In 2007 Shadyac, who is responsible for hits like "Ace Ventura" and "The Nutty Professor," gave up his 17,000-square-foot mansion in Pasadena, Ca. for a 1,000-square-foot mobile home. "I was standing in the house that my culture had taught me was a measure of the good life," Shadyac said in his 2011 documentary. "I was struck with one very clear, very strange feeling: I was no happier."
Now, six years later, Shadyac continues to live modestly and couldn't be happier as he explained to CBS' Bill Whitaker in the video above.
Click through our slideshow to see homes that are much smaller than Shadyac's place:
Do you have a home story idea or tip? Email us at firstname.lastname@example.org. (PR pitches sent to this address will be ignored.)