Elon Musk is selling properties worth over R1 billion, after tweeting that he 'will own no house'
- Tesla CEO Elon Musk listed four more properties for sale on Wednesday, with a collective asking price of more than $100 million (R1.8 billion).
- Musk, worth more than $38 billion (R706 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?"
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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 (R706 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 (R1.1 billion).
Musk also listed a mansion in England for $35 million (R650 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 (R733 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?"
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