• iconNews
  • videos
  • entertainment
  • Home
  • News
    • UK News
    • US News
    • Australia
    • Ireland
    • World News
    • Weird News
    • Viral News
    • Sport
    • Technology
    • Science
    • True Crime
    • Travel
  • Entertainment
    • Celebrity
    • TV & Film
    • Netflix
    • Music
    • Gaming
    • TikTok
  • LAD Originals
    • Say Maaate to a Mate
    • Daily Ladness
    • Lad Files
    • UOKM8?
    • FreeToBe
    • Extinct
    • Citizen Reef
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube

LAD Entertainment

YouTube

LAD Stories

Submit Your Content
World's Richest Man Elon Musk Says He Doesn't Own A Home

Home> News

Updated 08:34 18 Apr 2022 GMT+1Published 08:33 18 Apr 2022 GMT+1

World's Richest Man Elon Musk Says He Doesn't Own A Home

Elon Musk says he spends much of his time staying in friends' spare rooms

Tom Wood

Tom Wood

Elon Musk – the richest man on the planet – claims he doesn’t actually own a house and spends most of his time skipping between the various spare rooms of friends.

Musk, who has an estimated wealth of $264.6 billion (£203.2 billion), seemingly relies on the generosity of his mates for somewhere to kip while he’s working.

In a video interview with Chris Anderson, who is the head of the conference company TED, Musk said: "I don't even own a place right now, I'm literally staying at friends' places.

"If I travel to the Bay Area, which is where most of Tesla's engineering is, I basically rotate through friends' spare bedrooms,"

Advert

Well, it’s certainly true that people don’t become super rich by being frivolous with the money that they have.

Elon Musk.
Alamy

Elon isn’t exactly short of a couple of quid though.

To be fair, he could probably buy a flat every night and repeat the process every day with the amount of cash he’s hoarding.

Musk was being pressed by Anderson about the attitude some members of the public have towards billionaires, with specific reference to how much tax some of the world’s wealthiest people pay, and the fact that some people have more money than they need and others have absolutely nothing.

Advert

Musk said: "For sure, it would be very problematic if I was spending billions of dollars a year in personal consumption, but that is not the case.”

The Tesla founder went on to say that he doesn’t own a private yacht or go on fancy holidays, though he does own a private jet – as you might already know.

"It's not as though my personal consumption is high,” he said.

“I mean, the one exception is the plane, but if I don't use the plane then I have less hours to work."

That being said, Musk did accept that his own personal fortune is ‘bonkers’.

Advert

Elon Musk.
Alamy

While this seems to be the first comments he’s made about not owning a house, Musk’s spendthrift ways have been discussed before.

In May 2020 he said he would ‘own no house’ and sell all of his possessions.

Then, it was reported that he lived in a pre-fabricated house owned by SpaceX that cost just $50,000 (£38,383).

His ex Grimes also said he would sometimes live ‘below the poverty line’.

Advert

Google co-founder Larry Page has also opened up about Musk’s sofa-surfing.

He claims Musk once emailed him, writing: "I don't know where to stay tonight. Can I come over?"

Featured Image Credit: Alamy

Topics: Weird, US News, Elon Musk, Money, Celebrity

Tom Wood
Tom Wood

Tom Wood is a LADbible journalist and Twin Peaks enthusiast. Despite having a career in football cut short by a chronic lack of talent, he managed to obtain degrees from both the University of London and Salford. According to his French teacher, at the weekend he mostly likes to play football and go to the park with his brother. Contact Tom on [email protected]

X

@TPWagwim

Advert

Advert

Advert

  • Elon Musk on track to become world's first person to have $1,000,000,000,000 net worth by 2027
  • Elon Musk says he could build '£20 billion tunnel' from London to New York that would take 54 minutes
  • Elon Musk weighs in on England flag debate as tensions rise in UK
  • Why Elon Musk and Grimes were forced to change name of their child after less than a month

Choose your content:

13 mins ago
an hour ago
12 hours ago
  • Rick Friedman/Rick Friedman Photography/Corbis via Getty ImagesRick Friedman/Rick Friedman Photography/Corbis via Getty Images
    13 mins ago

    Disturbing note added to Jeffrey Epstein's computer as police release new footage

    New footage has been released from inside one of Epstein's homes

    News
  • Miami-Dade Sheriff’s OfficeMiami-Dade Sheriff’s Office
    an hour ago

    British woman 'grabs crying child from airport queue and refuses to give him back'

    Alvina Omisri Agba, 23, and the young boy's mother were allegedly left 'wrestling' over him

    News
  • (Kevin Trimmer/Getty Images)(Kevin Trimmer/Getty Images)
    12 hours ago

    Gel nail polish now banned in Europe due to toxic ingredient

    Make sure you take note of this ingredient

    News
  • (Alex Wong/Getty Images)(Alex Wong/Getty Images)
    12 hours ago

    Internet spots the same detail about Trump's hands at first press conference since 'death' rumours

    The president brushed the rumours off as 'so fake'

    News