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How Much Does Will Smith Cost? – Will Smith’s Net Worth

Will Smith Net Worth

Will Smith is a complete actor, a star in feature films and television shows, a musician, and a producer. He accepted the challenge of his career in the lead role in Ali, the biography of the legendary boxer Muhammad Ali. For his performance, Smith received nominations for the Best Actor Award from the Academy of Motion Picture Arts and Sciences, the Hollywood Foreign Press Association, NAACP, the American Film Institute, and the Film Critics Association.

Not long after that, the rapper Will Smith became one of the greatest superstars, not only in music but also in television and movies.

What is Will Smith’s net worth?

Will Smith’s net worth is $350 million at the time this article is written. Moreover, he earns at least $40 million every year from different endeavors he has. For instance, he earned around $45 million between June 2019 and June 2020 from his different endeavors, but mainly from film salaries.

You might also like our articles on the net worth of Shaquille O’Neal, Kanye West, or R Kelly.

Will Smith was at the peak of his career in the 2000s when he earned $20 to $30 million for just one movie. In the last few years, he won a lot of money from different Netflix movies. For example, in 2017 he won $20 million for the Netflix movie “Bright”, plus another $35 million for its sequel.

Will Smith is also very famous on social media, not only for his movies. For instance, he has around 30 million followers on TikTok, more than 9 million subscribers on YouTube, and more than 64 million followers on Instagram.

Life taught the Hollywood actor to be disciplined with his finances after the unpleasant experience he had at the end of 1990 when, after earning $10 million and spending the vast majority of that amount, it was announced that he did not pay $2.8 million in taxes. Maybe that’s why he’s been very careful ever since when it comes to his finances.

Will Smith

Net Worth: $350 Million
Gender: Male
Date of Birth: Sep 25, 1968 (53 years old)
Nationality: United States of America
Profession: Rapper, Record producer, Actor, Screenwriter, Film Producer, Television producer
Height: 6 ft 2 in (1.88 m)

Key Facts

  • He owns around $100 million worth of real estate together with his wife Jada
  • While filming “Fresh Prince” he was broke
  • For the first three seasons, IRS took 70% of his paycheck
  • Won $100 million only from “MIB3”
  • Became one of the highest-paid actors in the world
  • Will Smith won hundreds of millions of dollars from film salaries

Early Life and Career

Will was born on September 25, 1968, in Philadelphia. He grew up in the middle class in West Philadelphia, in the Germantown neighborhood. Entering the music scene, he met Jeff Townes at a party, with whom he began his artistic collaboration; they took the name DJ Jazzy Jeff & the Fresh Prince. When the duo managed to gain popularity, Smith spent a lot of money buying a house, cars, and jewelry.

The two immediately became locals’ favorites, but their music careers were called into question when Will graduated from high school and was offered a place at MIT College. In the end, he chose to pursue a career in music, and in 1987 Jeff Townes and Will Smith managed to release their first album, “Rock the House.”

Driven by the hit “Parents Just Don’t Understand”, DJ Jazzy Jeff and Fresh Prince entered the music market with the album “He’s the DJ, I’m the Rapper”, this being one of the first hip-hop LPs that won two platinum records.

In 1989 they released the album “And In This Corner”. Will Smith came to Hollywood’s attention and in 1990 was chosen to star in the comedy series “The Fresh Prince of Bel-Air” on ABC television. The series was a huge success and the name Will Smith was on everyone’s lips.

Smith continued his music career and in 1991 rose to the top with the song “Summertime” from the album “Homebase”.

The following year he made his big-screen debut with “Where the Day Takes You”. Then, in 1993 he starred in “Six Degrees of Separation”, which was widely criticized.

Career Problems

Will Smith’s career is suffering, after the scandal that the actor caused at the Oscars. He was the subject of debate on the internet after a violent moment at the Oscar Gala. The actor took the stage and hit the presenter Chris Rock after he made a joke about his wife. Rock said he expects to see Jada Pinket Smith in “G.I. Jane” 2. It was an allusion to the fact that the actress is bald due to a medical issue.

Some of the movie salaries earned by Will Smith:

  • King Richard: $60 million
  • Bad Boys: $2 million
  • Bright: $20 million
  • Bright 2: $35 million
  • Independence Day: $5 million
  • Hancock: $20 million + 20% of gross
  • Men In Black: $5 million
  • Men In Black 2: $20 million plus 10% of gross
  • Hancock: $20 million + 20% of gross
  • Enemy of the State: $14 million
  • I Am Legend: $25 million
  • Wild Wild West: $7 million
  • Pursuit of Happyness: $10 million + 20% of gross
  • The Legend of Bagger Vance: $10 million
  • Hitch: $20 million
  • The Legend of Bagger Vance: $10 million
  • Shark Tale: $15 million
  • Ali: $20 million
  • I, Robot: $28 million

Real Estate

Will and his wife Jada own about 10 properties in the United States, which constantly increase in their value. In 1999, the two spent $7.5 million to buy an impressive 100-acre property on the hills between Malibu and Calabasas, California. Subsequently, they bought more land and after building a mansion, they managed to add value to this project, which is currently valued at almost $70 million.

Awards

In 2007, the prestigious American magazine Newsweek crowned him as one of the most powerful actors in the world, thanks to his success at the box office and his ability to play all kinds of roles and do them abroad, as well as at home. In 2007, his films grossed more than $4.4 billion.

Personal Life

Smith married actress Sheree Fletcher in 1992 and had their first child, Willard Carroll III, known as Trey Smith. The couple divorced in 1995. In 1997, Smith remarried actress Jada Pinkett, with whom he had two other children, Jaden Smith (1998) and Willow Smith (2000). He and his wife founded the Will and Jada Foundation, which raises money for education and support for children from poorer families. Together with his brother Harry, he owns Treyball Development Inc., a Beverly Hills company.

Regularly placed on the Fortune Magazine list of the 41 richest Americans, Smith also helped the victims of Hurricane Katrina. Smith produced All of Us, a show based on his family life, in 2005.

Conclusion

Will Smith is one of the highest-paid actors of the last twenty years, with a net worth of $350 million. Moreover, he and his wife Jada own a great real estate portfolio which includes properties all over the United States of America.

Alec Pow
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