How Will Smith Achieved a Net Worth of $300 Million

Will Smith

There is no 100 percent certain figure that can be found for Will Smith’s current net worth. This makes sense because most celebrities have no reason to release that much information about themselves, though a lack of information has never stopped interested individuals from offering speculation. With that said, some speculation comes from much more reliable sources than others, with most examples putting Smith’s current net worth at 300 million.

Net Worth$300 Million
NameWillard Carroll Smith Jr.
Age51
BornPhiladelphia, Pennsylvania
Birth DateSeptember 25, 1968
Source of WealthAmerican Actor and Rapper
CountryUnited States

How Did Will Smith Reach His Current Net Worth?

For those who are unfamiliar with his story, Smith had his mind set on a career in the entertainment industries when he was still in high school, so much so that he turned down a very probable chance of studying at MIT in preference for focusing on rapping.

Initially, Smith was one member of the hip-hop duo called DJ Jazzy Jeff & The Fresh Prince, with the other member being his friend Jeffrey Townes. The two became well-known for light-hearted rap with a strong emphasis on storytelling, which brought them a fair amount of success. For proof, look no further than the fact that the hip-hop duo won not one but two Grammy Awards over the course of their career. With that said, it is important to note that this part of Smith’s life probably didn’t contribute too much to his net worth, seeing as how he made some rather unwise decisions when it came to his finances. To be exact, Smith underpaid his income taxes by a huge number, which is why the IRS ended up having to not just garnish his income but also take control of a lot of his possessions. In fact, Smith’s finances were in such a bad shape that he was actually close to bankruptcy when NBC offered him the chance to play the starring role in The Fresh Prince of Bel-Air.

From that point on, Smith’s finances started improving at a significant rate, not least because he treated his acting career with such seriousness that he started studying commercially successful movies to see what characteristics they had in common. As a result, this led to Smith playing starring roles in a number of Hollywood blockbusters, which eventually saw him getting his solo music career underway as well with Man In Black. Since that time, Smith has continued appearing in a regular succession of high-profile movies. Sure, he has had some failures such as the much-panned After Earth, but so far, Smith’s career isn’t slowing in the least.

Summed up, it seems safe to say that Smith has built up most of his current net worth through his music as well as his movies. He has been known to become involved in other projects as well, but for the most part, he is known for being particularly cautious when it comes to cultivating his image as a star.

What the Future Holds for Smith

As implied earlier, Smith has a number of projects that are expected to be released in the near future. For example, he will be playing the lead role in a 3D animated movie called Spies in Disguise, which will feature him playing a super spy who has to team up with the inventor responsible for making his high-tech gadgets. Furthermore, he will be playing the part of the Genie in Disney’s live-action version of Aladdin, which is expected to be released in 2019. Likewise, he will be playing an aging assassin going up against a younger clone of himself in Gemini Man, which is expected to be released in 2019 as well. Based on this, it is clear that Smith remains very active in the world of acting, meaning that his net worth should continue to increase for the foreseeable future.

On top of this, it should be mentioned that Smith remains interested in music as well. For proof, look no further than the fact that he released a song called “Get Lit” in 2017, which is particularly interesting because it was a collaboration between him and Jeffrey Townes, with whom he has managed to remain friends the entire time. It is unclear whether Smith is planning to release a large volume of new music or not, but it seems improbable considering the last time that he released a full album was back in 2005. As a result, while Smith’s musical efforts might have a significant impact on his future net worth, that is by no means as certain as that from his acting career.

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