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Fortune
Fortune
Business
Sydney Lake

Billionaires Elon Musk and Mark Zuckerberg used mortgages to buy multimillion-dollar mansions. Here’s why that’s a savvy financial decision

Mark Zuckerberg Elon Musk United States Fortune Paris Hilton
(Credit: Getty Images—Fabrice COFFRINI / AFP)

Even the world’s most affluent people sometimes need a mortgage.

Elon Musk is the world’s richest man, on track to become the first-ever trillionaire, but he’s done one thing most average Americans have to do: take out a mortgage. 

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