Take A Look Around The $29m Home Elon Musk Just Sold To A Tech Billionaire

21 June 2020
Elon Musk, Lifestyle, Home, CEO, Tesla, Billionaire, Bel air Mansion, Spacex
Images: Zillow
One of seven he had listed, coming to over $100 million in total

Elon Musk: rocketman, automobile industry revolutionary and property mogul. Musk, you see, owns a lot of homes; six in Bel Air, alone. But that’s all about to change.

As he suggested during his last appearance on Joe Rogan’s podcast, Musk is looking to downsize, to rid himself of all his worldly possessions and “own no house”. Well, in order to achieve that zen state of homelessness, he first has to sell them.

Image: Zillow

In May he tweeted “I am selling almost all physical possessions. Will own no house.”

That lead to him listing seven different properties for sale, totaling more than $100 million.

Image: Zillow

And now, as first reported by The Wall Street Journal, the man behind Space X has managed to sell his main Bel Air residence for $29 million, in cash, securing him a cool $12 million profit in less than eight years.

Image: Zillow

His buyer? William Ding Lei, a tech entrepreneur who was once named the richest man in China. According to Forbes, Lei is currently worth $25 billion. Ding already owns property in the area, a $17 million home in Silicon Valley, not far from the late Steph Curry’s $31 million property.

Image: Zillow

Ding’s new 16,000 square foot, 7-bedroom, 11-bathroom mansion has a swimming pool, spa, patios and views for days (think the Pacific Ocean and Catalina Island). There are tennis courts and manicured lawns, poolside terraces and fire pits, all of which add to the charm of the place.

Image: Zillow

Musk now has five Bel Air properties remaining, and only last year sold a $3.9 million Brentwood property that he’d never actually lived in. Instead he bought it for his ex-wife.

Image: Zillow

He will also have to shift his 47-acre estate in Hillsborough, Califonia, too. The asking prince for that? $35 million. What a time to be a real estate agent in Bel Air.