World’s richest man Elon Musk says he’s homeless and ‘rotates’ among friends’ houses

Elon Musk has said he doesn’t own a home and has been sleeping on friends’ sofas despite reportedly being the world’s wealthiest man.

Speaking in an interview with TED aired on Monday, Mr Musk said he did not currently have a home and was staying with friends around San Francisco’s Bay Area, near Tesla HQ.

“I don’t even own a place right now, I’m literally staying at friends’ places,” said the 50-year-old of his current situation.

“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 and Space X founder was asked by Chris Anderson, head of conference organisers at TED, about people who were “hugely offended” by billionaires before making the claims in the interview.

“I think there’s some axiomatic flaws that are leading to that conclusion,” said Mr Musk of the people “offended” by his wealth.

“If, four sure it would be problematic if I was consuming billions of dollars of year in personal consumption but that is not the case”.

Mr Musk, who stressed he does not own a yacht, has a an estimated net worth of $251bn (£207bn), according to Bloomberg, and is the wealthiest individual in the United States and the world.