Home Biography Will Smith’s Biography, Net Worth & Investments

Will Smith’s Biography, Net Worth & Investments

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One of the greatest Black actors/icon alive, Will Smith has left jaw-dropping impressions and footsteps which any or every black person will always be proud of. We shall be considering in this post, the biography, net worth and including investments of Will Smith.

  • Biography
Will Smith's Biography, Net Worth & Investment
CREDIT: Rob Latour/Variety/Shutterstock

Born on September 25, 1968, in Philadelphia, Pennsylvania, Will Smith was born to Caroline (nee Bright), who was a Philadelphia school board administrator, and Willard Carroll Smith Sr., who was a U.S. Air Force veteran and refrigeration engineer and died in 2016. He grew up in West Philadelphia’s Wynnefield neighbourhood and was raised Baptist.

He was offered an admission to study at the Massachusettes Institute of Technology (M.I.T), however, he turned it down, stating that he wanted to rap only. He went on to become a four-time Grammy award winner.

  • Net Worth

Will Smith has reportedly amassed a net worth of $350 million as of 2019. The bulk of his net worth comes from his movie roles. For instance, he has reportedly been paid $20 million to star in Netflix’s Bright, and Netflix is reportedly paying Will $35 million to reprise his role in Bright 2.

  • Investments

For his investments, Will Smith’s Net Worth also comes from his investments in the area of real estate.

Will and Jada, in 1999, spent $7.5 million to procure a staggering 100-acre land property in the slopes among Malibu and Calabasas, California. Throughout the following year, they purchased a few close by packages to string together a 150-acre of the land of touching area. The property includes a 20,000 square-foot fundamental house, a few visitor houses, a private lake, a pony riding ring, equestrian path, stables, tennis courts and significantly more. They structured the property in a Santa Fe style in the wake of beginning to look all starry eyed at entertainer Gene Hackman’s Santa Fe home. They employed Hackman’s Santa Fe planner for the venture which took a very long time to commence because of natural concerns and license limitations. In 2013 they discreetly recorded the property for $42 million however didn’t discover a purchaser. Today this property alone is likely worth $50 – $70 million. This has greatly added to the Net Worth of Will Smith from this smart Investments.

Will Smith's Biography, Net Worth & Investment
Will Smith and wife, Jada

In 2017 Will and Jada sold their 7-section of the land oceanfront compound in Kauai for $12 million. They purchased the multi-home property in 2015 for $10 million. In 2011 they sold an alternate oceanfront Hawaiian property on 7-sections of land for $20 million to Ekaterina Rybolovlev, the little girl of extremely rich person Russian oligarch Dmitry Rybolovlev for $20 million.

Also, they possess a 9,000 square foot home situated in a gated network Hidden Hills, California and a 9,200 square-foot ski chalet in Park City, Utah.

Summarily, the Smiths possess a net worth of $100 million from their investments in real estate around the world.