California is a lot less Musky.
The Wall Street Journal is reporting that billionaire Tesla founder Elon Musk has off-loaded all of his properties in the Golden State less than two years after he not-so-cryptically announced on Twitter that he would cease being a homeowner.
The SpaceX CEO tweeted “I am selling almost all physical possessions. Will own no house” back on May 1, 2020, and a firesale of the seven homes he and limited liability companies tied to him owned in California — many in the neighborhood of Bel Air — ensued.
In 2019, the Journal reported Musk owned six homes clustered in Bel Air near the Hotel Bel-Air along with a 100-year-old estate in Hillsborough, which is in northern California. All of those homes were purchased between December 2012 and January 2019 for $102 million combined.
But between June 2020 and November 2021, Musk sold off all seven homes, taking in about $128 million — which could add up to an almost $25 million profit, according to the report.
According to neighbors of the Hillsborough mansion who spoke to the newspaper, it’s become a lot more tranquil.
Neighbors say that since the property was purchased by Kirill Evstratov, the 37-year-old founder and CEO of financial tech company Unlimint, things have been almost frighteningly hushed, with little traffic going to and from the house, a complete U-turn from the frequent boisterous gathering and the procession of construction vehicles — and Teslas — that came and went when Musk owned the house.
Other buyers of Musk’s homes include Chinese billionaire and the founder of the mobile gaming company NetEase William Ding; Jordan Walker-Pearlman, the nephew of the late actor Gene Wilder who bought back his uncle’s home from Musk; and Los Angeles developer Ardie Tavangarian, who purchased four of Musk’s Bel Air homes for $62 million in December of 2020, according to the report.
Musk is now living in a home in Boca Chica, Texas that he rents from SpaceX, which has its rocket-launch facility located nearby, according to the newspaper.
[Wall Street Journal] — Vince DiMiceli