Jamie Masada Net Worth is
$6 Million

Mini Biography

Masada’s enthusiasm for humor started at age group 6 in Iran when his dad, a cantor and accordion participant, rewarded him to be good by firmly taking him towards the windows of an area TV repair center to view The 3 Stooges. Even though reception was poor plus they couldn’t hear the dialog, the youngster was mesmerized as his dad improvised. “I laughed until I cried,” he says. Years later, in a wedding special event in Israel, a Hollywood maker encountered Masada performing a 3 Stooges imitation and encouraged his dad to send the small skill to America. Confident in his son’s capabilities, Masada’s dad pawned his much loved accordion to greatly help raise the required funds. Just 14 yrs . old, Masada found its way to the U.S. in 1977 with bit more than the t-shirt on his back again and a feeling of laughter. Sleeping inside a garage area, he juggled unusual careers to survive and send out money house to his family members. However, none of the hurdles deterred his enthusiasm for humor. “My dad once explained,” he recalls, “producing people laugh is the foremost mitzvah of most.” Although he hardly spoke British (Farsi blended with just a little Hebrew), Masada quickly began performing at an area comedy venue and was taken beneath the wings of such comedic geniuses as Richard Pryor, Paul Mooney and Tom Dreesen. Two years later on – inspired by way of a dispute over comedy club owners in LA refusing to pay for comedians along with a $10,000 mortgage from writer/maker Neal Israel (Bachelor Party, Moving Violations, Police Academy, Real Genius, Finding Neverland) – Masada, founded the Laugh Factory inside a historic Sunset Boulevard building once occupied by Groucho Marx. Intention on paying performers fairly by “splitting the entranceway,” the very first comedian to consider the stage was Richard Pryor, who also not merely declined his break up (an impressive $3.50) but handed Masada – who was simply sleeping within the golf club – a $100 bill which he wrote, “You will need this for the rent, young man.” A lot more than 31 years later on, Masada isn’t just paying the lease in the right now legendary golf club, but is really a dedicated philanthropist. With a solid perception that “laughter may be the greatest medication,” Masada functions thoroughly with underprivileged kids as well as the homeless (nourishing and interesting those in require) and it is a staunch supporter of battling artists. Each year since 1979, Masada has opened his club for Thanksgiving and Xmas, dishing up free of charge dinners towards the homeless and up-and-coming artists, in addition to providing some much-needed comic relief. Additionally, Masada sponsors free of charge solutions during Judaism’s Large Holy Days. In 1985, Masada created Giggle Factory’s Comedy Camp for underprivileged kids and, up to now, has worked with an increase of than 1,000 disadvantaged children, ages 9-16, from lower-income neighborhoods. Getting together with for 10 Saturdays each summer time, best comedians – including, Tim Allen, Jim Carrey, Dave Chappelle, Dane Make, Jamie Foxx, George Lopez, Jon Lovitz, Richard Pryor, Chris Rock and roll, Paul Rodriguez, Bob Saget, Adam Sandler, Chris Tucker, Damon Wayans and Shawn Wayans, amongst others – trainer the youngsters, who also appreciate meals and field outings. The mentoring and encouragement that kids receive at Comedy Camp instills them with the confidence required in public areas speaking also to achieve their dreams. “Laughter is usually curing,” says Masada, who identifies them as “my children,” maintains a romantic relationship with most of them through the entire years and it is a “Hebrew Kris Kringle” through the vacations. Other 2010 humor fundraiser events in the club include Cops for Causes, Comedy Without Edges, Wounded Warriors, Middle Eastern Comedy Fest, Pakistan Flood Fundraiser along with a 72-hour Laugh Manufacturing plant Comedy-a-Thon & Christmas Toy Drive. For his humanitarian efforts, Masada continues to be acknowledged with numerous awards, like the NAACP Freedom Award, The Ellis Island Medal of Honor as well as the ACLU Freedom of Speech Award, to mention a few.

Known for movies