Britta Pedersen-Pool/Getty Images; Pictometry; Los Angeles County Assessor
- Tesla and SpaceX CEO Elon Musk has sold three adjacent houses in the Bel-Air neighborhood of Los Angeles for a combined $40.9 million, the Los Angeles Times reports.
- The largest home — a six-bedroom, seven-bathroom mansion that sits on 1.5 acres of land — reportedly sold for $29.72 million.
- The Bel-Air homes are among several pieces of property Musk has sold off in 2020 after pledging that he would “own no house.” He sold another Bel-Air home to a Chinese billionaire for $29 million earlier this year, and sold the estate that formerly belonged to actor Gene Wilder in October.
- Musk’s latest property sell-off comes after he announced earlier this month that he’s moving to Texas.
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Elon Musk appears to be making good on his promise to “own no house”: The Tesla billionaire has sold off three more of his homes, the Los Angeles Times reports.
Between December 21 and 22, Musk – who is the world’s second-richest person with a net worth of $167 billion – sold three adjacent houses in the Bel-Air neighborhood of Los Angeles for a combined $40.9 million, according to property records viewed by the Times.
The largest 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 home across the street sold for $6.77 million, while the smallest house, a single-story, 1960s home, sold for $4.43 million.
All three houses are on the same cul-de-sac in Bel-Air, according to the Times.
The Bel-Air homes are among several pieces of property Musk has sold off in 2020. In October, Musk sold the actor Gene Wilder’s former estate for $7 million, $250,000 more than Musk paid for it. The home was sold to an LLC managed by the screenwriter and producer Elizabeth Hunter, who is married to the filmmaker Jordan Walker-Pearlman, Wilder’s nephew, Variety reported.
Earlier this year, Musk sold another Bel-Air home to a Chinese billionaire for $29 million, according to The Wall Street Journal. Musk had purchased the 20,248-square-foot home for $17 million in 2012.
Musk's property sell-off comes after he tweeted in May that he planned to sell "almost all physical possessions" and would not own a house. While Musk is known for making wild statements and grandiose pledges, he appears to be following through on his promise to offload at least some of his staggering $100 million real estate portfolio - despite sharing that his girlfriend, the musician Grimes, was mad at him for deciding to sell his houses, which occurred days before the couple welcomed a new baby.
Musk's move to offload his Los Angeles properties also coincides with his announcement that he's moving to Texas following a months-long battle with California regulators. This past spring, local officials barred Tesla from operating its San Francisco Bay Area car factory during shelter-in-place orders, lockdowns that Musk described as "fascist" and un-American.
"Tesla will now move its HQ and future programs to Texas/Nevada immediately," he tweeted in May. In December, he quietly moved his charitable foundation to Texas as well.