Tesla CEO and richest person in the world, Elon Musk, has said he does not own a home.
During a recent video interview, Musk responded to comments on criticisms billionaires receive as a result of their wealth when he made the revelation.
“I don’t even own a place 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,” he said.
Musk agreed that his wealth was massive, adding that he also agreed it would be problematic if he was spending excessively on personal luxuries but that was not the case.
“For sure, it would be very problematic if I was spending billions of dollars a year in personal consumption, but that is not the case,” he said.
The billionaire said he did not have a yacht or really take vacations but he does have a personal plane.
“It’s not as though my personal consumption is high. I mean, the one exception is the plane, but if I don’t use the plane then I have less hours to work,” he explained.
Friends and associates of his have acknowledged his frugal ways over the years.
During an interview with Vanity Fair last month, Musk’s current partner, Grimes, revealed that he doesn’t live like a billionaire at all.
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