Criticized for his enormous fortune, Elon Musk had tweeted that he would sell all of his residences. He now lives in a small house closer to his Tesla and SpaceX projects in Texas.

Elon Musk: One of the richest men on the planet lives in this mini-house

In 2020, Elon Musk tweeted that he was promising to sell all of his properties, including six of his mansions. It seems that it is done since the third richest man in the world lives in a "mini-house" of 37 square meters in Texas.

Elon Musk now lives in Texas

The Tesla co-founder and CEO said in June that he currently only owns one home. The businessman has, in fact, sold most of his real estate assets. His current home in Texas is said to be a small, prefabricated house that he leases from his aerospace company, SpaceX.

It was at the end of 2020 that the billionaire declared he would move to Texas. Indeed, it was in the vast southern state of the United States that its two big projects saw the light of day, its new Tesla factory and the installation of its aerospace company SpaceX. He also said that another of his goals, and not the least, would be to raise capital to invest in the conquest of Mars.

Getting back to the latter's real estate business, he would live in a modest 400 square foot (approximately 37 square meters) mansion in Boca Chica. A situation that seems improbable in view of his fortune. Indeed, Elon Musk has the 3rd largest fortune in the world with 169.8 billion dollars, according to the list of billionaires of Forbes. And he now lives in a "folding prefabricated house" made by Boxabl, a hospitality start-up. In fact, the businessman 

Criticized for his disproportionate fortune

The businessman had been the target of much criticism over his enormous fortune last year. In response to these, he then disclosed his intention to sell all of his houses as well as most of his property.

Elon Musk has put up for sale his 47-acre property in Hillsborough, California, halfway between San Francisco and Silicon Valley. It is a 16,000 square foot (1,486.4 square meters) "over 100-year-old mansion" with nine bedrooms and ten bathrooms. It was put on the market for $ 37.5 million, initially purchased for $ 23.4 million in 2017.

In 2020, he also got rid of his Los Angeles residence and his first mansion on Chalon Road, for $ 29 million (he acquired it for $ 17 million in 2012). Most recently, he sold a ranch-style property for $ 7 million that he had bought for $ 6.7 million.

Over the past year, Elon Musk is said to have made an estimated profit of $ 19.2 million from the sale of several residences.

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