By Claudine Zap
There’s wealthy, after which there’s Elon Musk wealthy – a degree of wealth so extraordinary that the billionaire Tesla founder simply landed within the historical past books as the primary particular person to succeed in a internet value of $US400 billion ($A639 billion).
Musk, 53, who additionally based SpaceX and now owns the social media platform X, has held the title of richest particular person on the planet for a while now, having first earned the “honour” again in January 2021, when he surpassed Amazon founder Jeff Bezos to say the highest spot on the checklist of the world’s wealthiest people.
Although he dropped again to the No. 2 spot for a number of months, Musk reclaimed his title in September 2021 – and has remained there ever since, together with his internet value growing by an unlimited quantity within the years since.
Per the Bloomberg Billionaires Index, Musk now boasts a fortune of $444 billion, inching ever nearer to the following notch on his fortune belt: $500 billion.
However whereas the businessman has all however cemented his standing on the high of the worldwide billionaires checklist, there are a number of different names of word within the high 5, together with Bezos. And whereas Musk reigns supreme so far as internet value is anxious, relating to actual property holdings, he’s behind the pack.
The SpaceX founder’s property portfolio is an image of restraint and thriftiness – in contrast to the opposite males within the high 5, from LVMH boss Bernard Arnault to Fb founder Mark Zuckerberg.
Through the years, these males have amassed an unbelievable array of actual property holdings, spending at the very least a small portion of their monumental fortunes on a number of the swankiest properties throughout the U.S. – and past.
Elon Musk
Web value: $444 billion
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Elon Musk. Image: Chesnot/Getty Photographs
The 53-year-old South African born entrepreneur and extra lately, advisor to incoming President Donald Trump, juggles a myriad of revolutionary companies, and his wealth retains breaking information.
Simply weeks in the past, he turned the primary particular person to realize a internet value of greater than $400 billion. And now, he has now exceeded that quantity, together with his present internet value sitting at $444 billion.
Nonetheless, his actual property is rather more modest in scope.
Although he has owned numerous properties previously, in 2020, the billionaire made the stunning resolution to promote “virtually all of his bodily possessions.”
In a collection of posts shared on X, which was then generally known as Twitter, Musk shared that he deliberate to “personal no home,” with studies on the time revealing that he was giving up each property he nonetheless owned.
And regardless of a number of studies suggesting that the billionaire father of 11 is shopping for up megamansions and compounds from Florida to Texas, the one property he’s confirmed to have owned and lived in over the previous few years is an extremely modest house in Texas.
Austin, TX
Elon Musk’s Brownsville, TX, rental. Image: Google Maps
As Realtor.com® beforehand reported, the one property Musk is confirmed to have owned and lived lately is a three-bedroom, ranch-style home that sits only a block from his SpaceX Starbase facility within the Brownsville, TX, neighbourhood of Boca Chica.
The businessman introduced on X that he had moved into the rental property in 2021. “My main house is actually a ~$50K home in Boca Chica/Starbase that I hire from SpaceX. It’s kinda superior although,” he stated.
The Brownsville property that Musk was referring to sits on a grassy avenue that runs right down to the perimeter of Starbase and has a number of comparable properties dotting it.
The house serves because the businessman’s official authorized residence, a standing he confirmed when he visited an area polling station to solid his vote within the 2024 presidential election. He had spent months campaigning for Republican Donald Trump.
“Simply voted in Cameron County, Texas, house of Starbase!” Musk wrote on X on Nov. 5, alongside a picture of himself and several other acquaintances standing outdoors the polling location.
Silicon Valley, CA
Beforehand, earlier than decamping to the Lone Star state, the tech mogul was based mostly within the San Francisco Bay Space, the place he owned a swanky, multimillion-dollar mansion to match.
Situated in Hillsborough, CA, the 1916-era construct provides seven bedrooms and 9.5 bogs throughout 16,000 sq. toes and sits on a 47.4-acre lot – one of many largest parcels of land on the San Francisco Peninsula, the itemizing famous.
Musk picked up the dear property in 2017 for $23,364,000. He later offered it for $30 million in 2021.
Los Angeles
One of many properties that Musk offered off when he rid himself of all his possessions was a historic abode in Los Angeles that was as soon as owned by famed actor, Gene Wilder.
Based on studies, the daddy of 11 purchased the property through a belief in 2013, paying $6.75 million for the house, which is “nestled within the unique Bel Air neighborhood.”
Although he went on to promote it off, it’s clear that the house held a particular place in Musk’s coronary heart, with the entrepreneur noting that his one “stipulation” in his transfer to let go of his materials holdings was that the Wilder home couldn’t be torn down.
In the long run, Musk offered the property to Wilder’s nephew, filmmaker Jordan Walker-Pearlman, even loaning the client a whopping $6.7 million to be able to assist him pay for the $7 million home.
That fairy-tale story turned to a nightmare in August, nevertheless, when it was revealed that Musk had moved to foreclose on the house after Walker-Pearlman fell behind on his mortgage repayments, prompting Musk to file a discover of default.
The house is at the moment listed for $9.5 million.
Jeff Bezos
Web value: $244 billion
Jeff Bezos. Image: Andrew Harrer/Bloomberg through Getty Photographs
As for the second richest man: The Amazon founder might not have top-dog standing as a billionaire, however his actual property is way and away a jaw-dropping assemblage. Bezos, 60, has amassed properties throughout the nation.
His actual property holdings turned the topic of a lot hypothesis in 2022, when he introduced that he and accomplice Lauren Sanchez had been making their main residence in Florida, a transfer that the Amazon founder stated was motivated largely by a need to be nearer to his mother and father.
Nonetheless, in February, it was revealed that Bezos loved one other perk on account of his relocation: saving tons of of thousands and thousands of {dollars} in taxes.
Based on a report by CNBC, the businessman stands to save lots of “at the very least $610 million” in taxes that he would have needed to pay if he was nonetheless dwelling full-time in Washington state.
Seattle, WA
Jeff Bezos has bought three completely different properties in Medina, WA, most lately forking out on a unprecedented, Tudor-style house that was listed for $53 million. Image: Google Maps
Bezos is certainly one of a number of billionaires who personal properties within the ultraexclusive Washington enclave of Medina, which can be house to the likes of Invoice Gates and former Microsoft govt, Charles Simonyi.
4 years after he based Amazon, Bezos — who’s value $244 billion — spent $10 million, together with now-ex-wife MacKenzie Scott, shopping for up two properties that sit on a 5-acre plot within the Hunts Level neighborhood. In 2010, the duo reportedly spent $28 million to extensively renovate the property, which boasts 310 toes of personal shoreline and its personal boathouse.
So as to maximize house (and privateness), Bezos additionally bought an adjoining property in that very same yr – an expansive 24,000-square-foot mansion that was reportedly listed for $53 million, though it’s unclear whether or not the Amazon CEO paid that hefty sum or managed to snag a reduction.
That house would finally function the enterprise mogul’s main residence for the following decade till 2023, when he introduced his transfer to Florida. Nonetheless, he seems to be holding on to his Seattle stake at the very least for now.
Indian Creek Island, FL
Amazon founder Jeff Bezos now owns three properties on ultra-exclusive Indian Creek Island in Florida, also called Billionaire Bunker. Image: Getty
Bezos launched his e-commerce firm in Washington state within the mid-Nineteen Nineties and constructed an unlimited compound there. Nonetheless, he’s since declared that Florida is his new state of selection. And he has the properties to show it.
The billionaire now owns three dear locations on Indian Creek Island, the third he picked up for a reported $90 million in 2024. Based on studies, he plans to raze the opposite two properties, which he picked up for a mixed $147 million, and dwell in the latest buy whereas awaiting building to finish.
Indian Creek Island, which is named “Billionaire Bunker” due to its residents’ extraordinary wealth, can be house to the likes of Ivanka Trump and Tom Brady, though Bezos is known to be its richest inhabitant.
The neighbourhood, which includes simply 34 properties and 40-odd residents, is guarded by its very personal police drive, making certain the utmost security for its rich householders.
Washington, DC
The outdated Textile Museum was bought by Amazon founder Jeff Bezos in 2017. Image: Ricky Carioti/The Washington Publish through Getty Photographs
The proprietor of the storied Washington Publish owns a equally storied property within the nation’s capital, dropping a reported $23 million for the compound in 2017. The acquisition contains two giant, historic buildings and a chauffeur’s residence and storage, totalling almost 27,000 sq. toes of inside house.
The whole lot measures greater than 34,000 sq. toes, with landscaped gardens and lawns. It had been marketed as “excellent for a faculty or embassy or an distinctive non-public house.”
New York Metropolis, NY
The Blue Origin founder additionally has an enormous pied-à-terre in New York Metropolis. He owns a $16 million, three-bedroom house, bought in 2020. That’s along with $80 million value of items within the constructing, together with a three-story penthouse and two residences on the extent proper under it. In 2019, constructing permits had been filed to mix the items.
Beverly Hills, CA
Jeff Bezos purchased the Warner property in Beverly Hills in 2020. Image: Google
The lavish spending continued to the West Coast, the place in 2020, Bezos dropped a file $165 million for David Geffen‘s Los Angeles mansion, the Wall Avenue Journal reported. Generally known as the Warner Property, the 9-acre unfold was constructed for the now-late former president of Warner Bros, Jack Warner.
The parcel options “expansive terraces, sprawling gardens, a number of visitor homes, a tennis courtroom and its personal 9-hole golf course,” in keeping with the WSJ.
Maui, HI
The Amazon founder reportedly added another property to his cart. The billionaire and his accomplice, Lauren Sánchez, picked up a 14-acre property on the Hawaii island of Maui. The price of the off-market transaction was reported to be within the neighbourhood of $78 million.
The providing is claimed to incorporate a 4,500-square-foot foremost home, a 1,700-square-foot guesthouse, and a 700-square-foot pool. The holding encompasses seven parcels of land and a fish pond with a non-public, white-sand seashore.
Mark Zuckerberg
Web value: $207 billion
Mark Zuckerberg. Image: Christophe Morin/IP3/Getty Photographs
Meta CEO Zuckerberg, 40, has splashed out a substantial sum of money on his actual property empire. The Fb co-founder owns dear properties in Palo Alto, Lake Tahoe, and Hawaii.
Palo Alto, CA
The location of the beginnings of social media platform Fb, Palo Alto is also the place the tech entrepreneur put down roots. In 2011, he picked up his first house there — a $7 million residence within the Crescent Park neighbourhood.
Inbuilt 1903, the restored house provides 5,617 sq. toes, wooden flooring, a saltwater pool, banquet-size eating room, glassed-in sunroom, 5 bedrooms, and 5 bogs.
It wouldn’t be his final: After Zuckerberg’s marriage to Priscilla Chan in 2012, the 2 invested in 4 extra surrounding properties, for a complete of $30 million, in keeping with Architectural Digest.
Lake Tahoe, CA
The Chan-Zuckerbergs have spent years vacationing on the shores of Lake Tahoe and, in 2018 and 2019, the tech mogul snapped up two properties within the space for a mixed $59 million.
One of many properties, generally known as the Carousel Property, has already been razed, and plans are reportedly in place for a sprawling compound of almost 10 acres. The plans embrace a “20,000-square-foot, 35-foot-tall foremost residence with a timber and glass facade,” together with “a brand new bunkhouse, a fitness center, a gatehouse, a number of guesthouses, and workplaces,” in keeping with Forbes.
The compound will embrace nature trails, walkways, and extra improvement.
Kauai, HI
If the household actually desires to get away, they’ll head to their unfold on the Hawaii island of Kauai.
In 2014, the Chan Zuckerbergs reportedly shelled out $100 million for 2 large tracts of land on Kauai’s North Shore, making a 700-acre unfold for household getaways.
The land has 2,500 toes of ocean frontage in addition to a working natural farm. The couple made plans to construct a 6,100-square-foot, two-bedroom residence on the property, together with a 16-bay storage complicated and a “ranch administration constructing” that features keycard-protected workplaces and safety headquarters.
However the land seize continued. In 2021, Zuck and Chan bought a reported 595.4 acres for $53 million from the nonprofit Waioli Company. This property is adjoining to the land purchased in 2014. That very same yr, they scooped up one other 110 acres for $17 million. The land reportedly features a former sugar planation and the Ka Loko reservoir.
Larry Ellison
Web value: $190 billion
Larry Ellison. Image: David Paul Morris/Bloomberg through Getty Photographs
Oracle co-founder Ellison, 80, is not any slouch in the actual property division. He’s stated to personal a number of properties in idyllic seashore cities, from Malibu to Lanai.
Malibu, CA
Ellison has turn into generally known as a “Malibu actual property mogul,” shopping for his first Carbon Seaside property again in 2002.
In 2018, he made headlines with the acquisition of Hollywood producer’s Joel Silver’s Malibu, CA, seashore home for $38 million.
As well as, he has reportedly amassed 11 different properties within the coastal metropolis. He additionally is claimed to have paid $20 million for the Casa Malibu Inn in 2007.
Lanai, HI
Billionaire Larry Ellison owns 98% of the island of Lanai in Hawaii. Image: Getty
This serene island in Hawaii reportedly has no site visitors lights. However it does have some swanky resorts and one high-profile resident: In 2012, Ellison purchased the 2 motels in addition to the land holdings that quantity to 98 % of the island for a reported $300 million. His buy included “87,000 of the island’s 90,000 acres of land.”
The tech mogul has since up to date the motels and added enhancements to the island, akin to some farming operations, with a watch towards turning the island right into a sustainable mecca.
The island has lovely seashores, a Jack Nicklaus-designed golf course, and eating and resort facilities within the high-end motels.
North Palm Seaside, FL
Within the Sunshine State, Ellison has additionally made his mark. In April 2021, Ellison paid $80 million for a premium waterfront property with the intention of tearing it down. Over a yr later, Ellison by no means acquired round to razing this house. As an alternative, he examined the market with an ask of $145 million for his property in Seminole Seaside Property.
Nonetheless, the itemizing by no means appeared to have led to a deal, and that property is now listed off market.
Ellison’s property is the third-largest oceanfront parcel in Palm Seaside County. It’s positioned in a gated group with 24/7 safety.
At 7.35 acres, the parcel is certainly one of solely a handful of properties within the state that may accommodate a non-public helipad. The property comes with 520 toes of ocean frontage.
In 2022, the entrepreneur made one other splashy buy: The wheeler seller dropped a record-setting $173 million on one other Florida property south of Palm Seaside, in Manalapan.
Newport, RI
The customer’s urge for food for the seashore additionally introduced him to a historic enclave of Newport, RI, the place he’s stated to personal 4 properties within the space, together with the Astors’ former mansion, which he apparently bought for $10.5 million in January 2010. He’s stated to have spent an astonishing $100 million to renovate it for a deliberate Beechwood Artwork Museum.
San Francisco, CA
Ellison picked up this San Francisco mansion in 1988. Image: Google
The San Francisco Bay Space resident has apparently additionally had a long-time house in San Francisco‘s Pacific Heights neighborhood. He picked up the William Wurster-designed mansion in 1988, paying a reported $3.9 million that’s valued at over $9 million as we speak. Inbuilt 1958, the over 10,000-square-foot structure contains 5 bed room and 6 baths.
Years later, in 2011, he apparently picked up the house subsequent door for a reported $40 million.
Bernard Arnault
Web value: $176 billion
Bernard Arnault. Image: Ludovic Marin/AFP through Getty Photographs
The chair of LVMH, Arnault, 75, is the one top-five billionaire dwelling outdoors the U.S. The luxe purveyor, who has been known as a “wolf in a cashmere coat,” has amassed an equally lavish property portfolio. The top of one of many world’s largest luxurious conglomerates would naturally have some deluxe actual property to match.
Paris
Reportedly, the French businessman owns properties the world over. However his house base is Paris.
Set on 12 acres, the palatial house reportedly took him 10 years to finish and is claimed to be valued at $200 million. The unbelievable setting provides up 7,000 sq. toes with 12 bedrooms and 12 baths. The property features a non-public lake, tennis courtroom, and underground parking.
Beverly Hills, CA
Arnault additionally has put some stakes down within the U.S., with an eye-popping buy in California. In 2022, he’s stated to have bought a lavish, $121 million mansion within the Trousdale Estates part of Beverly Hills. The ten,000-square-foot unfold is claimed to be certainly one of 5 swanky mansions he owns within the space, including as much as “a number of hundred million {dollars}.”
He’s additionally stated to personal a home in a French ski resort within the Alps, together with a $13 million villa in St. Tropez, and a 135-acre non-public retreat within the Bahamas, reportedly bought for $137 million.
This story was first revealed on Realtor.com on 23 December, 2024
