The richest man in the world doesn't own a home and crashes on friends couches.
In a video interview published Monday with Chris Anderson, head of conference organizers TED, Musk said that he doesn't own a place right now.
If I travel to the Bay Area, which is where most of the engineering of the company is, I usually go to friends' spare bedrooms.
Musk, who has an estimated net worth of $251 billion, was responding to Anderson, who said that many are offended by the concept of billionaires. US lawmakers have criticized mega-billionaires like Musk for their low tax bills.
It would be very problematic if I was spending billions of dollars a year in personal consumption, but that is not the case, Musk told Anderson.
It is not as though my personal consumption is high. He acknowledged that he had less hours to work if he did not use the plane.
Musk said that he doesn't have a permanent home despite being the world's richest person.
Over the years, the billionaire's friends have commented on his thrifty habits.
In May 2020, Musk said he would sell his possessions and not own a house.
In a recent interview with Vanity Fair, Musk said that he sometimes lived below the poverty line.
In 2015, Larry Page said that when Musk visited Silicon Valley, he would e-mail him to say he didn't know where to stay. Can I come over?
Musk spoke with Anderson live at a TED conference on April 15 and addressed the ongoing saga that is his attempt to buy the company.
Musk said that he had a backup plan in case of a rejection of his $43 billion bid.
During the live event, Musk said that it was possible he could not acquire the company, but that he could afford it.
He said that he has enough assets. Musk has a stake in the company and most of his fortune is tied up in it.
Musk is going to fight. On Friday, the company said it would use a poison pill defense. This increases the total number of shares by making it harder for anyone to acquire all of a company's stock, according to Insider's Gabrielle Bienasz.
Anderson asked Musk how upset he was with comments about him and other billionaires being too wealthy.
Musk said that it was water off a duck's back.
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