Elon Musk: The World’s Richest Man Who Calls a 36-Square-Meter House Home

When you think of billionaires, images of sprawling estates, private islands, and extravagant penthouses probably come to mind. After all, with more money than most of us could ever dream of, why wouldn’t the world’s richest people surround themselves with luxury? But Elon Musk, the enigmatic entrepreneur behind Tesla, SpaceX, and a handful of other revolutionary companies, is rewriting the billionaire playbook. Despite his estimated net worth that regularly tops the global rich lists, Musk chooses to live in a modest, 36-square-meter rented house—a decision that has sparked both admiration and curiosity.

Elon Musk, World's Second Richest Man, Now Lives In A $50,000 Rented House

A Billionaire’s Unusual Choice

Elon Musk’s decision to downsize is not just a quirky footnote to an otherwise extravagant lifestyle; it’s a conscious choice that reflects his unconventional approach to life and business. In 2020, Musk famously tweeted, “I am selling almost all physical possessions. Will own no house.” True to his word, he sold off his mansions in California, including a $29 million estate in Los Angeles, and moved into a tiny, foldable house near SpaceX’s Starbase in Boca Chica, Texas.

The house, manufactured by Boxabl, measures just 36 square meters (about 375 square feet). It’s a far cry from the palatial homes of other billionaires, but Musk claims it has everything he needs: a bedroom, bathroom, kitchen, and living area—all cleverly packed into a compact space.

Why Live Small When You Can Live Large?

For Musk, the decision to live in a small house is about more than just minimalism. It’s a statement about values, efficiency, and focus. In interviews, Musk has explained that he wants to direct his resources toward his mission of making humanity a multiplanetary species, rather than indulging in material excess.

“I think possessions kind of weigh you down,” Musk has said. “They’re kind of an attack vector. People have things, and then they get attacked.” By shedding most of his physical assets, Musk says he feels freer to concentrate on his work—whether that’s developing electric cars, launching rockets, or building neural interfaces.

This philosophy is also reflected in the way Musk approaches his companies. At Tesla and SpaceX, he’s known for his hands-on leadership style and his willingness to sleep on the factory floor during crunch times. Musk’s minimalist lifestyle isn’t just a personal choice; it’s a way of leading by example, showing his teams that he’s willing to make sacrifices for the mission.

Elon Musk becomes world's second richest person

The Boxabl Casita: Small but Mighty

So, what’s it like inside Musk’s tiny home? The Boxabl Casita is a prefab, foldable house designed to be affordable and energy-efficient. It arrives on-site flat-packed and can be set up in just a few hours. Despite its small size, the Casita includes a full-size kitchen with a refrigerator, sink, oven, and dishwasher. There’s a bathroom with a shower and tub, a living area, and a sleeping space—all laid out in an open-plan design that maximizes every inch.

Musk’s embrace of the Boxabl Casita has brought attention to the growing trend of tiny homes and modular living. With housing affordability a major issue in many parts of the United States, the idea of compact, efficient living spaces is gaining traction. If the world’s richest man can live comfortably in 36 square meters, perhaps there’s something to be said for living with less.

A Broader Message

Musk’s housing choice is more than just a personal quirk; it’s a challenge to the way we think about wealth, success, and happiness. In a culture that often equates bigger with better, Musk is showing that fulfillment doesn’t have to come from material possessions. Instead, he’s investing his time, energy, and money into projects that he believes will benefit humanity as a whole.

His decision has resonated with many people, especially those who are rethinking their own relationship with material goods. The COVID-19 pandemic forced millions to reconsider what really matters in life, and Musk’s minimalist approach has struck a chord with those seeking simplicity and purpose.

This Is How the Richest Man in the World Lives

Critics and Admirers

Of course, not everyone is convinced. Some critics argue that Musk’s tiny house is more of a publicity stunt than a genuine lifestyle change, pointing out that he still has access to private jets and luxury when he needs it. Others see it as an inspiring example of how even the richest among us can choose to live simply.

Whatever the motivation, Musk’s decision to live in a 36-square-meter house is a powerful reminder that wealth doesn’t have to mean extravagance. Sometimes, the richest experiences come from living with less.

Conclusion

Elon Musk’s choice to live in a small, rented home while leading some of the world’s most ambitious companies is a testament to his unique vision. In a world obsessed with status symbols and material wealth, Musk is charting his own path—one that prioritizes innovation, efficiency, and purpose over possessions. Whether you admire him or question his motives, there’s no denying that Musk’s approach to life is as unconventional as his approach to business—and that’s exactly what keeps the world watching.