When you think billionaire home, you probably picture something ridiculous. Like, private islands. Helicopter pads. Maybe a whole floor just for shoes. But here's the thing—not every mega-rich person buys into that. Some of them live in places that'd surprise you. This piece looks at which billionaire actually owns the smallest house, and honestly, the answer might mess with your head a little. The short answer? Warren Buffett. Yeah, the guy worth somewhere between 80 and 120 billion bucks. He bought his house in Omaha back in 1958 for $31,500—about $335,000 today when you adjust for inflation. It's 6,570 square feet. Look, that's not tiny. But compared to other billionaires? It's basically a shed. Jeff Bezos has homes worth hundreds of millions. Elon Musk technically lives in a 400-square-foot prefab thing worth $50,000. So, context matters here. So, let's stack them up. 6,570 square feet sounds decent—until you see what the other guys are doing. It's a drop in the bucket next to their real estate collections. Musk's 400-square-foot thing is smaller, sure. But it's temporary. He's got other spots. Buffett's house is his only home. That's the real flex—sticking with one place for decades. This isn't an accident. It's Buffett being Buffett. His whole deal is living below his means. He once said the best investment you can make is in yourself. And he walks that talk. A few reasons why he keeps it modest: Yeah, physically it is. In 2020, Musk sold most of his stuff and moved into a 400-square-foot Boxabl prefab near his SpaceX site in Texas. Cost him around $50,000. But here's the deal—that's not his forever home. It's basically a crash pad for work. He's got other properties, including a big compound in Austin. Buffett's house? That's his one and only. It makes the statement louder. If we're measuring just square footage of where someone sleeps most nights? Musk wins with 400 sq ft. But it's not permanent. For a long-term thing, Buffett's 6,570 sq ft place is the smallest among the big names. Other frugal billionaires worth mentioning: Funny thing—the average new American home is around 2,500 square feet. Buffett's is about 2.6 times bigger. But with his $100 billion+ net worth, he could easily own something 40 times that size. The fact he doesn't says a lot. Think about it this way: if someone making $60,000 a year lived in a house proportional to their income compared to Buffett's, their place would be worth about $900. That's insane. His $1.5 million house is 0.0015% of his net worth. For a regular person, that's nothing. It shows how restrained he really is. Yes. Same house he bought in 1958. He's added a few rooms and updated security, but it's basically the same. He's said he's not moving. Ever. He's happy where he is. Comfort, familiarity, less upkeep. He's said buying a bigger place wouldn't make him happier—just more complicated. He jokes he's got the third-best house in Omaha, and that's fine by him. Not really. It's his primary spot right now, but it's mostly for work at SpaceX. He's got other properties and is building something in Austin. It's practical, not a lifestyle choice. Estimates put it between $1.2 million and $1.5 million as of 2024. That's based on similar homes in his Omaha neighborhood. Even with his wealth exploding, the house's value hasn't gone crazy.Which billionaire has the smallest house
How small is Warren Buffett's house compared to other billionaires?
Billionaire
Net Worth (Approx.)
Primary Residence Size
Estimated Value
Warren Buffett
$120 Billion
6,570 sq ft (610 sq m)
$1.5 Million
Elon Musk
$200 Billion
400 sq ft (37 sq m) (prefab)
$50,000
Jeff Bezos
$180 Billion
29,000 sq ft (Medina, WA) + multiple estates
$150 Million+
Mark Zuckerberg
$100 Billion
7,000 sq ft (Palo Alto) + 1,400 acre Kauai estate
$30 Million+
Bill Gates
$120 Billion
66,000 sq ft (Xanadu 2.0)
$130 Million
Why does Warren Buffett live in such a small house?
Is Elon Musk's tiny house smaller than Warren Buffett's?
What is the smallest house owned by any billionaire?
How does Warren Buffett's house compare to the average American home?
Frequently Asked Questions
Does Warren Buffett still live in his original house?
Why doesn't Warren Buffett move to a bigger house?
Is Elon Musk's tiny house a permanent residence?
What is the value of Warren Buffett's house today?
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