Elon Musk sells 3 more homes in LA for $ 40.9 million in total: report
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- Tesla and SpaceX CEO Elon Musk has sold three adjacent homes in Los Angeles’ Bel-Air neighborhood for a total of $ 40.9 million, the Los Angeles Times reported on Wednesday.
- The larger home – a six-bedroom, seven-bathroom mansion that sits on 1.5 acres of land – was reportedly sold for $ 29.72 million.
- Musk sold several properties in 2020 after pledging to “not own a home.” He sold another Bel-Air home to a Chinese billionaire for $ 29 million in June, and he sold the estate that belonged to actor Gene Wilder in October.
- Musk announced earlier this month that he is moving to Texas.
- Visit the Business Insider homepage for more stories.
Elon Musk appears to be keeping his promise “not to own a home”: 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 homes in the Bel-Air neighborhood of Los Angeles for a total amount of 40.9 million dollars, The Times reported, citing real estate records.
The larger home – a six-bedroom, seven-bathroom mansion that sits on 1.5 acres of land – sold for $ 29.72 million. A 3,943-square-foot colonial-style house across the street sold for $ 6.77 million, while the smaller house, a single-story 1960s house, sold $ 4.43 million.
Read more: Elon Musk reveals Tesla’s plan to be at the forefront of a self-driving car revolution – and why he wants to be buried on Mars
All three houses are on the same cul-de-sac in Bel-Air, according to the Times.
Bel-Air homes are among several properties Musk sold in 2020. In October, Musk sold actor Gene Wilder’s former estate for $ 7 million, $ 250,000 more than what Musk paid. . The house was sold to an LLC run by screenwriter and producer Elizabeth Hunter, married to filmmaker Jordan Walker-Pearlman, Wilder’s nephew, Variety reported.
In June, Musk sold another Bel-Air home 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 that he planned to sell “almost all physical possessions” and “would not own any homes.” While Musk is known for making crazy statements and grandiose promises, he appears to be keeping his promise to offload at least part of his $ 100 million real estate portfolio – although he has said that his girlfriend, the musician Grimes, was angry with him for making the decision a few days before welcoming a new baby.
Earlier this month, Musk announced he was moving to Texas after a months-long battle with California regulators. This spring, local authorities banned Tesla from operating its plant in the San Francisco Bay Area during shelter-in-place orders, which Musk called “fascist” and anti-American.
âTesla will now immediately move its headquarters and future programs to Texas / Nevada,â he said. tweeted in May. He also quietly moved his charitable foundation to Texas.
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