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Everything We Know So Far About Will Smith Net Worth?

Will Smith is one of the most phenomenal actors in Hollywood. Smith is an American actor, rapper and movie producer. Will Smith’s net worth is around $375 million. He is a man who became a millionaire at the age of 18.

Recently, Will has rejected the role of Neo at Matrix. He is the only actor in the world whose eight movies have earned $ 100 million in a row. There was a time when he was the highest-paid actor in the world. And so his net worth reflects this huge amount which is $375 million.

About 80% of his earnings come from his film-acting career and the rest 20% comes from his several investments in different ventures. You may get surprised to know that, even now he earns from the Fresh Prince of Bel-air.

will smith net worth

Though he has left his music career behind still he earns some amount from his royalties. If we could believe the news of Variety then his real estate net worth is around $125 million.

Along with this, the house where he stays has a net worth of around $45 million. Smith has around 20 different cars from various companies and it costs around $10 million.

He is one of the few actors who has a fixed salary for his film and in addition, he does have some of the earnings from the movie’s collection.

How Did Will Smith Become Famous?

Will Smith was initially known as a famous rapper. He has a huge hit album and its name is Fresh Prince. By teaming up with long-time friend Jeffery Allen who is well known as DJ Jazzy Jeff made hits like “Parents Just Don’t Understand” and “Summertime”

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What is the Hot News About Will Smith?

Recently, the 94th Oscar Awards ceremony was held at the Dolby theatres in Los Angeles. At that time Chris Rock came on stage and he joked about Jada Pinkett Smith who is the wife of Will Smith.

will smith net worth

After this Smith stood up from his seat and went towards Chris and slapped him. Will also warns Chris that never took my wife’s name on his tongue. At that time Chris joked about the baldness of actress and singer Jada Pinkett Smith. Chris Rock is an American comedian.

What is the Net Worth of Will Smith?

The world’s favourite American actor Will Smith has a net worth of $375 million. This net worth is according to various sources like Wikipedia, Forbes and IMDb.

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Biography of Will Smith?

Smith was born on 25th September 1968 in Weinfield, Pennsylvania. His father believes that education was not restricted only to the classrooms so he always takes Will and his brothers to new places every year where they get knowledge about the history and various cultures of that place.

Smith kept finding the actor which lies inside him since childhood. So due to this, he became a rap singer at the age of 18. His songs were such a hit he made him a millionaire at the age of 18. The fame was earned from the album Fresh Prince of Bel Air.

He learned to earn money from a very small age but still, he did not learn to pay taxes. So he needed to pay almost two third of the TV show’s earnings to the IRS as tax.

Will was nominated for best actor Academy Awards for his role as Mohammad Ali in 2002. After five years he was again nominated for Oscar Awards for his role in Pursuit of Happiness.

How Much Did Will Smith Get Paid for His Movie Aladdin?

Will Smith wishes to have at least $20 million to play the role of Genie in his Aladdin movie which was released in 2019. Fortunately, he got that amount. Sources told that Smith was paid $12.5 million upfront and the rest he got from the movie’s gross income. As of now Will Smith net worth is $375 million.

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What is the Story of the Irs Issue Regarding Will Smith?

Between 1988 and 1990, Smith earned approx $10 million from his musical career. Smith spends his money like he doesn’t care about it. He purchased houses, cars, clothes, jewellery and much more luxurious stuff.

Unfortunately, right around the time, he won the Grammy, radio audiences were beginning to grow tired of Will and Jazzy Jeff. Their “radio-friendly” songs were suddenly being sneered at as “rap sell-outs”.

Also, unfortunately, during the high times, Will was not paying his taxes. At 21 years old, Will was informed that he neglected to pay $2.8 million worth of taxes during his fat years. That’s the same as around $6 million worth of debt after adjusting for inflation. Speaking of his tough years in a 2018 interview, Smith said:

“Being famous and broke is a shitty combination because you’re still famous and people recognize you, but they recognize you while you’re sitting next to them on the bus.”

At this time, Smith was approached by super-producer Quincy Jones about starring in a television show. Initially, Will rejected the idea of starring in a TV sitcom.

He was terrified that this would make him look like even more of a sellout. But on the plus side, the gig came with a large paycheck.

During an interview with 60 Minutes years later, Will said the following about his early TV days:

For the first three years of The Fresh Prince of Bel-Air, the IRS was taking 70 per cent of every check and after the third year, I got back to zero. It’s terrible to have that kind of success and have to quietly be broke.

Conclusion

Will Smith Net worth is around $375 million. No doubt he is an incredible and versatile actor of all the time. We hope this information is worthy to read for you guys. We will definitely share more such news so stay tuned with us.

 

 

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