Millionaires Who Live in Surprisingly Small, Modest Homes

79. Demi Lovato

Net Worth: $40 million*
Purchased For: $7 million*
Sq. Footage: 8,500-Square-Feet

Singer Demi Lovato has been through her ups and downs, and she has been in the headlines a lot since she left Disney to strike out on her own as a solo artist. Lovato has a net worth of $40 million, but she has been generous with her money over the years.

When she made her first millions at age eighteen, she bought her parents a luxury West Coast condo before she set herself up in a house. Now, Lovato lives in a $7 million mansion in Studio City, Los Angeles, a neighborhood known for being quieter than other areas of the city.   

80. Evan Spiegel

Net Worth: $2.6 billion*
Purchased For: $25 million*
Sq. Footage: Unknown

Evan Spiegel, with a net worth of $2.6 billion, is the youngest billionaire in the world. He co-founded Snap, Inc., the parent company of the popular social media site Snapchat, and he serves as the CEO, making around $2.094 million a year.

In Los Angeles a few years back, he and his wife, supermodel Miranda Kerr, bought a $25 million home. But, that was just the beginning, as the power couple made headlines when it was revealed that, in August of 2022, they closed on a $120 million home in L.A. after a two-year-long waiting process. 

81. Shaquille O’Neal

Net Worth: $400 million*
Purchased For: $1.22 million*
Sq. Footage: 5,300-Square-Feet 

NBA legend Shaquille O’Neal is one of the richest people to ever play the game, thanks not only to his high former salary but also to his smart business acumen. O’Neal owns a lot of property, including a surprisingly humble home in Carrollton, Texas.

The European-inspired manor’s last listed price was $1.22 million, and it measures 5,300 square feet. It has five bedrooms and five bathrooms in total, as well as marble floors, polished wood paneling, a contemporary fireplace, and wall-sized windows. Shaq closed on the home in 2022, making it a recent, low-key addition to his property portfolio.  

82. Tom Shadyac

Net Worth: $12 million*
Purchased For: Unknown
Sq. Footage: 1,000-Square-Feet 

Director, author, producer, and screenwriter Tom Shadyac is known for writing and directing some of the most popular contemporary comedies, including Ace Ventura: Pet Detective, Evan Almighty, Bruce Almighty, Liar, Liar, The Nutty Professor, Patch Adams, and more. The UCLA grad gained a net worth of $50 million as a result.

Shadyac’s net worth is now $12 million, after he gave away most of his fortune after having a revelatory moment when he suffered a bike accident in 2007. According to Shadyac, the more he has “given up,” the wealthier he feels. He now lives in a 1,000-square-foot trailer in a Malibu Beach trailer park. 

83. Kristen Bell

Net Worth: $40 million*
Purchased For: $4.3 million*
Sq. Footage: 4,048-Square-Feet

Kristen Bell, an actress who has starred in hit movies and shows like Forgetting Sarah Marshall and The Good Place, lives in a $4.3 million L.A. home with her husband, comedian Dax Shepard, and their kids. The four-bedroom home is the perfect size for a small family, and it was designed by renowned architect Arthur R. Kelly.

Designed in the English Revival style, this 4,048-square-foot pad needed a lot of renovations when Bell and Shepard first purchased it. The pair bought the home in 2017, and they only just moved in in the fall of 2022.