Elon Musk, who claims he's low on cash, recently sold his LA mansion for nearly $4 million - and that was just one of several properties he owns in the area. Take a look inside his real-estate portfolio.
Ruobing Su/Business Insider
- Elon Musk testified that he is "financially illiquid," according to a legal filing written by the lawyer for British diver Vernon Unsworth, who is suing Musk for defamation.
- Prior to reports about Musk's "low on cash" claims, the Tesla CEO sold a Brentwood, California, mansion for almost $4 million in late August - and that was only one of several properties Musk owns in the Los Angeles area.
- Musk at one point owned at least four known properties worth over $70 million across Los Angeles, Business Insider previously reported.
- The billionaire tech mogul has a net worth of about $23.7 billion, per Bloomberg's latest estimate.
- Visit Business Insider's homepage for more stories.
Filings by the lawyer for the plaintiff in a recent defamation lawsuit against Elon Musk say Musk testified that he's "financially illiquid," despite the Tesla CEO's multi-billionaire status, Business Insider's Mark Matousek reported.
Incidentally, Business Insider's Graham Rapier previously reported that Musk sold a home he owned in late August - and that was just one of several properties he reportedly owns in southern California, per Variety.
Read more: Elon Musk says he's low on cash. He could be right - and it shows how complicated CEO compensation has become.
At one point, Musk owned at least four properties worth over $70 million across the larger Los Angeles area, Business Insider previously reported. And like many ultra-wealthy Americans, he's recently put some property up for sale, too - like the four-bedroom, three-bath home overlooking LA he bought in 2013 for his now ex-wife Talulah Riley.
Keep reading to take a look inside Musk's real-estate portfolio.
Get the latest Tesla stock price here.
At one point, Elon Musk owned several properties collectively worth over $70 million across the greater Los Angeles area, Business Insider previously reported.
Musk bought his first piece of Bel-Air real estate in late 2012.
The Tesla CEO started off by renting the house in 2010; he lived there with his five sons.
He later purchased the mansion for $17 million.
The house has 20,248 square feet of space divided into different wings, with a total of seven bedrooms.
The kitchen features a brick ceiling.
The backyard has a pool ...
... a tennis court ...
... and a view of the exclusive Bel-Air Country Club. The house also has a gym and a wine cellar.
Musk bought the ranch house across the street from the mansion for $6.75 million in October 2013.
Beloved actor Gene Wilder lived there for over 30 years until 2007.
Musk uses the house as a private school for his children, per Variety. And in a 2015 interview with Vogue, the billionaire CEO described it as "like a little schoolhouse on the prairie, except in Bel-Air on a golf course.”
The tech mogul also previously owned this "boomerang-shaped house" in Brentwood, California, about 15 miles northwest of downtown Los Angeles. He paid just under $3.7 million for it in 2014, per the Variety-owned real-estate site Dirt.
That house is surrounded by privacy hedges for security ...
... but has floor-to-ceiling windows throughout to let the light in.
He sold the house for $4 million in late August 2019, Business Insider previously reported.
Musk bought another Bel-Air mansion while it was still under construction for $24.25 million in 2016, Variety reported that year.
Notably, Musk doesn't appear to own a house near the Tesla factory in Fremont, California. He has previously said that he slept on a couch or the floor of a conference room during busy production periods.
- I bought a car wash at 22 years old. It basically runs itself — and I make $5,500 in passive income each month.
- Companies say Elon Musk's plan to charge $1,000 for month for Twitter checkmarks is 'outlandish' and makes them 'meaningless'
- A lawyer who quit to become an OnlyFans performer says she now makes more money and is happier
- A fifth of Indians feel sleepy at work, future worries keep ‘em awake
- Top ChatGPT 4 plugins: From math, physics and language tutor to vacation planner
- Most of India's statewide heat action plans are inadequate to deal with local risks, new CPR report says
- CIRP initiated in cases of DHFL, ABG Shipyard, Bhushan Power & Steel
- Oscar-winner Kartiki Gonsalves joins Nagesh Kukunoor, Mira Nair who made a splash on debut