Elon Musk Lends Gene Wilder’s Nephew $6.7 Million To Help Him Buy, Preserve, Late Actor’s Home
The world of Elon Musk knows no limit to bizarre stories. Pivoting from a report last week that Musk was being probed, along with his brother Kimbal, by the SEC for potential trading violations related to dumping stock in November 2021, this morning’s story about Musk concerns late actor Gene Wilder’s former home.
Musk had owned the house for some time and, upon announcing a couple years ago that he was going to sell all of his possessions, concern started to mount about the property and whether or not it should be preserved to honor the legendary actor.
Well for those of you ‘waiting to exhale’ about this important controversy, you can now breathe a sigh of relief: Jordan Walker-Pearlman, Wilder’s nephew, is reportedly buying the house from Musk and will prevent it from being torn down or otherwise replaced.
Apparently, Musk let the house go at discount prices, according to a report from Fox News. The report said that “Musk was willing to sell it to him for a significantly reduced price in order to ensure that house wasn’t demolished or majorly altered.”
Walker-Pearlman had heard the house was for sale after Musk’s announcement that he was selling all of his physical possessions. Musk had said at the time that he would only sell the house to someone that wouldn’t tear it down or alter its “soul”.
Walker-Pearlman couldn’t pay the $9.5 million listing price but was able to contact Musk’s team and convince them that he wouldn’t demolish the home. Walker-Pearlman told Musk that Gene Wilder had raised him, and that he had memories of “cooking on the indoor grill, enjoying bran muffins every morning in the kitchen and teaching him to swim in the backyard pool.”
Musk then agreed to offload the property to Walker-Pearlman for just $7 million – with Musk loaning Walker-Pearlman $6.7 million to help him consummate the deal.
Fox News wrote that the contract “included an agreement known as a long-form deed of trust and assignment of rents, through which Musk loaned Walker-Pearlman $6.7 million.”
Tyler Durden
Mon, 02/28/2022 – 22:40
via ZeroHedge News https://ift.tt/2kTEqzj Tyler Durden