Then, in The Lord of the Rings: The Fellowship of the Ring, Bilbo left the place to his nephew, Frodo Baggins. Though the Lord of the Rings movies made it seem as if Frodo wasn't the sole owner of ...

With The Lord of the Rings trilogy, director Peter Jackson brought to life J. R. R. Tolkien's story of Middle Earth to life.

but its star Elijah Wood said the offer he got to play Frodo Baggins wasn't exactly the payday of a lifetime — and he's OK with that. "Because we weren't making one movie and then renegotiating ...