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He has no need for more

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Q: Why does Bilbo bring home only two small chest filled with treasure from the mountain?
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Bilbo brought back a magical ring, several chests of treasure, and most importantly, the Arkenstone, a precious gem that was a symbol of the dwarves' alliance.


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There is this band of Dwarfs who's treasure has been stolen by a dragon called Smaug and Gandalf the wizard drags Bilbo Baggins (a hobbit) into going with them to get the dwarf's treasure back with many adventures along the way.The Hobbit is a predecessor to the the well known Lord of the Rings trilogy.The story follows Bilbo Baggins, a rather plump hobbit, as he finds himself unwittingly drawn into an adventure by the wizard, Gandalf. Along with thirteen dwarves, he finds himself bound for Lonely Mountain, where a dragon named Smaug hordes stolen treasure. But the road is wrought with danger.A hobbit of the peaceful land of the Shire, is recruited by a wizard and 13 dwarves to help them retake their mountain Erebor from the clutches of an evil dragon. To journey there they face grave perils as they encounter Goblins and wolves and magic forest, giant spiders and elves. Using magic and quick thinking, with the help of giant eagles and man who can turn into a bear, they manage to complete their quest, only to realize that there are more important things in life.Gandalf tricks Bilbo into hosting a party for Thorin and his band of dwarves, who sing of reclaiming the Lonely Mountain and its vast treasure from the dragon Smaug. When the music ends, Gandalf unveils a map showing a secret door into the Mountain and proposes that the dumbfounded Bilbo serve as the expedition's "burglar". The dwarves ridicule the idea, but Bilbo, indignant, joins despite himself.The group travel into the wild, where Gandalf saves the company from trolls and leads them to Rivendell, where Elrond reveals more secrets from the map. Passing over the Misty Mountains, they are caught by goblins and driven deep underground. Although Gandalf rescues them, Bilbo gets separated from the others as they flee the goblins. Lost in the goblin tunnels, he stumbles across a mysterious ring and then encounters Gollum, who engages him in a game of riddles. As a reward for solving all riddles Gollum will show him the path out of the tunnels, but if Bilbo fails, his life will be forfeit. With the help of the ring, which confers invisibility, Bilbo escapes and rejoins the dwarves, improving his reputation with them. The goblins andWargs give chase but the company are saved by eagles before resting in the house of Beorn.The company enter the black forest of Mirkwood without Gandalf. In Mirkwood, Bilbo first saves the dwarves from giant spiders and then from the dungeons of the Wood-elves. Nearing the Lonely Mountain, the travellers are welcomed by the human inhabitants of Lake-town, who hope the dwarves will fulfil prophecies of Smaug's demise. The expedition travel to the Lonely Mountain and find the secret door; Bilbo scouts the dragon's lair, stealing a great cup and learning of a weakness in Smaug's armour. The enraged dragon, deducing that Lake-town has aided the intruder, sets out to destroy the town. A noble thrush who overheard Bilbo's report of Smaug's vulnerability reports it to Bard, who slays the dragon.When the dwarves take possession of the mountain, Bilbo finds the Arkenstone, an heirloom of Thorin's dynasty, and steals it. The Wood-elves and Lake-men besiege the mountain and request compensation for their aid, reparations for Lake-town's destruction, and settlement of old claims on the treasure. Thorin refuses and, having summoned his kin from the mountains of the North, reinforces his position. Bilbo tries to ransom the Arkenstone to head off a war, but Thorin is intransigent. He banishes Bilbo, and battle seems inevitable.Gandalf reappears to warn all of an approaching army of goblins and Wargs. The dwarves, men, and elves band together, but only with the timely arrival of the eagles and Beorn do they win the climactic Battle of Five Armies. Thorin is fatally wounded and reconciles with Bilbo before he dies. Bilbo accepts only a small portion of his share of the treasure, having no want or need for more, but still returns home a very wealthy hobbit.


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