Billionaire Tesla Chief Executive Officer (CEO) and one of the single largest shareholders of social media giants, Twitter, Elon Musk, may be the richest man in the world presently with a net worth of $269.5 billion according to Forbes, but he claims to be homeless as he doesn’t own his personal house and sleeps in his friends’ spare bedrooms.
Musk made the revelation on Monday in a video interview with the non-profit organization TED, famously known for its popular “TED Talks” and conference, where he discussed his life and challenges as a billionaire.
“I don’t even own a place right now. I’m literally staying at friends’ places,” the money man said.
“If I travel to the Bay Area, which is where most of Tesla’s engineering is, I basically rotate through friends’ spare bedrooms,” the Tesla CEO added.
When asked about wealth disparity across the world and the amount of money spent by billionaires on luxury goods and properties, Musk said he does not believe in such luxuries as he doesn’t have a yacht nor take vacations.
“I don’t have a yacht, I don’t take vacations. I think there’s axiomatic flaws that are leading to that conclusion. It would be very problematic if I would be consuming billions of dollars a year in personal consumption, but that is not the case,” he said.
The Twitter shareholder, however, admitted to having an exception in his private plane which he sees as a necessity.
“It’s not as though my personal consumption is high, with the one exception being the plane. If I don’t use the plane, then I have less hours to work,” he added.
Last year, the billionaire had tweeted that his primary residence is a rental from SpaceX, worth $50,000, and in the same tweet, he had also admitted to owning an “events house” in the Bay.
Angola and Portugal have signed a Memorandum of Understanding including 13 different agreements that cut across financial, legal and other critical areas.
The Angolan President, João Lourenço, who received his Portuguese counterpart, António Costa on Monday, revealed that the country was enthusiastic about partnering with its erstwhile colonialist.
“I have to say that we sensed a great willingness to collaborate on the part of the Portuguese justice system, with whom we were able to exchange not only information but also the alignment of Angola’s anti-corruption strategy and to say that in principle everything that was asked of the Portuguese authorities so that we could find the right correspondent”, president Lourenço said.
The Portuguese president announced a rise in its financial commitment to Angola which is a top oil producer in Africa.
“To support the Angolan government’s ambition and strategic approach to diversifying the country’s economy, we have significantly increased the credit line from one thousand five hundred to two billion euros”, announced Costa.
The new agreement will run till 2027. The economies of Angola and Portugal are deeply intertwined, and the two countries share a language and cultural heritage.
According to consular statistics, approximately 100,000 Portuguese nationals work in Angola, with approximately 10,000 Portuguese firms operating in a variety of sectors such as construction, engineering, hospitality, law, and financial services.
Israeli Prime Minister, Benjamin Netanyahu has called for an explanation from Egyptian authorities following the reported killing of three Israeli soldiers by a member of the Egyptian security services.
He told his cabinet in televised remarks that “Israel relayed a clear message to the Egyptian government. We expect that the joint investigation will be exhaustive and thorough.
“We will refresh procedures and methods of operations and also the measures to reduce to a minimum the smuggling and to ensure tragic terrorist attacks like this do not happen again.”
Three Israeli soldiers were killed in an attack near Egypt’s border by a gunman wearing an Egyptian police uniform— the first deadly exchange along the border shared by the two countries in more than a decade.
According to the Israeli military, two soldiers were killed by an Egyptian policeman while securing a military post near the Egyptian border early Saturday. According to the report, the Egyptian officer and a third Israeli soldier were killed in a clash on Israeli territory hours later.
Israeli military spokesman, Daniel Hagari, while addressing journalists, said: “From that moment a terrorist event was declared, leading to sweeps of the area.”
He also revealed that “a drone was sent up and 1.5 kilometres inside Israel a suspicious person was identified.”
Egypt’s relationship with Israel is complicated and has evolved significantly over time. Despite having fought four wars, the two countries now work closely together, primarily on security issues.