Will Smith Net Worth
|Date of Birth:||September 25, 1968|
|Age:||53 years old|
|Height:||6 ft 2 in (1.88 m)|
|Profession:||Actor/Film Producer/Record Producer/Television Producer Rapper/Screenwriter|
|Nationality:||United States of America|
|Net Worth:||$350 million|
Will Smith’s estimated net worth is $350 million. If you’re surprised that it isn’t more, that’s because tax and expenses take out a big chunk of the pie.
Will Smith Early Life
Will Smith was born on 25, September 1968, in West Philadelphia, Pennsylvania, of modest beginnings as the child of a school administrator and refrigeration engineer. One of his childhood friends was Jeffrey Allen Townes who was a popular local radio DJ and was eventually known by his nickname “DJ Jazzy Jeff”. They met by chance at the time, Jeff was performing down the road and needed a hype man for his show. Smith was eager to take the job and the two had an instant rapport. They would eventually form an act called DJ Jazzy & The Fresh Princes.
They caught the year of Russell Simmon’s at Def Jam Records who had signed them to a deal in 1986. Their first album “Rock the House”, which was released in 1987, was a huge success. The album has gone gold. Their second album, He’s the DJ, I’m the Rapper, was released in 1988. It was a huge success, selling more than three million copies. Together, they would release five albums
Will Smith Personal Life
Will Smith has two children with his second wife, Jada Pinkette, his wife since 1997, named after her. Their children, Jada Pinkett Smith and Willow Smith, both work in the entertainment industry. He also has a daughter named Trey from his first marriage to Sheree Zampino.
Will Smith Age, Height, and Weight
Being born on September 25, 1968, at the age of 53 years old today, his Height is 1.88 m and his weight is 218.4 pounds.
Awards and Achievements
Smith was twice nominated by the Academy Awards for portraying real people, first for portraying Muhammad Ali in “Ali”, then for portraying Chris Gardner in “The pursuit of Happiness”. Among his awards, he has two BET Awards, an Image Award, four MTV Movies Awards, and two People’s Choice Awards.
Will Smith Career
Smith’s music career started out when he formed the rap group DJ Jazzy Jeff & The Fresh Prince with his friend Jeffrey Towne in the 1980s. They had several famous songs, including “Summertime” and “Parents Just Don’T Understand”.
The problem came when he started spending a lot of his own money and ended up owing the IRS $2.8 million in back taxes. At that time, Smith was approached by the IRS about the making of the TV show ‘The Fresh Prince Of Bel Air’.
With no money and open to trying new ideas, Smith accepted the offer, and the show became a huge hit. For a short time, 25% of his paycheck from the show went directly to the IRS.
He appeared in the TV series Six Degrees of Separation, then starred in several films in the 1990s, including Bad Boys, Men in Blue, and Enemy of the States.
Since then, Will has broken acting records, made some of the most successful movies worldwide, and has become among the highest-paid actors in the world.
How Much Does Will Smith Spend From Money?
The Smiths spend an average amount of their money on luxuries. Will owns a Bentley Azur, a Maybach 57S, a 1965 Ford Mustang GT, a Cadillac Escalades, and a Mercedes Benz GLS 450.
Will Smith and his family have taken many vacations in the past and they don’t come cheap. The Smiths have owned real property worth $100 million across different countries.
Their house in Calabasas cost $42 million. The Smiths spend part of their millions spoiling each of their three children; Jaden, Willow, and Trey. They bought Jaden his own 6,000-square-foot mansion worth $4 million.
Will Smith and Jaden Smith have their own foundation called “The Will and Jada Smith Family Foundation” It has donated over $1 million to charity and other organizations.
Their biggest beneficiaries have included Christian churches, the Scientology organization, and mosques. They also donated funds for a Scientology school in 2010.
Will Smith’s Net Worth
Will Smith’s net worth has been estimated at $350 million. These earnings are due to an entertainment career spanning three decades, from his rapping to his many acting and producing roles behind the scenes.
From 1988 to 1990, Smith earned an estimated $1 million per year thanks to his music career alone. He made his transition into film and television, which earned him millions more throughout his career, with films like 1995’s Bad Boys earning him an estimate of $2 million. Meanwhile, for the sequel in 2003, he earned an estimated $20 million.
Smith’s penchant for big-budget franchise films has never let him down, with his highest salary coming from his role in Men In Black 3. For this movie, it reports Smith earned $20 million upfront, plus an additional $80 million in backend payments thanks to his 10 percent share of the box office gross. His earlier films, such as 2007’s “I Am Legend” and 2004’s “I, Robot,” earned him $25 million and $30 million, respectively. He has been earning even more from his later projects, including the first movie in the series, from which he earned $55 million.
Will Smith’s net worth is estimated at around 320 million dollars, as of 2022.
The actor has delivered more than eighty successful movies in his career. Men in Black and Hancock are among the most notable ones.
The actor also owns an entertainment company called the Overbrook Company. Will Smith has also acted in two movies and nearly written three projects in his career so far.