Will Smith net worth: The great Will Smith is a name not unknown to anyone in the world. He is an actor, film producer and a rapper with an estimated net worth of $350 million. As per the reports, Will Smith earns at least $40 million from his various endeavours every year. Moreover, he has made as much as $80 million for some of the years.
|Net Worth:||$350 Million|
|Birth:||September 25, 1968|
|Height:||6ft 1 ½ in|
|Eye Color:||Dark Brown|
|Country of Origin:||United States|
|Country Now:||United States|
|Love Life:||Married to Pinkett|
|Children:||3, Jaden Smith, Trey Smith, Willow Smith|
|Siblings:||Harry Smith, Ellen Smith, Pam Smith|
|Education:||Attended Overbrook High School.|
|Source of Wealth:||Music and Acting|
|Source of Fame:||Music and Acting|
When Will Smith was at the peak of his career during the 2000s, he earned $20 – $30 million per movie. Taking a view of the recent years, Will Smith has earned a massive amount as single-film salaries from Netflix. According to an estimate, he made $20 million for the 2017 Netflix movie “Bright” whereas $35 million for its sequel.
A few people know that Smith is also a superstar of Social Media. He has gained over 45 million followers on Instagram, 8 million subscribers on YouTube, whereas 30 million followers on Tik Tok until the date.
Will Smith was born on September 25, 1968, in West Philadelphia. He is the son of a school administrator and refrigerator engineer. He has three siblings named Pamela, sister; Harry and Ellen Smith who are twin brothers.
As far as educational background is concerned, Will Smith went to Overbrook High School and also got a scholarship offer at MIT. However, he refused to take it as he had no intentions to pursue college. He destined himself for the fulfilment of his dream to become a rapper, and it came true.
Will Smith’s childhood friends include Jeffrey Allen Townes, and he was a famous local DJ who was eventually known as DJ Jazzy Jeff. When Jeff was performing down the street, Will Smith met him by chance and soon they had fantastic chemistry. The two friends had eventually formed a group called DJ Jazzy Jeff & The Fresh Prince.
Smith and Jeff continued with their music venture, and then in 1986, they happened to get the Russell Simmons year at Def Jam Records and then they signed them to a deal. DJ Jazzy Jeff & The Fresh Prince launched their debut album “Rock the House” in 1987. This first album made an amazing success and went gold.
With the success of the first album, the second one “He’s the DJ, I’m the Rapper” was released in 1988. It turned out as another hit while selling more than three million copies. So, these best friends released five albums together in total. Will Smith received the first Grammy award in 1988 for the newly formed Rap category.
Taking a look of Will Smith’s career, he started with the formation of the rap group named ‘DJ Jazzy Jeff & The Fresh Prince’ with his friend Jeffrey Townes. They gained success with several famous hits, including ‘Summertime’ and ‘Parents Just Don’t Understand’.
However, Will Smith had to face a problem when he started spending a lot that made him end up with a tax debt of $2.8 million. Subsequent to this problem, the IRS took hold of various possessions of Will Smith. It was the time when he was approached and offered for the making of the sitcom ‘The Fresh Prince of Bel Air’.
Following the financial constraints, he needed money and was open to every new opportunity. So, with this consideration, he accepted the sitcom offer that turned out as a huge success. 25% of his pay-cheque was sent to the IRS to pay back the tax debt for a short period.
His appearance in the show made him earn fame to such an extent that he got an offer to work in several films and he accepted the offers in the 90s. Will Smith appeared in Six Degrees of Separation, Bad Boys, Men in Black, and Enemy of the State.
In terms of acting, Will Smith has a record-breaking profile as his most successful films are known worldwide. With such an amazing career, Will Smith’s net worth makes him one of the highest-paid actors in the world. He has worked with the best actors inclusive of Margot Robbie, Martin Lawrence, Jason Bateman, and his son Jaden Smith. As of 2020, the estimate shows that Will Smith’s net worth is at $350 million.
How Much Does Will Smith Make? – Assets Details
Here we have got the highlights of Will Smith’s assets details and about how he used to spend his fortune:
- The Will Smith family spend a fair amount on their interest in having luxury cars. Smith owns a Bentley Azure, Ford Mustang, a Mayback 57s, a Cadillac Escalade, and that of a Mercedes Benz GL450.
- Will Smith, along with his wife, has enjoyed numerous vacation trips and none of those was to be considered as cheap ones. Moreover, the Smiths family spent on real estate having a worth $100 million across the world.
- As per the real estate details, Will Smith’s home in Calabasas has a worth of $42 million.
- Furthermore, it has been in the reports that Will Smith and his wife have spent some of the millions and that just for spoiling their three kids, i.e. Jaden, Willow, and Trey.
- Will Smith’s son Jaden owns a house that was bought in 2016, spreading around an area of 6000 square foot and its worth is $4 million.
- “The Will and Jada Smith Family Foundation”, is owned by Will Smith and his wife. This foundation has given over $1 million to charities and other organizations.
- The biggest beneficiaries of Smiths have been inclusive of Christian churches, the Scientology organization, and Mosques.
- Will Smith and family also donated funds to build a Scientologist school back in 2010.
Will Smith Net Worth & Earnings Yearly Breakdown
2016 – $20.5 Million
2017 – $3,230,000
2018 – $42 Million
2019 – $35 Million
2020 – $350 Million (Net worth)
Highlights of Will Smith’s Career
Here we have got the highlights of Will Smith’s successful career in the form of his most famous and hit films in the world:
- The Fresh Prince of Bel Air
- Bad Boys I & II
- Independence Day
- Men in Black I, II & III
- Enemy of the State
- The Pursuit of Happiness
- I Am Legend
- Seven Pounds
- Suicide Squad
- Gemini Man
- Bad Boys 3
Will Smith first got married to Sheree Zampino in 1992. He has a son, Willard Carroll, aka Trey Smith III from his first wife who was born on November 11, 1992. Will Smith and Sheree Zampino Smith got divorced in 1995.
Then Smith got married actress Jada Koren Pinkett, now known as Jada Pinkett Smith, in 1997. The couple Will Smith and Jada Pinkett Smith met for the first time when Jada got auditioned for a role as Will Smith’s girlfriend in the sitcom, The Fresh Prince of Bel-Air.
Although Jada didn’t accept to work for the role, however, she got Will Smith’s attention towards her when she appeared later on the TV series, A Different World.
The couple has now two children together, i.e. Jaden Smith and Willow Smith making up a total of three children.
Will Smith is one of the pioneer actors who has made it to achieve the best of his acting career. He has maintained his reputation well until the date, and that’s one of the reasons he is among the highest-paid actors of the world. Will Smith’s net worth is proof of his success throughout, and he has been exceptional in all aspects.
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