3 weeks ago
Last Updated:October 30, 2024, 14:03 IST
Tesla and SpaceX CEO Elon Musk reportedly took a bold step into his real estate venture with the purchase of a 14,400-square-foot mansion in Texas.
Elon Musk with his wife Shivon Zilis, an executive at Musk-owned Neuralink | Image@shivon/X
Tesla and SpaceX CEO Elon Musk reportedly took a bold step into his real estate venture with the purchase of a 14,400-square-foot mansion in Texas for $35 million (Rs 295 crore), designed for his big family including a tribe of 11 kids and their mothers.
The estate features a Tuscan-inspired design villa and includes a property of a six-bedroom mansion that he also purchased adjacent to it, according to a report in The New York Times.
Sources told NYT that Musk was keen on maintaining secrecy, and he made the sellers of the properties sign non-disclosure agreements. “He offered some homeowners 20 to 70 per cent above the value of their houses,” the NYT report said quoting sources.
Reports claimed that the tech billionaire wished for his children and two of their three mothers to reside in these neighbouring properties to “let his younger children be a part of one another’s lives.”
Elon Musk has five children with his first wife, Justine Wilson; the two were married from 2000 until 2008. He has three children with musician Grimes, although they are currently in a legal dispute over kids’ custody. Additionally, Musk has three children with Shivon Zilis, an executive at Neuralink, a company he owns.
The NYT report claimed that Zilis, 38, has already shifted into one of the properties with her children in the estate.
Notably, Musk recently raised alarms over a “financial emergency,” pointing out that annual US government interest payments have now surpassed $1 trillion, exceeding the entire budget of the Defense Department.
Addressing a public campaign for former US President Donald Trump, Musk had said that interest payments now consume 23% of all federal tax revenue, as the national debt has ballooned to $35.7 trillion.
Location :United States of America (USA)
First Published:October 30, 2024, 14:03 IST
News world Elon Musk Buys $35 Million Mansion In Texas For His 11 Children, Their Mothers
