Elon Musk’s Quest To Unload All His Homes Makes Headway

Elon Musk has had another notch of success in his goal of selling all his Los Angeles properties, which he first offered for sale in a tantalizing series of tweets declaring that he was going to sell almost everything he owns had would have very few possessions.

The first buyer to purchase one of the homes was billionaire William Lei Ding, CEO of Netease
, one of the world’s largest online gaming businesses. Forbes estimates his net worth at $28.2 billion. Lei Ding purchased the largest of Musk’s Bel Air properties, a 7-bed, 11-bath mansion, for $29 million over the summer. This was a million dollars lower than the asking price, but $12 million more than Musk paid for the property in 2012.

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Elon Musk finances 95% of Gene Wilder House’s selling price so actor’s nephew can buy it

Earlier this year, Elon Musk shocked the internet when he announced that he would be selling his Bel Air estates partly as a way to unburden himself from material possessions and partly as a way to remove an attack vector constantly used by his most ardent critics. One of these is a rather unique house previously owned by legendary actor Gene Wilder, who starred as the iconic Willy Wonka in the classic 1971 film Willy Wonka & the Chocolate Factory

When Musk announced his intention to sell all of his houses, he noted that he does have one stipulation for Wilder’s estate. According to the Tesla CEO, the “Gene Wilder House” cannot be torn down as it would lose its soul. This likely limited the number of potential buyers, especially those who were looking to develop the prime lot into something that is perhaps more contemporary. The home, after

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Elon Musk Sells the Gene Wilder House to Wilder’s Nephew

Much as he’s done in business, Elon Musk appears to be blazing his own trail when it comes to buying and selling houses. After listing all six of his Bel Air estates earlier this year to much fanfare, the Tesla and SpaceX tycoon is proving the naysayers wrong, slowly but surely unloading each of the properties — all without the aid of a realtor, apparently.

Four months ago, Musk sold his largest Bel Air mansion to Chinese billionaire “William” Ding Lei for $29 million in cash. Now records reveal he’s unloaded a second house, the former Gene Wilder estate, for exactly $7 million in another off-market deal. That’s $250,000 more than he paid for the property in 2013, a profit that quickly evaporates once taxes and seven years of upkeep costs are factored into the equation.

Interestingly, the new owner is an LLC whose sole manager is Elizabeth Hunter, a

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Elon Musk appears to put more properties up for sale after vow to ‘own no house’

Tesla CEO Elon Musk appears to be selling more multimillion-dollar California homes after vowing on Twitter that he “will own no house” earlier in May, much to the dismay of his girlfriend.


A $62.5 million listing for four Los Angeles homes appeared on Zillow on Wednesday night. The listing describes the property as a “project for the big thinker, designed to showcase one of the best views in Los Angeles — from the city to the ocean and beyond.”

Musk purchased the homes that match the Zillow for-sale-by-owner listing’s description over several years starting in 2015, according to Business Insider.

The properties may be split up for interested buyers, according to the listing, which includes at least one private pool.


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