Will Smith

"The Fresh Prince" or Will Smith's net worth is currently around $350 million. Early in his career, Will made money as a rapper but big bucks dropped when he started doing movies. “Men in Black” and “Bad Boys” became cult classics and generated more than half a billion dollars in revenue. "Parents Just Don't Understand" and "Summertime”  rapper and singer also invested in a lot of companies and he continued to bathe in revenue from some of the firms he has founded with Jada Smith and other family members.

What Is Will Smith’s Net Worth?

As of 2024, "The Men In Black" actor has a net worth of $350 million.

Will Smith started his career as a rapper but gained more popularity when he started his acting career. Will is also a successful Film Producer, Record Producer, and Television Producer. While Will earns around a whopping $40 million every year on average, in his career peak the "Bad Boys" actor pocketed a hefty $20 million for the Netflix movie Bright (2017) and $35 million for the sequel (Bright 2).

Will's academy-winning film "King Richard" wasn't only a critical success in his acting life but also proved to be one of the highest-paid projects in Will's acting career earning $60 million as salary for the film. Other beneficial projects like "I, Robot" and "Emancipation" earned him $28 million and $35 million respectively.

As of last year (2023), Will's films have grossed more than $9.3 billion worldwide.

We have also curated a list of Will's film earnings over his acting career which are listed below.

Additionally, Will Smith is co-owner of several companies such as Just Water, Chromatik, and Treyball Development Inc., with his ex-wife, children, and other family members: Jada Pinket Smith, Jaden Smith, Willow Smith, and Trey Smith. Some of these companies such as Westbrook were once valued around $600 million. That s

What Is Will Smith’s Claim To Fame?

Many around the globe are getting to know more about Slappy Smith since his Oscar fiasco. However, how did such a distinguished and angry actor rise to fame? Ever thought about that?

• Breakout Role: He played a fictionalized version of himself, "Will," a street-smart teen from West Philadelphia who moves in with his wealthy relatives in Bel-Air. The show “The Fresh Prince of Bel-Air" gave him the biggest break of his life.
• Early Rap days: Before establishing himself as a successful actor, Will used to rap with his friend DJ Jazzy Jeff. The duo released their first album “Rock the House" which was an instant hit. 
• Bad Boys (1995): The action-comedy skyrocketed his fame into the stratosphere. He reportedly earned $2 million for the role and it became an instant banger in the box office creating its own type of cult following.

What Businesses Does Will Smith Own Or Is Part Of?

Be it the silver screen or Wall Street pitch room, Will Smith was never who can be ignored. He built up his Hollywood career without forgetting the value of investment. That is why, he owns around multiple companies and has endorsed several brands for additional sources of income.

He is aggressive when it comes to money and here are the following businesses or companies that Will Smith is running with his family members. 

• Smith Family Circle: Almost all the investments, mergers, and acquisitions by Will Smith and his family members are done under the Smith Family Circle's umbrella. Some of the venture capital investments done by Smith Family Circle include Modern Meadow, Thrive Market, Ethos, Double Robotics, Bio Beats, and more.
• Chromatik: The music learning online platform Chromatik, owned by Matt Sandler received a $5.7 million investment from Will Smith back in 2013.
• Julep Beauty: A cosmetics company founded by Jane Park received an investment of $30 million from Will Smith back in 2007.
  BioBeat Medical: Will Smith invested a total of $650,000 in this company back in 2013.
• Stance: Will Smith invested a whopping $6 million in this American clothing brand back in 2011.
• Telepool: It was owned by Will Smith's Westbrook before being sold to Vuelta Group’s SquareOne for an undisclosed amount in 2024.
• Treyball Development Inc: Will Smith and his brother Harry Smith run this real estate company together.
• Dreamers VC: It is a venture capital firm that works with US startups and Japanese investment banks. Will Smith co-founded it with Keisuke Honda, Takeshi Nakanishi, and Kosaku Yada. The company has given strategic investment to TravelBank and Mellitus.
• Just Water: In 2015, Just Water was founded which has a valuation of around $100 million in 2019. The company has reported a revenue of around $7.3 million.
• Overbrook Entertainment: Will Smith and James Lassiter gave birth to Overbrook Entertainment, a production company in 1998. It has produced Saving Face (2004), All of Us (2003-2007), The Pursuit of Happyness (2006), Bel–Air (2021-running), and more.
• Westbrook: In 2019, Westbrook was founded by Will and Jada Smith, Miguel Melendez, and Kosaku Yada. Since then it has produced hit films such as King Richard (2021), Bad Boys: Ride or Die (2024), and more. According to Zoom Info, Westbrook has a revenue of $65.3 million.

What Brands Does Will Smith Endorse?

• Nike: Will Smith had a brand partnership with the footwear brand Nike and he was also promoting Nike’s Air Jordan shoes. The Air Jordan V ‘Fresh Prince’ was a result of a collaboration between Michael Jordan and Will Smith.
• Fitbit: Fitbit signed Will Smith as their brand ambassador recently in 2021. As per the deal, the actor is supposed to provide exclusive content to Fitbit. Fitbit is currently owned by Google.
• Porsche: Will Smith's new film Bad Boys: Ride or Die (2024) has featured a 911 Turbo S. It has served as the indirect promotion for Porsche.
• Ray-Ban: You can spot Will wearing Ray-Ban sunglasses in many movies. Will Smith is also wearing Ray-Ban RB 2030 Predator sunglasses in the movie Men in Black.
• Apple: Smith's Emancipation (2022) film was produced by Overbrook Entertainment and Westbrook Studios. It streams on Apple TV+. That said, in order to promote the film, Will became part of Apple's streaming service in order to give away two-month free trials.

In addition to these, Will Smith led Moncler's Genius Is Born Crazy campaign in 2019. He has promoted YouTube events through his channels, and he is the brand ambassador for Insta360.

How does Will Smith spend his money?

Will Smith as the co-owner of The Smith Family Circle has invested in a lot of ventures and brands. He has put down money for real estate, expensive cars, motorbikes, and jewelry as well. All of this was possible as he made around $10 million from his musical career. Being famous at 21 years of age can lead to some bad times and for the "Fresh Prince" it was regarding his tax payments. During that time, Smith came to know about his negligence for not paying his taxes worth $2.8 million. The IRS intervened and took harsh steps to get the money back from the up-and-coming actor. After he signed with the famous sitcom "The Fresh Prince of Bel-Air", the IRS took 70% of his salary for three straight years until his tax debt was completely paid off. 

How Many Houses Does Will Smith Own?

If you want to evaluate Will Smith's real estate portfolio, it can't be done without mentioning his former wife Jada Smith. Smiths have bought and sold properties together. Let's look at some of the transactions made by Mr. and Mrs. Smith (Hey, he still treats her as wife after divorce, ask Chris Rock LOL).

• Beach House in Hawaii: Will Smith owned a luxurious  $14.5-million beach house in Kauai, Hawaii. The actor and his family used this property as their vacation home. Back in 2011, Will sold the 7-acre property for $20 million.
• Mansion in Calabasas: In 2003, Will and Jada decided to spend $42 million on a 150-acre property in Calabasas. To this date, it serves as the Smith Family's primary residence. 
• Motor Home: Will Smith likes to live in luxury even when out on the road. He bought a $2.5 million home in 2004. It is a true mansion on the road with all the luxury that you can expect in your daily life. The actor lives in this RV while filming his movies.
• Kauai House: Will and his wife Jada bought a property back in 2009 for $14.5 million which was sold by the Smith couple for $20 million in 2011.
• California Homes: The couple owns two properties in Hidden Hills, California and the recent purchase was back in 2021 for a 14,400 sqft home bought for $11.3 million. Another one dates back to 2003 which was bought for $3.4 million. Furthermore, Smiths has a $910,000 Mediterranean-style in Woodland Hills.

How Big Is Will Smith’s Car Collection?

Our boy Will Smith doesn't like holding it back when it comes to cars. His car collection includes several luxury cruisers but he has been with some classics as well.

• Ford Mustang: Will Smith drove a red Ford Mustang GT500 in his film ‘I Am Legend’. The car was auctioned on eBay for $73,000.
• Tesla Roadster: The only pure electric vehicle in Will Smith's garage is a red Tesla Roadster. 
• BMW i8: Reportedly, Will Smith's garage has a BMW i8 worth $147,500. However, he has not been spotted driving the same. 
• Rolls-Royce Ghost: Apparently, there is only one Rolls-Royce model in Will Smith's possession, according to Drive and Supercar Blondie. 

Besides these, there are some other awesome rides in Will Smith's car collection which also includes a Maybach 57. Also don't forget about those Porsches from the Bda Boys franchise.

What are Will Smith’s charitable contributions and philanthropic endeavors?

Will Smith has been involved in numerous charitable contributions and philanthropic endeavors throughout his career. 

• Foundation: Will Smith and his wife, Jada Pinkett Smith, founded the Will and Jada Smith Family Foundation (WJSFF), which supports various causes, including education, arts, and social justice initiatives. It has donated $100,000 to the American Film Institute, 10,000 to the World Rebirth Foundation, and $2,500 to Big Brothers Big Sisters. That said, according to Variety, WJSFF collected $365,870 in 2022 which is significantly less than previous years (2021: $2,138,660, 2020: $1,760,000)
• Charitable Donations: The Smith family has donated millions to different causes over the years, including $1.3 million to charities and churches in 2007 alone. Recipients have included Christian ministries, Scientology organizations, and other religious and secular causes. He also did a bungee jump in 2018 for his 50th birthday. Lloyd's of London sponsored $200 million for the jump. Guess what? Will did survive, if you don't believe us ask Chris Rock (sorry bro, that was a funny GI Jane joke). Nonetheless, money was raised and donated to the charity Global Citizen.
• Disaster Relief: Will Smith and his family gave signed pieces of clothing to TheRealReal so that money could be raised to help the Caribbean Disaster Emergency Management Agency.

Besides these, Will has taken part in various charity events Nelson Mandela AIDS benefit concert in George, South Africa. He has also supported other charities such as Make-A-Wish Foundation, Florida Marlins Community Foundation, Red Cross, and more.

What’s Next For Will Smith?

Will Smith's most recent work is "Bad Boys: Ride or Die" in which he has worked with Martin Lawrence. It premiered on June 7, 2024. Smith will also be a part of several other projects like "I Am Legend 2", "Fast And Loose", etc and their release dates are yet to be announced. Karate Kid's next installment is also coming in 2025. It is being produced by Will's Westbrook company.

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