The world’s richest man says he doesn’t have his own house and sleeps on his friends’ sofas.
“Right now I don’t even have a house, I’m literally staying with friends,” Elon Musk said in an interview published Monday with TED chief conference organizer Chris Anderson.
“If I’m traveling in the Bay Area, where most of Tesla’s engineering is, I’m basically shooting in spare rooms of spares,” Musk added, according to a Business Insider article.
Musk, who has an estimated net worth of $251 billion according to Bloomberg, was responding to Anderson’s comment that many are offended by the concept of billionaires, given global wealth inequality. Indeed, some US lawmakers, like Senator Elizabeth Warren, have also criticized megatrillionaires like Musk for their relatively low tax payments.
“Of course, it would be very problematic if I was spending billions of dollars a year on personal consumption, but that’s not the case,” Musk told Anderson, noting that he doesn’t own a yacht or go on vacations. vacation, although he is famous for having a personal jet.
“It’s not that my personal consumption is high. I mean, the only exception is the plane, but if I don’t use the plane, I have less hours to work,” he said, before acknowledging that his net worth was, however, “incredible”.
Musk’s comments appear to be his first confirmation that he has no permanent home despite being the richest person in the world.
Recall that in May 2020, he tweeted his intention to sell all his possessions and that “he would not have a house”. In August 2021, Business Insider reported that Musk would be living in a small $50,000 prefab, which he rents from SpaceX.
Additionally, in a recent interview with Vanity Fair, Musk’s partner Grimes said he sometimes lives “below the poverty line.” And, in fact, he refused to buy a new mattress after his side had a hole in it, she said.
In 2015, Google co-founder and then-CEO Larry Page said that sometimes when Musk visited Silicon Valley, he emailed Page and said, “I don’t know where to stay tonight. I can go?”.
Musk’s interview came after he spoke to Anderson live at a TED talk on April 15, addressing the ongoing saga that is his attempted takeover of Twitter.
For his part, Musk said he has a back-up plan in case Twitter rejects its $43 billion offer, but declined to provide details.
During the live event, Musk said he might not be able to acquire the company, but said “technically” he could.
“I have enough assets,” he said, without giving further details. Most of Musk’s personal fortune is tied to his stake in Tesla.
On Friday, Twitter announced that it would adopt a “poison pill” defense. Insider’s Gabrielle Bienasz reported that it “essentially devalues every share of a company by increasing the total number of shares, making it harder for one person or group to acquire all the shares of a company. business”.
On the other hand, Musk said a hypothetical price of $100,000 for a ticket on his shuttles to Mars should be affordable for most people.
Musk’s company, SpaceX, plans to build a self-sufficient city on the Red Planet in the coming decades.
Anderson asked if it might cost a few hundred thousand dollars.
Musk said the price would be determined in part by economics, but also by the need to make travel to Mars affordable enough to attract the roughly one million people of the kind needed to build a city on Mars. .
“If it costs, say, $100,000 to go to Mars, then I think almost anyone can work and save and eventually have $100,000 and be able to go to Mars if they want to,” Musk said. .
“We want to make it accessible to anyone who wants to go,” he said.