Elon Musk doesn't own his own home. The billionaire SpaceX CEO - who Forbes rank as the world's wealthiest billionaire with a worth of $219 billion - insisted his fortune isn't as "problematic" as people may perceive as his "personal consumption" is relatively low because he spends his time staying in friends' spare rooms and never takes holidays.
Speaking to TED head Chris Anderson, he said: "For sure, it would be very problematic if I was consuming billions of dollars a year in personal consumption. "But that is not the case.
In fact, I don't even own a home right now. I'm literally staying at friends' places. "If I travel to the Bay Area, which is where most of Tesla's engineering is, I basically rotate through friends' spare bedrooms. "I don't have a yacht.
I really don't take vacations. It's not as though my personal consumption is high. The one exception is a plane, but if I don't use the plane, then I have less hours to work. " In May 2020, Elon vowed to "own no house" and began selling his last four California homes.
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