Elon Musk Initiates Foreclosure on Gene Wilder's Former Home
Elon Musk Initiates Foreclosure on Gene Wilder's Former Home

Elon Musk Initiates Foreclosure on Gene Wilder's Former Home

News summary

Elon Musk is initiating foreclosure proceedings on a Bel-Air home that once belonged to actor Gene Wilder, which was purchased by filmmaker Jordan Walker-Pearlman and his wife, Elizabeth Hunter, in 2020. Musk sold the property to them for $7 million, significantly reduced from the initial listing price of $9.5 million, and provided a $6.7 million loan to facilitate the purchase. The couple has fallen behind on payments following financial strains caused by the recent Hollywood strikes, prompting Musk to file a notice of default in July. Despite the situation, Walker-Pearlman expressed no hard feelings towards Musk, stating he views the foreclosure as a non-adversarial process and is grateful for the opportunity Musk provided. The couple has listed the home for $12.95 million, with Walker-Pearlman reflecting on the emotional significance of the property. Musk's trust originally acquired the home in 2013 for $6.75 million, and it features a kidney-shaped pool and a rich history for the family.

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