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Where the 5 Richest People in the World Call Home

In World Finance
January 05, 2024

In the ever-evolving landscape of wealth and opulence, the world’s richest individuals have fascinating stories to tell about where they choose to hang their hats. This article delves into the abodes of the top five wealthiest people globally, providing you with an exclusive glimpse into their luxurious lifestyles. From Elon Musk’s minimalist retreat in Texas to Jeff Bezos’s diverse real estate portfolio, we uncover the residences of these titans of industry.

Elon Musk: Embracing Simplicity in Boca Chica, Texas

Elon Musk, the enigmatic CEO of Tesla and SpaceX, has made headlines not just for his groundbreaking innovations but also for his unconventional housing choices. In 2020, Musk famously tweeted that he would “own no house.” However, the following year, he revealed his primary residence—a prefab abode in Boca Chica, Texas.

This house, reportedly rented through SpaceX, is a modular marvel. The Boxabl Casita, as it’s known, measures approximately 400 square feet and offers a comfortable living space. Complete with a fully equipped kitchen, bathroom, living area, and bedroom, Musk’s Texas dwelling exemplifies his affinity for minimalist living.

Bernard Arnault: The Discreet Luxury of French Elegance

French business magnate Bernard Arnault, the driving force behind LVMH Moët Hennessy Louis Vuitton, is renowned for his contributions to the world of luxury fashion. While Arnault maintains a relatively low profile, his real estate choices speak volumes about his refined taste.

One of his noteworthy properties is an $84 million Beverly Hills mansion, designed by Marmol Radziner. The circumstances surrounding its sale remain shrouded in mystery, adding an air of intrigue to Arnault’s portfolio. Additionally, he owns Indigo Island, a 135-acre paradise in the Bahamas, and a ski chalet in Courchevel, France.

Arnault’s commitment to privacy is evident in his decision to sell his private jet after users on social media began tracking its movements. Despite the challenges of public attention, his influence on the luxury industry remains unwavering.

Jeff Bezos: From Manhattan to Miami, a Real Estate Tycoon

Jeff Bezos, the visionary founder of Amazon, has amassed a formidable real estate portfolio in recent years. His acquisitions include three luxurious apartments overlooking Madison Square Park in New York City, valued at a staggering $80 million.

Bezos made headlines in 2020 when he purchased the iconic Jack Warner estate in Beverly Hills for a jaw-dropping $165 million. In the following year, he expanded his holdings with a $78 million, 14-acre compound in Hawaii, breaking local real estate records. Most recently, he acquired a $68 million estate in Miami’s exclusive Indian Creek Island, known as Billionaire Bunker, where he joins the ranks of high-profile residents like Ivanka Trump.

Despite these lavish purchases, Bezos’s primary residence for several decades has been a sprawling compound in Medina, Washington, situated along the shores of Lake Washington. This impressive estate includes a 20,600-square-foot mansion and an 8,300-square-foot guest house, all nestled amidst breathtaking natural surroundings.

Larry Ellison: Island Living and Technological Prowess

Larry Ellison, the co-founder of Oracle Corporation, ranks as the fourth wealthiest person globally. While he no longer serves as Oracle’s CEO, Ellison remains its Chief Technology Officer and boasts a staggering net worth of approximately $138.2 billion.

Ellison’s real estate portfolio is as diverse as his technological endeavors. He owns homes in Rhode Island and California, but his primary residence is on Lanai, a picturesque Hawaiian island with a population of about 3,000 people. In 2012, Ellison made headlines with his acquisition of 98% of Lanai’s 90,000 acres, a move that significantly impacted the lives of the island’s residents.

Notably, Ellison has sought to create sustainable enterprises on Lanai, supporting locals in launching businesses. Despite his immense wealth, he remains deeply connected to the land and people of this beautiful Hawaiian island.

Warren Buffett: The Omaha Sage’s Humble Abode

Warren Buffett, the legendary chairman and CEO of Berkshire Hathaway, stands as a beacon of wisdom and financial acumen. With a net worth exceeding $120.5 billion, Buffett’s financial empire contrasts with his down-to-earth lifestyle.

Buffett’s primary residence in Omaha, Nebraska, has remained unchanged for decades. He resides in a modest 1921 abode, located just minutes away from Berkshire Hathaway’s corporate headquarters. In his own words, “I’m warm in the winter, I’m cool in the summer. It works out well for me. Buffett’s dedication to simplicity and pragmatism is evidence of his enduring principles.

In conclusion, the world’s richest individuals choose a wide array of residences, each reflecting their unique personalities and priorities. From minimalist retreats to opulent estates, these homes offer a glimpse into the lives of the wealthiest people on the planet.