Tom Holland Says Spending $98 Million on a House Is a Waste of Money

Published 08/13/2026, 3:16 PM EDT

Actor Tom Holland at photocall film Spiderman: Brand New Day in Madrid on Monday, 15 June 2026. Cordon Press

Tom Holland may be one of Hollywood's biggest stars, but when it comes to real estate, the actor has surprisingly modest tastes. While celebrity headlines are often filled with reports of sprawling mansions and eye-watering property purchases, Holland revealed in 2021 that he has little interest in spending tens of millions on a home.

Instead, the Spider-Man star explained that he would rather put his money toward something far more meaningful, even if it means passing on some of the world's most luxurious properties.

Tom holland explains why he would never buy a $98 million mansion

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Speaking candidly during a interview with GQ about real estate, Tom Holland said he believes spending enormous sums on houses simply does not make sense. The actor argued that even for wealthy individuals, properties worth tens of millions of dollars represent an unnecessary expense.

June 15, 2026, Madrid, Madrid, Spain: British actor TOM HOLLAND signs autographs and greets hundreds of fans upon his arrival at the Plaza de Colon in Madrid. The Hollywood star inaugurated the Plaza Seleccion fan zone organized by the Royal Spanish Football Federation (RFEF) ahead of the World Cup debut match between Spain and Cape Verde. During the massive event he also promoted his latest Marvel film SPIDER-MAN: BRAND NEW DAY praising the Spanish national soccer team while showing support for his native England. Madrid Spain - ZUMAo127 20260615_zep_o127_181 Copyright: xHugoxOrtunox

"Anyone spending $98 million on a house or $60 million on a house is wasting money," Tom Holland told GQ.

Rather than purchasing a mega-mansion, the actor explained that he would be far more comfortable buying a home in a much lower price range. Discussing what he considers a reasonable budget, Holland pointed to a figure that he believes is far more realistic than the eye-watering sums often associated with celebrity real estate.

"I think £1.1 million is a pretty respectable price range in today's world, especially in London."

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Rather than focusing on lavish purchases, Holland's attention remains firmly on family.

Family remains a bigger priority than luxury

For Tom Holland, the decision is not just about saving money. The actor revealed that family plays a major role in how he thinks about major purchases and future plans. Reflecting on what matters most to him, Holland explained that one of his priorities is helping his grandmother live closer to the family.

Despite becoming one of Hollywood's most successful young stars and seeing his earnings grow significantly through the Spider-Man franchise and other major projects, Holland's comments suggest that luxury purchases are far from the top of his priority list.

"I'd love to buy a house for my granny so she can come and live in Kingston."

That goal has also influenced how he thinks about where he would like to own property in the future.

"So it's going to have to be the English house."

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Credits - ZUMA

The remarks offer a glimpse into Holland's grounded approach to success. Despite being one of the most recognizable actors of his generation, the star's priorities appear to be centered less on luxury and more on creating opportunities for the people closest to him.

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Do you agree with Tom Holland that spending tens of millions on a house is unnecessary? Let us know in the comments.

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Yamini Vohra

48 articles

Yamini Vohra is an Entertainment Writer at Netflix Junkie. She is an English Honours graduate and Japanese language specialist with a love for drama, fashion, anime, music, and all things pop culture. When she's not working, you'll find her buried in a book, binge-watching vlogs, or being dramatically invested in the latest Netflix obsession.

Edited By: Hriddhi Maitra

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