Peter Lewis Kingston "Pete" Wentz III is the bassist and primary lyricist for the band Fall Out Boy. He also owns a record label that has signed acts like Gym Class Heroes and Panic! at the Disco. Despite this success, Wentz lives in a small, four-bedroom house in Studio City, California, that only cost $1.5 million, a reasonable amount for basic homes in that part of California.
Brandon Boyd, lead vocalist for the band Incubus, likes to live modestly in spite of his considerable wealth. According to therichest.com, his house is a four-bedroom Craftsman in Santa Monica that cost just $3.5 million, a reasonable price for basic housing in the area. He purchased the bungalow in 2012.
Lea Michele, the singer and beautiful star of the hit television series "Glee," lives in a home that does not seem to fit her star status. Located in Los Angeles, the 1920s bungalow features a very modest 1,805 square feet of space and only two bedrooms. The price tag of $1.4 million was actually not bad for a starter home in the area.