The world’s richest man, Elon Musk, has once again made news for his entry into the real estate market, especially in Austin, Texas. What is surprising is not the purchase of the property, but the family approach adopted in this project. According to the New York Times, Musk has acquired three adjacent housesApparently to set up a compound where his children and their mother could live, a project that suggests a new chapter in the technology mogul’s personal life.
The acquired properties include a 1,300 square meter mansion reminiscent of a Tuscan villa and a second six-bedroom residence directly behind it, which combined cost approximately 35 million dollars, 32 million euros at the exchange rate. For Musk, who is worth $272 billion, this figure may seem like a modest expense. However, concerns remain over what type of mortgage rate he would have negotiated had he opted for financing, a rare detail in a transaction of his caliber.
The third property is where Musk lives when he’s not immersed in his many businesses He is actively participating in the campaign of former President Donald Trump. The executive has distinguished himself not only as the CEO of six companies, but also as one of the Republican Party’s most prominent donors, raising questions about how he manages his time between family responsibilities and political activities. We do.
The complex he wants to build is not just a personal shelter. According to the New York Times, this project represents a fusion of your existential concerns And its business vision is trying to address growing concerns about birth rates and the future of the planet. Musk has shown that his personal and professional lives are often intertwined, leading to criticism of his role as a father in this new family plan.
At present, only one mother of his children, Shivon Zilis has taken up residence in a mansionHe is with his three children. Grimes, the mother of his three children, is in a custody battle and does not live in the new compound, as does Justine Musk, his first wife and the mother of his five children. This leaves question marks over who will actually reside on the properties and how family relationships will be managed in this specific environment.
There are reasons for choosing Austin as the location for these acquisitions. In addition to being home to several of his companies, Musk has been a strong defender of the cityWhich has established itself as a new technology center. However, the acquisition strategy has not been simple; He is rumored to have offered some homeowners 20% to 70% more than the value of their homes to secure the properties, leading to criticism regarding the ethics of his negotiations.
Despite Musk’s ambitious plans, it remains to be seen how this family resort will fare. Reports indicate that, as of now, only Zilis is living in one of the mansions, while neighbors have begun to notice the tycoon’s presence through the streets in their daily lives. Security has been tightened around. With Musk’s every move, so do the comments from those around him, wondering whether his real estate obsession will translate into a more deeply personal vision or whether he’ll be just another brick in the vast empire he’s built. .
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