps on a couch or on the floor of a conference room in Tesla's Fremont, California headquarters during busy production periods, he also owns another estate nearby.



Source: Business Insider



Located in the ritzy Bay Area suburb of Hillsborough, the 100-year-old, 16,000-square-foot Mediterranean-style mansion boasts 10 bedrooms, bay views, hiking trails, and a ballroom. Musk bought it for $23.4 million in June 2017.



Source: Wall Street Journal



The tech mogul also previously owned this "boomerang-shaped house" in Brentwood, California, about 15 miles northwest of downtown Los Angeles with his ex-wife Talulah Riley. The former couple paid just under $3.7 million for it in 2014, per the Variety-owned real-estate site Dirt.



Source: Business Insider, Dirt
Read more: Elon Musk has sold his mansion overlooking Los Angeles for nearly $4 million. Here's a look inside.



That house is surrounded by privacy hedges for security ...



Source: Business Insider



... but has floor-to-ceiling windows throughout to let the light in.



Source: Business Insider



He sold the house for $4 million in late August 2019, Business Insider previously reported.



Source: Business Insider





* This article was originally published here

http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/y-i6O944-bQ/elon-musk-los-angeles-homes-real-estate-portfolio-photos

Press Release Distribution

No comments