Elon Musk Says He Doesn't Own A Home, Sleeps In Friends' Spare Bedrooms

Elon Musk has a net worth of $269.5 billion, according to Forbes. He is currently in the news for his offer to buy micro-blogging website Twitter.

Billionaire Elon Musk - the richest person in the world - has said that he doesn't own a house right now and sleeps in friends' spare bedrooms.

The revelation was made by Musk in a recent interview with TED's Chris Anderson.

“I don't even own a place right now. I'm literally staying at friends' places,” he was quoted as saying by the New York Post.

“If I travel to the Bay Area, which is where most of Tesla's engineering is, I basically rotate through friends' spare bedrooms,” the Tesla CEO added.

“I don't have a yacht, I don't take vacations,” he added. Musk was responding to a question about wealth disparity across the world and the amount of money spent by billionaires.

“I think there's axiomatic flaws that are leading to that conclusion. It would be very problematic if I would be consuming billions of dollars a year in personal consumption, but that is not the case,” said Musk.

"It's not as though my personal consumption is high, with the one exception being the plane. If I don't use the plane then I have less hours to work," he added.

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