Billionaire tech mogul Elon Musk has initiated foreclosure proceedings on Gene Wilder's former home in Los Angeles, which was purchased by Wilder's nephew in 2020. Despite this legal action, Wilder's nephew, Jordan Walker-Pearlman, has expressed no hostility towards Musk and is cooperating in the legal process concerning the property.
Walker-Pearlman stated that he holds no ill will towards Musk and appreciates the opportunity given to him and his wife to restore the house to its former glory, as it held sentimental value for their family.
Musk had previously sold the Los Angeles property to Walker-Pearlman, providing a loan to facilitate the purchase. This enabled Walker-Pearlman to film his autobiographical movie, 'The Requiem Boogie,' in the house where many childhood memories were made.
Gene Wilder, known for his iconic roles in films such as 'Willy Wonka and the Chocolate Factory' and 'Young Frankenstein,' lived in the Bel Air house with his wife, Gilda Radner, before selling it in 2007. Musk later acquired the property in 2013 but decided to sell it in 2020.
Financial challenges resulting from the 2023 Hollywood strikes led to Walker-Pearlman falling behind on loan payments to Musk. However, Walker-Pearlman clarified that there is no immediate legal threat as Musk has not set a foreclosure date.
Walker-Pearlman emphasized that his relationship with Musk is cooperative and based on gratitude. He acknowledged the outstanding debt to Musk and expressed his intention to settle it in a fair manner.
Currently, Walker-Pearlman and his wife have listed the property for sale at $12.95 million. The 2,750 square-foot residence, overlooking the Bel Air Country Club, is described as a piece of Hollywood history with potential for refurbishment or modern redevelopment.