Will Smith Ready To ‘Downsize’ His Reported $350M Net Worth By Giving Back

by Jeroslyn JoVonn

March 28, 2024

Will Smith could be price a reported $350 million, however he is able to “downsize” his thousands and thousands in a philanthropic method.

Will Smith could be price a reported $350 million, however he’s able to “downsize” his thousands and thousands in a philanthropic method.

The Academy Award-winning actor sat down with Advanced’s Speedy Mormon to get candid about his 30-year profession spanning throughout music, tv, and movie. Whereas Smith, and his spouse Jada Pinkett Smith, are recognized for retaining it actual about areas of life most would reasonably maintain personal, one space the “King Richard” isn’t talking overtly about his how a lot cash he has.

Credited with incomes round $40 million a 12 months from his movies alone, and extra when you rely the ten to twenty % he receives in web or gross earnings, Smith has reportedly amassed properly over $300 million simply from his 4 movies “Males In Black 3,” “Unhealthy Boys 2,” “Hancock,” and “Pursuit of Happyness.” However when you ask him what his checking account seems like, he’d reasonably keep mum.

“I don’t even know, man. I don’t talk about such issues,” he stated on “360 With Speedy.”

At 55 years younger, Smith is conscious of his multi-million greenback web price and might’t even keep in mind the time in his life when he wasn’t well-known. After 30 years of fame and fortune, the “Ali” star is now able to pay it ahead by giving again.

“That is the downsize part of my life. The primary half of my life was collect, collect, collect, the second half of my life is gonna be give, give, give,” he stated.

Contemplating the monetary woes Smith publicly confronted early on in his profession by avoiding paying $2.8 million in taxes, he’s realized onerous classes on cash administration at age 21. Now properly into his 50s, the daddy of three is aware of firsthand that cash can’t purchase true happiness.

“Folks … all the time have that second someplace round 50 the place one thing modifications. However what occurs is you simply notice none of it might probably make you content,” he shared. “When you’ve purchased all the things you need and there’s actually nothing on earth else that you simply need to purchase, I simply want that was a present that everyone may have as a result of there’s nothing that materials can do to fulfill you.”

Even after reaching the best ranges of Hollywood, getting married, welcoming kids, and making folks everywhere in the world smile, Smith says the true pleasure can solely come from the within.

“I’m in that part of my life that may really be scary—whenever you notice that no relationship, that no cash, that no children—there’s actually nothing that may make you content,” he added.

“That joyful is inside, full frontal contact along with your darkish knight of the soul and also you reconcile that you simply gotta make joyful in right here,” he stated, pointing to his head after which to his coronary heart. “You gotta make joyful in right here with none of that stuff. You gotta take joyful to the folks you like—you’ll be able to’t attempt to get it from them. … It’s not for the faint of coronary heart.”

One other fascinating second comes across the 26:12 mark when Smith exhibits Speedy the way to discover “the that means of life” by sitting in silence for 30 seconds. Smith and Speedy received deep and loved a visitor look from Martin Lawrence to speak the “Unhealthy Boys: Experience or Die” movie. Press play above for the total interview.