Will Smith Real name is Willard Carroll Smith Jr. According to Forbes, Will Smith net worth is $350 million, making him one of the richest actors in the world.
Will Smith is an American actor, rapper and songwriter. He is loved by millions and is undoubtedly one of the most beloved actors throughout his career.
Many people know that Will Smith turned down the role of Neo in The Matrix. But how many of you know that Will Smith is the only actor to have eight consecutive films grossing over $100 million at the box office?
Will Smith is a Hollywood all-rounder. He is a very good actor, rapper, producer and a very good comedian. He is very well known for the movie “Men in Black”. Will Smith is a man who became a millionaire at the age of 18. At that time he was the highest paid actor in the world.
Will Smith Net Worth:
Will Smith is an actor, film producer and rapper who has been one of the most famous and popular celebrities in the world for decades. Will Smith’s net worth is his $350 million. Will Smith earns at least his $40 million annually from various businesses and has made up to $80 million in a few years.
At the height of his career in the 2000s, Will was making from $20 million to $30 million for one of his films.
In recent years, he’s earned a huge single-movie salary from Netflix. He reportedly made $20 million for the 2017 Netflix movie Bright and $35 million for the sequel. In bonuses, he made $60 million (and a nasty Oscar) for King Richard.
Will Smith is also a social media superstar and influencer. Will has over 45 million followers on his Instagram, 8 million subscribers on YouTube, and 30 million followers on TikTok.
Will Smith Background:
Will Smith was born on September 25, 1968 in West Philadelphia and grew up in a modest environment. Will Smith parents is a school administrator and a refrigerator engineer.
One of his childhood friends was Jeffrey Allen Towns, a popular local DJ who eventually became known as DJ Jazzy Jeff. They met by chance when Jeff was walking down the street and needed a hype guy.
Will Smith jumped at the chance and the two had instant chemistry. They eventually formed a group called DJ Jazzy Jeff & The Fresh Prince. In 1986, they celebrated the year of Russell Simmons on his Def Jam Records and signed a deal.
In 1988, Will Smith won the first-ever Grammy Award in the newly formed rap category.
IRS Issue in Will Smith Life:
Between 1988 and his 1990, Will Smith earned about $10 million from his music career.
Assuming the good times would last forever, Will spent his money like an old fashioned. He bought houses, cars, clothes, jewellery, and more. Not only did he pamper himself, he also pampered his friends and family.
Unfortunately, around the time he won the Grammy, radio audiences were starting to get bored with Will and Jazzy Jeff. Their “radio-ready” songs were suddenly derided as “rap sold out”.
Will also did not pay his taxes during his wedding. At age 21, Will was informed that in his fat years he failed to pay $2.8 million in taxes. This equates to approximately $6 million worth of inflation-adjusted debt.
In a 2018 interview, Smith talked about his rough times, “Famous and bankrupt is the worst combination because you’re still famous and people recognize you, but I know you while sitting next to me on the bus.”
Some Years later, in an interview with 60 Minutes, Will said of the early television era: , I’m back for the third year” reached zero. It sucks to be quiet and broken while having so much success.”
Will Smith Career:
Will Smith film career got off to a big start in 1995 when he starred in the hit action-comedy Bad Boys, earning $2 million, and in 2013, Will earned $200 million in film salaries and awards.
As of Forbes, his film earnings are easily over $300 million. Will’s biggest payday came in 2013, when he earned $20 million upfront from Men in Black and $80 million on his backend points. He also reportedly had 20% of his total earnings from Bad Boys 2, Hancock and Pursuit of Happiness.
Some of the Will Smith movies, which salaries earned highest:
- Bad Boys: $2 million
- Independence Day: $5 million
- Men In Black: $5 million
- Enemy of the State: $14 million
- Wild Wild West: $7 million
- The Legend of Bagger Vance: $10 million
- Ali: $20 million
- Men In Black 2: $20 million plus 10% of gross
- Bad Boys 2: $20 million + 20% of gross
- I, Robot: $28 million
- Shark Tale: $15 million
- Hitch: $20 million
- Pursuit of Happiness: $10 million + 20% of gross
- I Am Legend: $25 million
- Hancock: $20 million + 20% of gross
- Bright: $20 million
- Bright 2: $35 million
- King Richard: $60 million
- Emancipation: $35 million
Smith never left music, and while working simultaneously on his films he released 4 solo albums, two which have gone platinum. Smith did his singles, among them “Men in Black, Getting Jiggy Wit It,” earned two consecutive Grammy Awards for Best Rap Solo Performance.
Will Smith Awards/Endorsement:
Will Smith was twice nominated for an Academy Award, both for portraying real people, Muhammad Ali in “Ali” and Chris Gardner in “The Pursuit of Happiness”. Among all hids awards, will smith has 2 BET Awards, 1 Image Award, 4 MTV Movie Awards, and 2 People’s Choice Awards.
Will Smith Personal Life:
Will Smith with his wife, Jada Pinkett, has two children since 1997. His both children, Jaden Smith and Willow Smith, both are in the entertainment industry. He also has a son named Trey with his first wife Shelly Ampino.