Millionaires Who Live in Surprisingly Small, Modest Homes

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In the past few months we have had a look at some of the most expensive penthouses in the world and a few of the incredible homes that celebrities have around the world, but what about the celebrities that don’t spend all of their money on luxuriously over-sized houses? Do they live anywhere?

Maybe they live in cabins in the woods, or maybe they live in trailer parks with their alpacas. Let’s take a look at some of the most famous celebrities in the world, and some of the modest homes they’ve chosen to live in within their means, and then find out for yourself.

1. Elijah Wood

Net Worth: $35 Million*
Purchased For: 1 Million*
Sq. Footage: 3,200-Square-Feet*

In the early 2000s, at the age of only 20-years-old, Elijah Wood went on an adventure that would change his life forever. As Frodo Baggins, in The Lord of the Rings trilogy, Wood gained fame, fortune, and everything in between and, although he has since amassed a small fortune of, almost, $35 million, he chooses to live a modest life in a modest home. 

Elijah Wood ©Kathy Hutchins / | @lonnymag /

It seems as though Elijah Wood missed the memo about everything being bigger in Texas, because his Victorian-style home in Austin, which cost him south of a million dollars, is only about 3,200-square-feet. However, after spending as much time as he did living in a hobbit-hole, this house, probably, feels like a mansion to Elijah.

2. Warren Buffett

Net Worth: $102.1 Billion*
Purchased For: $31,000*
Sq. Footage: 65,000-Square-Feet*

Through business savvy, and a series of incredibly well thought out investments, Warren Buffet has, for decades, been one of the wealthiest people in the world. Most people would think that, with a net worth of more than $100 billion, someone would own a private island somewhere, or, at the very least, live in a house the size of a small town.

Warren Buffett ©Rob Crandall / | @TrungTPhan /

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