It's obvious that once you become the richest man in the world, frugality doesn't necessarily have to be a priority. But that doesn't hold true for Musk. Whatever the reason, the South African billionaire isn't using his wealth to buy a home.
Elon Musk is the richest man in the world.
Musk was addressing critics of billionaires like himself, stating, "I think there are some axiomatic flaws that are leading to that conclusion." He continued, "If, for sure it would be problematic if I was consuming billions of dollars a year in personal consumption but that is not the case."
His former partner, Grimes, even had something to say about Musk and how he spends his money — or doesn't.
"Bro lives at times below the poverty line," Grimes commented, "To the point where I was like, can we not live in a very insecure $40,000 house? Where neighbors, like, film us, and there's no security, and I'm eating peanut butter for eight days in a row?" One can deduce that even though Musk is insanely rich, he doesn't live like it.
But is Elon Musk really homeless?
In an interview with TED, Musk revealed that he doesn't own a home and frequents the spare bedrooms of his friends. "I don't even own a place right now, I'm literally staying at friends' places.," he said, "If I travel to the Bay Area, which is where most of Tesla's engineering is, I rotate through my friend's spare bedrooms."
It would be hyperbolic to say that, since Musk doesn't own a home, it means he is homeless. There are a few conclusions one can come to regarding Musk's living situation. Considering the comments of his former partner and Musk himself, Elon does have somewhere to stay, it just may not be a home he bought or leases long term. Keeping in mind the number of children he has, including his newborn Exa Dark Siderael Musk, his second child with Grimes, he has to have somewhere to stay. Right? Hopefully.
In an interview with Vanity Fair, Grimes stated that she and Elon are not a traditional couple and that they don't live together. "We live in separate houses." One can insinuate, based on this quote and Elon's about his living situation, the billionaire isn't really homeless, he just doesn't own a home.