Elon Musk Mansions: Billionaire Lists Two Bel Air Properties After Tweeting He Will 'Own No House'
KEY POINTS
- Elon Musk listed for sale two mansions on Zillow after declaring he will no longer own houses
- The two Bel-Air mansions are listed for $30 million and $9.5 million
- The Tesla founder also said that possessions only weigh him down
Elon Musk is putting two of his Los Angeles mansions in the market just days after he declared on his Twitter account that he would "own no house" and sell off his physical possessions.
The properties are now listed as "for sale by owner" on the real estate website Zillow. The mansions are going for $30 million and $9.5 million, per CNBC.
Musk's mansions are located in the Bel-Air neighborhood, with the larger property boasting of nearly 20,000 square feet and overlooking the Bel-Air Country Club. The house, which was built in the 1990s and bought by Musk for a little under $20 million, has six bedrooms and 11 bathrooms, with a two-story library, a two-bedroom guest suite, a wine cellar, a gym, a tennis court, a swimming pool, home theater, and a five-car garage.
The smaller mansion, which was previously owned by Hollywood legend Gene Wilder of the “Willy Wonka” fame, is a 2,756 square foot ranch-type home. It has five bedrooms and baths, a pool and a separate guest house. Musk bought this house for $6.75 million. He has one special request for its future owner in that the house must "never lose its soul."
Just before announcing that he is selling off his properties, Musk told his millions of followers on Twitter that Tesla's share price was "too high," sending the company's stock down 10%. He also tweeted that he doesn't need money.
"Devoting myself to Mars and Earth. Possession just weighs you down," Musk said.
Representatives for Musk have not commented on the billionaire's statements, but his tweets drew some backlash from corporate governance experts who speculated that he might, once again, court trouble with the Securities and Exchange Commission (SEC).
In 2018, Musk had to settle with the SEC after he posted that he was thinking about taking Tesla private for $420 per share.
According to The Wall Street Journal, however, the SEC won't comment on Musk's recent tweets after someone asked the billionaire if he's joking or if his declarations have been vetted by the SEC.
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