Over the last few months, we’ve seen some of the world’s most costly penthouses as well as some amazing residences owned by celebrities. But what about the celebs that don’t spend all of their money on extravagantly large mansions? They reside where? Perhaps they have a simpler life in a trailer park with their pet alpacas, or maybe they live in cabins in the woods. There’s only one way to find out, so continue reading, and let’s have a peek at some of the world’s most famous people and the modest residences they’ve chosen to live comfortably within their means.
1. Elijah Wood
Net Worth: $35 Million*
Purchased For: 1 Million*
Sq. Footage: 3,200-Square-Feet*
Elijah Wood, then only twenty years old, embarked on a trip that would alter his life forever at the beginning of the 2000s. In The Lord of the Rings trilogy, Wood played Frodo Baggins, who achieved fame, money, and everything in between. Despite having accumulated a modest fortune of about $35 million since then, he still prefers to live a modest life in a modest home. Despite spending nearly a million dollars on a Victorian-style home in Austin, Elijah Wood appears to have overlooked the fact that everything in Texas is larger. The home spans only approximately 3,200 square feet. Nonetheless, Elijah likely feels like a lord in this house after living in a hobbit-hole for such a long period.