- Tesla and SpaceX CEO Elon Musk has spent roughly $US100 million on buying up California mansions over the past seven years, according to The Wall Street Journal.
- One of the properties found by the newspaper is a 100-year-old mansion complete with ballroom and flower-arranging room.
- Another is a ranch house formerly owned by actor Gene Wilder.
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The Wall Street Journal reports that Tesla CEO Elon Musk and companies affiliated with him have spent a rough total of $US100 million on seven houses since 2012.
Six of the houses are situated a stone’s throw from one another in the Bel-Air neighbourhood of Los Angeles. Musk also owns a large estate near Tesla’s headquarters in Northern California.
According to The Journal’s analysis, the Bel-Air properties consist of:
- A colonial mansion worth $US22.3 million that comes with a lighted tennis court, five garages, and a pool.
- A ranch house formerly owned by the actor Gene Wilder worth $US7.8 million.
- A six-bedroom house with eight bathrooms worth $US20 million.
- A four-bedroom property worth $US4.9 million. Neighbours reported seeing pink lights on in the house on Valentine’s Day, according to The Journal.
- A six-bedroom house reportedly made up of “geometric shapes” and worth $US27.3 million.
- A colonial house bought in January 2019, now worth $US4.2 million.
The estate in Northern California houses a 100-year-old mansion worth $US27.2 million. Before Musk bought it, it had been in the same family for 150 years. It comes complete with a ballroom, flower-arranging room, staff wing, and pavilion bedecked in 18th-century Chinese wallpaper.
Aerial shots in The Journal show the house nestled among the trees, with manicured gardens and a large front driveway.
It is not clear which of the various properties, if any, is Musk’s primary residence.
Musk’s assets and worth have recently been the subject of scrutiny in court.
Musk is fighting a defamation case in the US against the British cave diver Vernon Unsworth, who Musk dubbed “pedo guy” on Twitter after Unsworth criticised his idea to send a minisub to rescue a Thai soccer team trapped in a flooded cave system.
While testifying this week, Musk estimated his net worth to be $US20 billion. “People think I have a lot of cash. I actually don’t,” he told the court, saying most of his wealth was tied up in shares in his various companies.
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