Elon Musk keeps his promise to sell all his homes
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After a crazy ride for a year, Elon musk is getting serious about minimalism in 2021, starting with getting rid of a lot of California real estate.
In May, the tech CEO announced on Twitter, “I sell almost all physical possessions. Will not own any homes.” And now, eight months later, Musk is keeping his promise, completing the sale of his last three homes all located in a Bel-Air cul-de-sac for a combined total of $ 40.9 million, according to The Los Angeles Times. The founder of Tesla sold a contemporary 9,309 square foot mansion with six bedrooms and seven bathrooms for $ 29.72 million, about $ 5.5 million more than he paid in 2016. He also sold a colonial-style home for $ 6.77 million, about $ 375,000 more than he paid. in 2019, and a third small property for $ 4.43 million. The offers on the three houses were concluded a few days before Christmas.
The unloading of those homes brings Musk’s California real estate sales total to seven after listing all of his properties on Zillow “for sale by owner” for a combined $ 137 million. He sold his first and largest home in June for $ 29 million to a Chinese billionaire Guillaume Ding, according to Variety. His second property, previously owned by the late actor Gene Wilder, was sold in October for $ 7 million to Wilder’s nephew after Musk specified in a tweet that there was “only one condition for the sale: I own Gene Wilder’s former house.” He cannot be demolished or lose part of his soul.
Musk told the the Wall Street newspaperthe editor-in-chief of Matt Murray in December he moved to Texas full-time, where Tesla and SpaceX have operations, after clashing repeatedly with California state officials over the COVID security protocol. His new residence in the state also comes with some personal benefits, as Texas does not collect personal income or capital gains tax, even for people who have become the second richest person. of the world during a global pandemic.
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