How Musk spends his money … shocking details about the life of a billionaire

While many believe that the CEO of “Tesla” and “SpaceX” Elon Musk He lives a luxurious life in every detail, but the reality seems to be completely different.

One of the world’s richest men lives a very modest life as a “billionaire”.

Musk, who has a fortune estimated at $215.4 billion, insists that he is rich in the assets of Tesla and the space company “X Space”, but he is poor in terms of liquidity, and he has repeatedly said in the past, “It is important to understand what wealth is,” adding, “My bank balance is low. Very, very, at least until I sell the stock.”

It is therefore not surprising that this controversial man is known for his eccentric economic habits.

Here are details regarding the life of the CEO of “Tesla” and “SpaceX”, and how the world’s richest people live? According to the newspaper, “The Sun”.

He doesn’t have a home

In March of this year, Musk sold the last of his seven luxury Los Angeles properties.

Luxurious home of Elon Musk

In 2020, the American billionaire tweeted:I sell all material possessionsI won’t own a home.”

But needing a place to stay near SpaceX in Boca Chica, Texas, the controversial man first rented a 20-by-20-foot prefab building, then bought a $45,000 tiny house near his office. He admitted it was a small house, and did some DIY to give it more space.

Elon Musk's prefab house

Elon Musk’s prefab house

Below the poverty line

Even his ex-girlfriend, Canadian singer Grimes, who lived with him in Boca Chica, Texas, wasn’t happy with his stinginess and unwillingness to even buy food.

“Elon Musk doesn’t live like a billionaire… he sometimes lives below the poverty line,” she told Venture Fair this year, noting that she lived with him in a very unsafe house worth $40,000.

She also mentioned that the American billionaire refused even to buy them a new mattress when their mattress was damaged.

Elon Musk and his ex-girlfriend Grimes

Elon Musk and his ex-girlfriend Grimes

$30 shirt

Musk is known to wear specific outfits, which are black or blue jeans with a black T-shirt. And sometimes he wears the shirt of his space company “X Space”, which bears the words “Occupy Mars” and its price is only $ 30 and is sold on the SpaceX website.

Elon Musk wears a hairy T-shirt Conquer Mars

Elon Musk wears a hairy T-shirt Conquer Mars

A luxury watch.. and masquerade parties

On the other hand, the rich American is not afraid to spend his money to attend fancy masquerade parties, in remarkable costumes, as he attended a party in 2015 in a pharaonic costume.

And he had confirmed years ago that he had rented an entire English medieval castle for his thirtieth birthday.

He was also spotted wearing a luxury TAG Heuer Carrera Caliber 1887 watch valued at around £4950.

Elon Musk dressed as a pharaoh at a masquerade party

Elon Musk dressed as a pharaoh at a masquerade party

In addition, Musk, 50, has lived an almost vacation-free life. Since founding SpaceX, he has taken just two weeks of vacation in 12 years.

In 2018, he told the New York Times, “There were times when I didn’t leave the factory for three or four days,” adding, “This really came at the expense of seeing my kids and friends.”

Divorce and expensive expenses

In addition, Elon spent huge sums on three fairly expensive divorces.

His first divorce from Canadian writer Justin Musk, chief technology officer, cost him regarding $20 million in 2008.

Then he had to borrow from friends following putting all of his money into his company, Xspace, according to Business Insider.

He also married actress Talula Riley in 2010, but they separated twice, the first in 2012 and another in 2013. The divorce cost him an amount of $16 million.

Musk's wife, actress Tallulah Riley

Musk’s wife, actress Tallulah Riley

Although he has nine children, it is not clear if he is paying child support.

In Texas, where the American billionaire lives, there is a maximum child support of $9,200 per month.

James Bond movie car

Before selling all of his possessions in 2020, Musk was fond of a luxury car for James Bond. He spent $1 million in 2013 on a submarine vehicle known as the Wet Nellie. But Musk didn’t realize that the car was for cinematic purposes only.

James Bond movie car

James Bond movie car

“I was disappointed to learn that it really mightn’t be changed,” he said.

He also bought a McLaren F1 for $1 million following selling the Zip2 company founded by his brother Kimball.

McLaren accident

But in 2000, he had an accident while riding it while on his way to a meeting with investors. He later revealed that he had given up on the car, saying: “McLaren is a great car.”

He added, “It’s a masterpiece, but I didn’t want people to always write that I had a high-performance petrol sports car, so I decided to sell it.”

In his spare time and on the weekends, Musk prefers watching television, especially anime and documentaries. He is said to be paying an $8.99 monthly subscription to Netflix.

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