5 things world's richest man Elon Musk says he will never own

Elon Musk is the world’s richest person, but he doesn’t live like a typical billionaire. The Tesla and SpaceX CEO has a total net worth of $409 billion, as per Forbes. He once said that he avoids spending money on things most wealthy people enjoy – like mansions, fancy food or expensive cars. Musk, on the contrary, prefers a simple lifestyle with very few belongings. In Twitter post in May 2020, he wrote “I am selling almost all physical possessions. Will own no house”. The tech billionaire, in a Joe Rogan podcast has also said “I think possessions kind of weigh you down. They're kind of an attack vector.” Over the years, Musk has made it clear that he doesn’t care much for luxury, even if he can afford it. Here are five things that he said will never own



Elon Musk sold 7 homes in 2 years


Between 2020 and 2021, the billionaire sold seven of his California homes for about $100 million. The tech CEO, then reportedly moved into a smaller Boxabl home near the SpaceX site in Texas. According to reports, the house is only 375 square feet in size, which is smaller than some studio apartments, and is worth $0,000.


Musk learned to survive on $1 a day for food

During a previous interview on Neil deGrasse Tyson's, the X owner said that during his early startup days, he lived on fast food and spent every spare dollar on his business. He stated that at 17 he tested if he could live on just $1 a day for food.


Describing the experiment as "StarTalk", Musk then said “In America it’s pretty easy to keep yourself alive. So my threshold for existing was pretty low. I figured I could be in some dingy apartment with my computer and be okay, and not starve.”


Google founder Larry Page about Elon Musk crashing at his home


Google co-founder Larry Page has previously shared that Musk sometimes asked to crash at his house when he had nowhere else to stay. In a 2022 TED talk, Elon Musk said, “I don't even own a place right now, I'm literally staying at friends' places.”


Elon Musk owns no expensive furniture

Musk’s former partner Grimes once told Vanity Fair that he lived “at times below the poverty line.” During the interview in March 2022, she said “Bro does not live like a billionaire” adding “Bro lives at times below the poverty line.”


She then recalled staying in a “$40,000 house” with no security and a mattress that had a hole in it. Instead of replacing the mattress, Musk told her they should just “switch sides.”


Elon Musk crashed a McLaren, but never replaced it

According to a Benzinga report, Musk once bought a $1 million McLaren F1 but crashed it while showing it off. “Watch this,” he said before losing control of the car. It flew into the air and crashed.


“It wasn’t insured,” he later admitted. The billionaire never replaced it and now mostly drives Tesla cars.