It seems as though Elon Musk’s name is always popping up everywhere, right? And that’s because it is.
Fans of the hit cartoon Rick and Morty were treated to an Elon Musk cameo in the show’s episode three of the current season four, with the Tesla CEO playing the Elon Tusk character beautifully. Naturally, this sent Twitter on a frenzy.
The CEO and his company were also trending after the disastrous unveiling of the Cybertruck, a machine that Musk had insisted was bulletproof. Upon demonstration though, the truck’s windows shattered, and not once, but twice!
Musk has also been fighting a legal battle against British caver Vernon Unsworth who had sued him for defamation. The Briton sought $190 million in damages, but a jury found Elon Musk not guilty earlier in the month.
Thinking about it, these and many more trending stories concerning the Tesla CEO tend to work in his favor sometimes. While everyone is busy concerning themselves with memes and trolls on social media, Elon Musk is able to quietly build an impressive real estate portfolio.
That he is ever trending tends to overshadow his real estate interests, but you would imagine that he wouldn’t want it any other way. But for a man of his stature, nothing he does remains out of the public domain for long, no?
And his interests in the real estate industry haven’t been left out. A recent Wall Street Journal article revealed that the billionaire has been in the game for some seven years, spending $100 million while at it.
Given where most of his properties are located, the price tag on his portfolio shouldn’t be that jaw-dropping. But honestly, $100 million is quite the fortune.
According to Celebrity Net Worth, most of Elon Musk’s holdings are in Bel-Air, and he seems to favor pieces of property along two streets. The one that isn’t on either is located near Tesla’s Northern California corporate headquarters.
The entire portfolio comprises of seven properties, with the first purchase coming in 2012. The mansion sits on 20,248 square feet, and Musk had to part with $17 million for it.
Soon after this purchase, Musk got an insatiable real estate appetite, although an agent involved in his initial purchases says that the acquisitions were more of a necessity. The man has a large family, lots of staff, and definitely hosts many frequent visitors.
In 2013, the CEO splashed another $6.5 million for a house, this time a smaller mansion sitting on 2,756 square feet. Smaller it was, but don’t for one minute lie to yourself that it wasn’t as grand as the first one.
For this one, Musk displayed his entrepreneurial expertise by buying the house at a discount of over $1.2 million. Talk of bargaining power!
July 2015 brought with it another acquisition, the most expensive one for the CEO at the time. For $20 million, Musk had a mansion boasting six bedrooms and a complementary eight bathrooms.
The same month, the entrepreneur spent $4.3 million on a particularly small house, and people wonder why he bought it in the first place. Neighbors report that the property rarely has any occupants and that it is largely unkempt.
All the same, Musk bought more property over the years, his seventh acquisition coming in January 2019. He spent $6.4 million on this one and who knows if he’ll buy any more real estate? Let’s just wait.