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Elon Musk, life for rent and why he sells his property

If we were interested in the biography of Elon Musk and his path to success, so we are aware that he has more than once risked everything he owns – just to save his companies from bankruptcy and to implement another risky idea.

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Today, the entrepreneur has billions of dollars and does not need such actions. However, he is in the process of selling the properties he owns.

In a Twitter post, Musk announced that has decided to sell his last remaining property in San Francisco California. For him, this place is “special”, so he wants to buy it a large family to live there.

Photo 497336


Source: EPA archive



According to real estate company Gullixson, the mansion was built around 1912 by French Count Christian de Gwen and sold for $ 37.5 million. Musk bought it in 2017 for 23.4 million, which means that will be over 10 million ahead of its sale.

The entrepreneur leaves only one house, which he rents out for events. And for several months he, his wife Grimes and their son live in a rental house in Boca Chica, Texasto keep Musk as close as possible to the SpaceX launch site and control important processes closely.

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The billionaire began selling his property in California in 2019 and so far, it has raised about $ 114 million from the deals. But, as we learned recently, he “failed” to pay his taxes in full in recent years, which has certainly also helped increase his fortune, reports Entrepreneur.

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