Put your money where your mouth is and he does! Elon Musk Sells Bel-Air House to Chinese Billionaire for $29 Million

NASDAQ: TSLA Chief Executive Officer  Elon Musk tweets “I am selling almost all physical possessions. Will own no house,”

Elon Musk Net worth was estimated at $59 billion. Mr. Musk Sells Bel-Air House to Chinese Billionaire for $29 Million. The buyer is founder and  Chief Executive officer of online gaming firm Net Ease , owned by the Chinese billionaire William Ding  Net worth‎: ‎US$15.3 billion (June 2019)  .

Mr. Musk originally purchased  the house from Mitchell Julis, co-founder of hedge fund Canyon Capital Advisors.

Tesla, Inc. (TSLA) Nasdaq CEO Elon Musk is a South African-born American entrepreneur and businessman who founded X.com in 1999 (which later became PayPal), SpaceX in 2002 and Tesla Motors in 2003.

Major Holders

20.51%  % of Shares Held by All Insider

57.93%  % of Shares Held by Institutions

72.87%  % of Float Held by Institutions

1,319     Number of Institutions Holding Share

Top Institutional Holders

Holder  Shares  Date Reported  % Out    Value

Baillie Gifford and Company        12,076,416           Mar 30, 2020      6.51%    6,328,041,984

Capital World Investors 10,714,131           Mar 30, 2020      5.78%    5,614,204,644

Vanguard Group, Inc. (The)          8,662,781             Mar 30, 2020      4.67%    4,539,297,244

Blackrock Inc.     7,213,587             Mar 30, 2020      3.89%    3,779,919,588

FMR, LLC              4,615,556             Mar 30, 2020      2.49%    2,418,551,344

Jennison Associates LLC 4,320,630             Mar 30, 2020      2.33%    2,264,010,120

State Street Corporation               3,095,851             Mar 30, 2020      1.67%    1,622,225,924

JP Morgan Chase & Company     2,816,285             Mar 30, 2020      1.52%    1,475,733,340

Goldman Sachs Group, Inc.          2,702,701             Mar 30, 2020      1.46%    1,416,215,324

BAMCO Inc.        1,615,174             Mar 30, 2020      0.87%    846,351,176

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