Will Smith Does Not Know if He Is Worth $350 Million, Believes He Is in “downsize phase”

Published 04/01/2024, 3:21 PM EDT

In Hollywood, success comes hand-in-hand with box office performance. Rather, an artist’s mettle, at times, becomes starkly defined by their ability to rake in the big numbers. In this aspect, Will Smith stands heavily reliable, with eight successive $100-million-plus hits at the domestic box office, making him one of the most bankable stars. Expectedly, the returns from the profits also pass on to the actor, making up for millions in net worth.

Interestingly, despite such financial laurels, he does not know if his hands are in the honey pot yet.

Will Smith briefs on his understanding of life beyond wealth

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Standing tall as one of the most recognized actors worldwide, Will Smith has helmed popular franchises like Bad Boys and Men In Black. In talks Speedy Morman of Complex questioned if the current reports of his net worth being as high as $350 million stood true, the actor brushed it off with “I don’t even know, man. I don’t discuss such things.” However, he did acknowledge earning money, losing it but then going full steam to make a fortune much bigger than before, referring to his roots as a rapper and television actor.

Continuing on the same, Will Smith believed that “This is the downsize phase of my life.” The 55-year-old spoke on how he would now resort to “give, give, give” after the “first half of my life was gather, gather, gather”. By all means, the Emancipation actor looks set to embark on a more thoughtful arena of his life as he discussed topics like the meaning of life and how he or everyone should “take happy to the people you love.”

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Along the lines of speaking of charity, he recently suffered a setback, with one of his endeavors likely looking at shutting doors.

The Will And Jada Smith Family Foundation lands in murky waters

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Will Smith, along with his wife, Jada Pinkett Smith, has run a charitable organization named The Will And Jada Smith Family Foundation, established in 1996. The charity worked on peer donations and saw big-ticket Hollywood majors, as well as companies, contribute to its causes. However, with the King Richard actor’s image taking a hit after his slap at Chris Rock at the 2022 Oscars, the flow of cash has reduced by over 83%, casting doubt on its future.

It posted a revenue of a mere $365,870 in 2022 against $2,138,660 in 2021, signifying the stark drop. However, the Smiths would continue funding and donating to causes they believe in privately. Furthermore, with the actor’s next outing alongside Martin Lawrence in Bad Boys: Ride or Die progressing in good shape, he may reclaim his fame and worth once again.

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What are your thoughts about Will Smith brushing off his own net worth? Let us know in the comments below.

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Imteshal Karim

969 articles

Imteshal Karim is a Hollywood News writer at Netflix Junkie with over 700+ articles under his belt. His love for MCU and DCU superheroes see him decode the many Easter eggs and potential storylines within his articles. Imteshal’s penchant for research and latest updates is present in his extensive coverage of entities like Ryan Reynolds and his Deadpool franchise.

Edited By: Aliza Siddiqui

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