Billionaire Roundup: New Digs, California Dreaming, And More Elon Musk Weirdness

By on August 24, 2018 in ArticlesBillionaire News

How is it nearly the end of August already?! Before we know it, the leaves will be changing, the weather will cool off, and pumpkin spice everything will take over. But before that, let's enjoy the last lazy, hazy days of summer with another edition of the Billionaire Roundup. Today we've got a swanky new high-priced San Francisco address for billionaires (and multi millionaires). We've also got an update on a billionaire's quest to divide California into three separate states and a truly bizarre story involving Elon Musk, his girlfriend Grimes, and Azealia Banks.

A New Address For Billionaires And Others That Can Afford It

San Francisco has a new pricey address at 181 Fremont in the SoMa neighborhood. The 56-story condo tower is mixed use – but only has one commercial tenant – Facebook. It also has 55 multi-million dollar units and a five bedroom penthouse still under construction that is on the market for $42 million. The building has been under construction since 2013. The first unit just sold for $15 million. It is a 3,326 square foot three bedroom condo. It broke the San Francisco record for the highest price per square foot sale for a condo. The developers encased the building in criss crossed beams that are supposed to act as shock absorbers in an earthquake.

Frederick M. Brown/Getty Images

Billionaire Abandons Plan To Divide California Into Three States

Billionaire Tim Draper has dropped his quest to split California into three states after the California Supreme Court kicked it off the November ballot. Draper spent more than $1.7 million trying to get his initiative to divide the U.S.'s most populous state onto the ballot.

Draper spent more than $1.7 million to qualify his initiative for the ballot, which requires gathering hundreds of thousands of signatures.

Draper's plan would have put the Bay Area, Silicon Valley, Sacramento and the rest of Northern California into one state; the second would be a strip of land from Los Angeles to Monterey; and the third would include San Diego, the Central Valley and Orange County.

The Planning and Conservation League argued that such an enormous change to the state's government could not be done through a ballot initiative. The group sued to keep Draper's initiative off the ballot.

The Totally Weird Story Involving Azealia Banks, Grimes, And Elon Musk

There are a lot of weird stories about Elon Musk, especially lately, but this one just might be the weirdest. So, Azealia Banks and Musk's girlfriend Grimes were planning to collaborate on Banks' second album. According to Banks, Grimes invited her to fly to L.A. to stay at Musk's house so the two of them could finish up their collaboration. Banks flew to L.A. and things got really weird.

Banks began posting a since-deleted Instagram story about how she had been sitting in Musk's house, alone, waiting for Grimes "for days." Well, let's just transcribe the story in Banks' own words:

"Literally been sitting at Elon Musk's house alone for days waiting for @grimes to show up and start these sessions. I have no idea when she is coming back. I'm going to wait one more day then I'm going to go."

Banks confirmed that she was at Musk's house from early Friday to Sunday night.

"Staying at Elon Musk's house has been like a real life episode of "Get Out""

"LOL I waited around all weekend while Grimes coddled her boyfriend for being too stupid to know not to go on twitter while on acid. Then she had the nerve to go ghost and "book me a first class flight" thru roc nations as if she's big enough to send ME out of LA. Ha!"

"I should have stayed my ass in NYC. They invited me here to stay and told me I couldn't bring my boyfriend…Lol…it was probably some weird threesome sex shit to begin with…"

"I'm good luv, enjoy."

Over the course of her Insta story, Banks claimed Musk only took Grimes to the Met Gala to make Amber Heard jealous.

The reference to Musk tweeting while on acid apparently refers to his tweet that announced he was planning to take Tesla private at $420 a share. It is still not clear if Musk meant it, he did indicate that funding was secured. He could have been making a bad marijuana joke. If he was serious it could be seen as illegal manipulation of the stock market.

Elon Musk's response to all of this? He said he doesn't know her and has never met her and that Banks' claims were "complete nonsense."

Articles Written by Amy Lamare
Amy Lamare is a Los Angeles based writer covering business, technology, entertainment, philanthropy, and pop culture. She spent 8 1/2 years covering the entertainment industry for www.hsx.com. She has written for Los Angeles Magazine, Your Tango, Thinknum Media, and various airline magazines. Follow her on Facebook. Amy's favorite self-made billionaire is Sara Blakely.
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