SpaceX and Tesla founder Elon Musk has claimed he is homeless and is sleeping on friends' spare beds despite reports indicating that he is the world's richest man.
Entrepreneur Musk revealed his current property problem in an interview with TED, where he said he currently did not have a home and was instead staying with friends in the San Francisco Bay Area.
The homeless billionaire claims to be living near the Tesla HQ when working in the city, and that he was "literally staying at friends' places".
The 50-year-old said "I don't even own a place right now" and that he "rotates" through his "friends' spare bedrooms".
Musk defended himself and his wealthy fortune after admitting that he does not own a yacht and does not take holidays.
He said: "I don't have [a] yacht, I don't take vacations, so its not as that my personal consumption is high. One exception is a plane but if I don't use the plane I have less hours to work."
The defence of his wealth comes after TED's Chris Anderson asked the multi-billionaire about people who were "hugely offended" by billionaires before making the claims about his living situation.
Speaking of those offended by his wealth, Musk said: "I think there's some axiomatic flaws that are leading to that conclusion. 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."
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The comments from Musk come a month after his long-term on-and-off partner Grimes claimed he "does not live like a billionaire".
Musk's estimated net worth is currently $251bn (£207bn) and lists him as the richest individual in the United States.
The SpaceX founder is currently in the process of investing $43bn (£33bn) in Twitter, but is facing setbacks from the company board, The Independent reports.
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- Elon Musk
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