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How Elijah Wood Really Spends His Massive Net Worth

When Elijah Wood used to be still a kid, he were given his first giant destroy when he used to be hired to seem within the music video for Paula Abdul’s hit music “Forever Your Girl”. In the years since that watershed moment in his lifestyles, Wood has put in combination one of the most interesting careers in all of Hollywood.

Still easiest known as the actor who introduced Frodo Baggins to life at the large screen, when Elijah Wood comments on Lord of the Rings to nowadays, enthusiasts listen. Despite owing his primary declare to popularity to a blockbuster film franchise, Wood has long past on to center of attention his career on smaller independent motion pictures that tell distinctive stories. For that explanation why, there are numerous people who’ve grown to love Wood’s work regardless of not calling themselves enthusiasts up to now.

Of route, it should go without saying that one of the vital major the reason why Elijah Wood can manage to pay for to focus on smaller projects is all the cash he made from his blockbuster movies. With that during mind, it begs an obtrusive question, does Wood spend his cash in fascinating techniques as well?

Related: The Cast Of 'The Lord Of The Rings' Made Fun Of Elijah Wood For This Reason

Financial Perspective

For a long time, common other people have been fascinated by the implausible lives that numerous stars lead since they're satisfied to lay our a fortune on little issues. For proof of that reality, all you need to do is look at the truth that there were several displays in regards to the lifestyles of the rich and famous despite the fact that Cribs could be pretty shady at times.

While chatting with a wealthsimple.com interviewer in 2017, Elijah Wood published that his upbringing has made him much more frugal than most of his friends. “I used to be raised in a working-class circle of relatives. My dad worked at a box manufacturing unit, and my mother worked at a Quaker Oats factory. Later, they opened an area deli. Watching my parents gave me a wholesome respect for the value of laborious paintings. And it was once additionally more or less formative to look at as my circle of relatives handled some pretty annoying monetary problems — debt, IRS issues. I was in truth very apprehensive about it all on the time, and I evolved a cautious viewpoint about cash. That caution has persisted. After those tough years, I discovered to by no means take money as a right or be frivolous in my spending.”

Related: 10 Ridiculously Expensive Things You Didn't Know Celebs Collected

Wood’s Big Purchases

No topic how Elijah Wood feels about spending a lot of money at a time, certain issues inherently are dear. For example, except you might be keen to have a automobile that breaks down at every turn, vehicles don’t come reasonable. According to hotcars.com, Wood owns three cars, a convertible Mini Cooper S, an Audi A4, and a Mitsubishi ASX.

In terms of the residing spaces that Wood has known as home, it's transparent that he has been prepared to drop some critical cash. After all, in 2012, Wood reportedly bought a 130-year-old Victorian home located in Austin, Texas for $1.075 million. On most sensible of that, Wood reportedly spent a healthy amount of money on renovating the inside and outside of that Texas house which is why he listed it at $1.Eighty five million when he advertise in 2020. On best of that, properties.com experiences that during 2019 Wood put his “valuable Los Angeles compound” on the market for $1.995 Million. While it is unclear how much Wood at first spent on that belongings and home, it should had been a large number.

Related: Which Celebs Own The 10 Most Expensive Houses In Hollywood?

Wood’s Passion Project

During Elijah Wood’s aforementioned wealthsimple.com interview, the cherished actor talked about his main assortment and how a lot he is willing to spend on it. “I’m a report collector. I've greater than 4,000 information in my collection. Some of the records I purchase are beautiful dear. I’ve gotten more ok with that lately. Recently, I picked up a Horace Silver jazz album — an authentic Blue Note unlock, with Art Blakey on drums. It used to be $300. There was a period of time when I first started buying data when I was like, Oooh, $50 for an album? That’s an excessive amount of. But as I started working more and more, I began considering, I don’t really invest in anything else, so I can manage to pay for to try this.”

“It’s interesting how your spending conduct can shift over the years. You begin to make those little justifications, and $50 can briefly cross from “Whoa, that’s too much” to no large factor. But I still have my limits. I believe paying a grand for an album would make me fearful. To at the present time, I nonetheless get frightened anytime I’m spending some huge cash.” While chatting with The Vinyl Factory, Wood published that he has grouped his records with his buddy DJ Zach Cowie and to mention they have a great and expensive assortment is a big understatement.

Next: The 10 Celebrities With The Biggest Sneaker Collections

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