The world's richest billionaire Elon Musk lowers the price of his last mansion

The Bay Area mansion with an area of ​​nearly 1,500 square meters of Tesla CEO is currently for sale for $ 31.99 million, down about $ 5.5 million compared to the previous listing, according to information on the Zillow site.

The world's richest billionaire Elon Musk lowers the price of his last mansion
The world's richest billionaire Elon Musk lowers the price of his last mansion

According to the Bloomberg Billionaires Index, Elon Musk is currently the richest person in the world with a net worth of more than $225 billion. In June, Musk shared on Twitter about his final decision to sell the house after more than a year of announcing plans to sell most of the properties he owns.

Musk's mansion is located on Hillsborough, California. The house has a total of 7 bedrooms and 10 bathrooms. Originally built in 1916, it also features a library and music room, along with a completely renovated kitchen and private pool.

Previously, the 50-year-old billionaire said the mansion was being rented for events and if he sold it, the mansion would be used less unless it was purchased by a large family.

Elon Musk lowers the asking price of his California mansion. Photo: Zillow.
Elon Musk lowers the asking price of his California mansion. Photo: Zillow.

Last week, Musk announced that Tesla would be moving its headquarters from California to Austin, citing high housing prices and a long stay in the San Francisco Bay Area that was limiting the company's ability to grow.

In fact, Musk moved to Texas last year when his space company SpaceX was developing a new Starship vehicle and Tesla's new "superfactory" was being built in Austin. Texas is Tesla's third-largest market in the US, behind only California and Florida.

Besides, this state has no personal income tax, while California has the highest personal income tax in the US for wealthy residents.

Google Tech News

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