Elon Musk Sells His Home In Los Angeles For $ 29 Million
According to the Wall Street Journal, according to public records, Tesla’s founder Elon Musk sold one of his homes in the Bel-Air area of Los Angeles for $ 29 million.
“I sell almost all physical items,” Musk said.
The report says the buyer is a company affiliated with Chinese billionaire William Ding. William Ding is the founder and general manager of online gaming company NetEase Inc (O: NTES).
According to the report, Musk bought a house for $ 17 million in 2012 from hedge fund Canyon Capital Advisors co-founder Mitchell Julis.
According to the WSJ report, Musk also owns other properties in the region.