Breaking News

Elon Musk is selling 5 more properties worth over $100 million, after tweeting earlier this month that he 'will own no house'

Elon Musk
  • Tesla CEO Elon Musk listed four more properties for sale on Wednesday, with a collective asking price of more than $100 million.
  • Musk, worth more than $38 billion, has pledged to "own no house." He earlier listed two Bel Air Mansions for sale.
  • "People say, 'Hey, billionaire, you've got all this stuff.' Well, now I don't have stuff," Musk recently said in a podcast. "Now what are you going to do?"
  • Visit Business Insider's homepage for more stories.
Tesla CEO Elon Musk appears to be fulfilling a tweeted promise earlier in May to offload most of his real estate and ultimately "own no house." He still has a net worth of some $38 billion.
"I am selling almost all physical possessions," Musk tweeted on May 1. "Will own no house."
On Wednesday, Musk, who recently reopened his electric-car factory in defiance of a local California ordinance, listed four more Los Angeles-area properties as "for sale by owner," Bloomberg reported. The real estate has a collective asking price of $62.5 million.
Musk also listed a mansion in England for $35 million.
The listings come days after the South African businessman began accepting offers on two Bel Air mansions. Their combined asking price: $39.5 million.
As Musk recently explained on a podcast, "Possessions kind of weigh you down" — politically, he implied. "They're kind of an attack vector, you know? People say, 'Hey, billionaire, you've got all this stuff.' Well, now I don't have stuff. Now what are you going to do?"
Have a news tip? Email this reporter: cdavis@insider.com
Join the conversation about this story »
NOW WATCH: Inside London during COVID-19 lockdown


* This article was originally published here Press Release Distribution
Source - https://www.businessinsider.com/?hprecirc-bullet

No comments