Born Willard Christopher Smith Jr, Will Smith, is without any doubt, one of the top figures in Hollywood and he has built quite a legacy through his family. The famed actor is also a producer, rapper, comedian, and songwriter. Previously known as a rapper, Smith took to acting and swiftly became one of the A-listers, starring on The Fresh Prince of Bel-Air before headlining films like Independence Day, Men in Black, and Ali among other blockbusters.
A look at his journey to stardom justifies the fortune he has just as his career attainments have proved he’s worthy of the respect accorded to him.
How Will Smith Made His Money
By the at age of 12, Smith was already practicing rapping, emulating legends like Grandmaster Flash. His career as a rapper officially started at age 16 after forming a hip-hop duo with his childhood friend. The pair launched a highly successful rap career as DJ Jazzy Jeff & The Fresh Prince.
Between 1990 and 1996, he played the leading role in the famous TV show, The Fresh Prince of Bel-Air. Since then, he has featured in multiple movies and TV shows. The wealth he has garnered today is all thanks to his hit movie roles, lucrative endorsement deals, as well as successful business ventures. He played his first major movie role in the 1993 movie Six Degrees of Separation, and later Bad Boys. His spectacular performance at the box office began with the 1996 movie Independence Day, which grossed a whopping $817.4 million. This was followed by the much-acclaimed Men In Black which grossed $1.909 billion.
Other major top-grossing movies credited to Smith include Suicide Squad which recorded up to $746.8 million at the box office, Aladdin which raked in $1.051 billion, and Hancock that brought in a total of $624.4 million at the box office. Smith’s great talent and adaptability in every movie role have seen him appear on every year’s list of world’s highest-paid actors. Considered by many as an acting genius, it’s quite safe to say that Smith can rub shoulders with the likes of Tom Cruise, Tim Allen, Robert Downey, among other top Hollywood stars. His prowess as an actor has also scored him countless prestigious awards.
His Net Worth and What He Does With His Wealth
The Philadelphia-born actor is no doubt one of the top players in the entertainment industry but he is yet to join the billionaires’ club. His estimated net worth as of 2020 is $350 million. When you add Jada’s $50 million fortune, it becomes apparent that the family is enjoying a life of luxury. Additionally, Will and Jada have raised highly productive children who are all doing great in their different endeavors.
Will Smith and Jada Pinkett have come a long way with an admirable financial status. The amazing duo and their three children always pull all the stops with living a life of luxury that features lavish vacations and state of the art cars and mansions.
Will Smith’s House
The renowned entertainer has earned the right to a life of luxury. He currently owns several lavish residential properties, and of course, a long line of flashy supercars. In his hometown of Calabasas, he owns a huge mansion valued at a whopping $42 million. The house has 25,000 square feet of living space and besides the huge mansion, Will owns a luxurious motor house valued at $2.5 million.
The family also used to own a mansion in Hawaii which they sold for $20 million in 2011. Another home located in Hidden Hills is worth $4 million. Jaden Smith moved into the latter, a gated community with the likes of Kylie Jenner as residents.
Back in 2007, Newsweek named him “Hollywood’s Most Powerful Actor”. This is notably the same year that Smith donated a whopping $1.3 million to charity organizations. Together with his wife Jada Pinkett Smith, he established a private elementary school in his hometown, Calabasas, California. His charitable nature and the willingness to give back to the community has made him a darling among the people in his hometown and the world at large.
The Smith family knows how to leave us green with envy with their luxurious holiday getaways. Back in 2019, they released countless pictures on social media depicting their recent vacation across Europe. During the trip, they hired a whole yacht with 13 staff members, complete with a spa pool, jet skis, sundeck, and a lot more. The yacht dubbed Mischief took them around Italy and Greece while they captured every priceless moment to the satisfaction of fans.
Will Smith has also been spotted in a yacht in the past. He partied hard on his Ibiza trip in 2014 while enjoying the city from his chartered yacht. In case you are wondering, chartering a yacht for at least a week can have you part with as much as $500,000.
Flashy Cars, Designer Wears & Accessories
When she turned sixteen, Willow Smith got a Porsche Cayenne Turbo. Did we mention that the car was worth $120,000 at the time it was purchased in 2017? For a regular sixteen-year-old from a middle-class family, it might be just a dream but for Will Smith’s daughter, why not? Willow’s brother, Jaden, drives a Tesla Model X worth around $85,000. Their parents are not so into flaunting their cars for all to see but as gathered, Will Smith has a collection of luxury cars which include a Maybach, Escalator, Navigator, Bentley, and Mustang.
When you are worth a huge fortune like the Smiths buying clothes and accessories with ridiculously high price tags becomes normal. With the help of paparazzi, Smith and Jada’s shoes photographed in 2013 were found to worth $950 (Lanvin Iridescent High Top sneakers) and $638 (Reed Krakoff cutout sandals) respectively.
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Me and @jadapinkettsmith clean up NICE! We flew down to ATL to be with @tylerperry as he opened the FIRST and largest Black-Owned studio. This moment is monumental in so many ways! And a sound stage in my name… 😳 I’m inspired and honored to be part of something of this magnitude. @tylerperrystudios 📹: @westbrook @jas
The duo has never disappointed on the red carpet when it comes to fashion which is one of the things they are admired for. Judging by the way his children dress in public, it is also obvious they caught the fashion bug and have built a glorious wardrobe.
Wife and Kids of Will Smith
In 1992, Smith married actress Sheree Zampino and they had one son, Trey Smith. Their son was born on November 11, 1992, and the couple divorced in 1995. The renowned entertainer moved on to build a family with fellow Hollywood heavyweight, Jada Pinkett.
Meet The Actor’s Wife, Jada Koren Pinkett
Smith got married to Jada Koren Pinkett in 1997 and together they have two children: a son named Jaden Christopher Syre Smith (born 1998) and his sister Willow Camille Reign Smith (born 2000).
An American actress who has branched out to other areas as a singer-songwriter, screenwriter, and businesswoman, Jada was born on September 18, 1971, snd she started acting in 1990. She began her journey to fame with a guest role on the sitcom True Colors. Her first feature film appearance was in Menace II Society in 1993 while her breakthrough came with her role in The Nutty Professor in 1996.
She has since appeared in several movies and TV shows to rave reviews, including Set It Off, Scream 2, The Matrix Reloaded, Bad Moms, Gotham, and many more. She is still active in her exploits as an actress and runs a production company with her husband.
Willard Carroll Smith III (Trey)
He is the first child of Will Smith who joined the family through his first marriage. Named after his famous father, Willard Carroll Smith III is also the less famous person in the family. Notwithstanding, he is doing quite well following his father’s footsteps.
Born on November 11, 1992, in Los Angeles, California, Trey was an active football player in high school but later chose a career in entertainment. As an actor, he is known for All of Us (2003), The Speech (2008), and Will Smith: Just the Two of Us (1998).
Jaden Christopher Syre Smith
Jaden Smith is the first child of Will and Jada and the second son of Will Smith. He was born on July 8, 1998, and has unsurprisingly chosen to pursue a career in the entertainment industry. Along with his father, Jaden appeared in his first onscreen role in The Pursuit of Happyness (2006). Other popular films he has appeared in include The Day the Earth Stood Still (2008), The Karate Kid (2010), and After Earth (2013). The criticism that emanated from After Earth made Jaden reluctant to do more movies.
He subsequently dedicated his time to making music. His first studio album, Syre, dropped on November 17, 2017, while his sophomore piece, Erys, hit the airwaves on July 5, 2019. He also has some mixtapes in his collections, one of which is CTV2.
Jaden returned to the screen with a role in The Get Down (2017) and a voice role in Neo Yokio the same year.
Willow Camille Reign Smith
The only daughter of Will Smith was born on October 31, 2000. As expected, she is an American singer and actress but has also added producing records and writing songs to her resume. The first acting role she had was in I Am Legend (2007) with her father. She then appeared in Kit Kittredge: An American Girl. Her acting exploits have earned her a Young Artist Award.
As a musician, Willow is the youngest artist signed to Jay-Z’s Roc Nation. She joined the stable in 2010 and released her single Whip My Hair the same year. Another one titled 21st Century Girl dropped in 2011. Willow released her first studio album dubbed Ardipithecus on December 11, 2015. Her first single performed well, peaking at #11 on Billboard Hot 100 while the video got a Video of the Year nod at the BET Awards in 2011.
On her birthday in 2017, she dropped an album titled The 1st. Her third studio album is self-titled (Willow) and was released on July 19, 2019. Asides acting and music, Willow co-hosts a popular web television talk show known as Red Table Talk alongside her mom and grandmom Adrienne Banfield-Norris.
Death Rumors That Have Plagued The Smiths
Being a public figure and living most of your life under the spotlight makes one prone to fake news, especially death rumors. While Smith is hale and hearty, he has fallen prey to a lot of death hoaxes, most of which were done to generate traffic to websites.
In October 2013, fans started seeing headlines about Will Smith’s death while in surgery after an accident befell him as he was filming Hancock 2. However, when readers click on the posts to see the alleged videos showing his death, they end up installing a rogue app that posts the same link to other Facebook pages in their name. Thus, the fake news went viral.
In 2016, another rumor alleged that Smith’s son Jaden Smith committed suicide. The news went viral and sent fans into a complete frenzy. Nevertheless, the situation calmed down after the star continued being active on his social media platforms.
Regardless of all the fake news making the rounds, Will Smith is alive and well.