What is Jeff Beacher's Net Worth?
Jeff Beacher is an American producer, entrepreneur, and showman who has a net worth of $50 million. Jeff Beacher is best known as the creator and director of the live vaudeville-style variety show Beacher's Madhouse, which premiered to sold-out audiences in New York City in 2002 before having long-running residencies in Las Vegas and Los Angeles. Among his myriad other ventures, Beacher runs Beacher Media Group and is a founding partner of the tech investment firm 444 Capital.
Early Life and Education
Jeff Beacher was born on March 25, 1973 in the Brooklyn borough of New York City. Adopted at birth by Shelly and Fred, he was raised on Long Island, where he attended George W. Hewlett High School as a teenager. It was during high school that Beacher caught the entrepreneurial bug, leading him to create a number of businesses. Among them was a business that sold roses in the tri-state area.
Ethan Miller/Getty Images
Beacher's Madhouse
Beacher hit it big in the early '00s as a stand-up comedian and showman. In 2002, he debuted his live show Beacher's Madhouse at Madison Square Garden's Paramount Theatre in New York. Inspired by vaudeville tradition, the show combined comedy, theater, and performance art to recreate the experience of classical circuses, but with a modern twist. The Madhouse went on to premiere on Broadway, where it consistently played to sold-out audiences. Soon, it caught the attention of father-son businessmen Peter and Harry Morton, who offered Beacher a headlining gig in Las Vegas at Peter's iconic Hard Rock Hotel and Casino. The Madhouse debuted there in late 2003, and over the ensuing years substantially expanded and grew in popularity. In 2008, Beacher took the Madhouse on an 81-city tour, and the following year the show was a featured act on the Warped Tour and in the Mayhem Festival.
In 2009, the Madhouse found a new home at the Hollywood Roosevelt Hotel in Los Angeles. There, it continued its success, attracting such high-profile celebrity guests as Britney Spears, George Clooney, Katy Perry, Selena Gomez, Johnny Depp, and Leonardo DiCaprio. In late 2013, the Madhouse re-opened as a weekly show at the MGM Grand Hotel and Casino in Las Vegas, with special guest host Miley Cyrus. It remained in residency at the MGM Grand until 2016. That year, the show was performed in Calgary, Alberta, Canada. In 2017, as Beacher started focusing more on his health and wellness, Madhouse became a membership-only show reserved for celebrity guests.
Sam Morris/Getty Images
Health and Wellness
Beacher's hectic schedule – along with lingering childhood trauma and emotional eating – eventually got the better of him, taking a serious toll on his health. When he hit a weight of 440 pounds and was hospitalized following a collapse, he decided to focus on improving his lifestyle. This involved upgrading his diet and fitness routine, confronting his traumas through therapy, testing medications, and undergoing multiple surgeries. Over a decade, Beacher lost more than 200 pounds. He also helped other people in their health struggles during this time, and launched a private charitable fund to pay for life-saving medical operations and services. Additionally, Beacher created a health and longevity company called Beacher Vitality.
Other Ventures
In the midst of his lifestyle reinvention, Beacher established Beacher Media Group, which does consulting and PR and produces television shows, films, and podcasts. Later, in 2022, he was a founding partner of 444 Capital, a tech investment firm co-founded by the D'Amelio entertainment family and Silicon Valley hedge fund manager Doug Renart. The firm invests in high-growth tech businesses with a focus on supporting female and minority entrepreneurs. Elsewhere, Beacher is involved with Big Idea Ventures, which invests in food and agricultural technologies to combat food insecurity and foster new food ecosystems. Also related to food, he co-founded Craig's Vegan Ice Cream with his longtime friend Craig Susser, a famous restaurateur in West Hollywood.