Not only is a talented actor, Will Smith is also a famous Hollywood real estate player.
At the 2022 Academy Awards that just took place not long ago, the most “shocking” moment belonged to Will Smith – the owner of the “Best Actor” award. Specifically, Will Smith punched colleague Chris Rock in the face when the comedian pulled his wife – Jada Pinkett Smith – out as a joke to warm up the show.
Before causing controversy with this violent act, Will Smith was one of Hollywood’s most respected black stars. Not only does he possess real acting ability, he also holds assets worth hundreds of millions of dollars.
Turned $2.8 million in debt into $350 million in assets
Will Smith comes from a normal family, besides him, he also has 3 other sisters. His mother works as a school administrator, and his father is an electrical engineer.
Possessing a natural talent from a young age, Will Smith received a prestigious scholarship from the Massachusetts Institute of Technology (MIT). However, he refused because he wanted to pursue his dream of becoming a rapper.
Will Smith’s music career began when he joined the DJ group Jazzy Jeff & The Fresh Prince. Thanks to the quality products, they signed a contract with the famous record label Def Jam Records. Their debut album “Rock the House” released in 1987 quickly resonated in the international music market.
Success after success, Will Smith suddenly became America’s top rap star. Earning his first 1 million USD when he was only 20 years old, he indulged in pleasures such as luxury goods, supercars, … The actor even asked a Gucci store to close for him. and friends can shop privately.
Because of debauchery, Will Smith has no money to pay taxes. After that, the US Internal Revenue Service (IRS) went to the rapper’s house and confiscated all of his assets. However, he still has not escaped the crime and still owes the agency an amount of up to 2.5 million USD (57.1 billion VND).
“In America, they prosecute taxes very harshly ,” Will Smith recalled in an interview. “I didn’t forget, but intentionally didn’t pay.”
From rap star to empty-handed, Will Smith finds ways to have money to pay off debt. Even, he was so desperate that he had to borrow $ 10,000 from his friend – a drug dealer.
“I had to sell everything. At that time, I understood that I wouldn’t be able to live in luxury like when I was in Los Angeles ,” he said.
Luck smiled at Will Smith when he was chosen to play the main role in the television series “The Fresh Prince of Bel-Air”. This hit work has become a favorable launching pad for the male rapper’s acting career. Will Smith once revealed that 70% of the salary he received in the first 3 seasons of the series was used to pay off debt to the IRS.
“Joy always comes with losses, just like it comes with pain and suffering. Overcoming adversity is actually an important part of finding joy. Thanks to that, you will learn to appreciate the small things.” smaller ,” said Will Smith.
Real estate giant owns 5-6 villas, the most expensive one is nearly 1,000 billion VND
Currently, Will Smith is one of the leading faces in Hollywood, with a series of prestigious television and film awards, as well as a treasure trove of movies with billions of dollars in revenue. Forbes magazine called the actor a “global box-office guarantee”, while Newsweek called him “the most powerful actor in Hollywood”.
The former American rapper owns a fortune of up to 350 million USD, mainly coming from film fees and investment profits from films with “huge” revenues. At his peak, he received 20-30 million USD for each movie.
In addition to his acting career, Will Smith and his wife also make a lot of money from real estate investments. They have owned a series of high-end buildings and villas scattered across the United States for nearly 30 years.
In 1997, the couple bought their first house in Bryn Mawr, Pennsylvania for $937,000 (21.4 billion VND). The villa is over 700 square meters wide, with a full garden, swimming pool and tennis court.
In 2003, the Smith family bought a villa in Hidden Hills, California for 3.4 million USD (77.7 billion VND). This place has an area of more than 500 square meters, including 5 bedrooms and 6 bathrooms. However, this is only a temporary place for them to stay while waiting for the housing complex to be built later.
The largest real estate block that the “Hollywood millionaire” owns is a housing complex in Calabasas, California. This place was built within 7 years, with an area of up to 600,000 square meters, at a cost of about 42 million USD (960 billion VND). In addition to the large garden, the villa where the whole family lives has 9 bedrooms, 13 bathrooms, a cinema room, a meditation room, a lake and a huge garage enough to accommodate 8 cars.
The actor and his wife also bought a resort villa on the Hawaiian beach for 13.5 million USD (308 billion VND) in 2009.
Last year, they also bought a nearly 1,000 square meter house in Hidden Hills, California for 11.3 million USD (258 billion VND), because the housing complex in Calabasas was severely damaged after a fire.
Will Smith is also the owner of The Heat – one of the most expensive mobihomes in the world. It is a huge mobile apartment with 2 floors, costing about 2.5 million USD (57.1 billion VND).
From a distance, The Heat is no different from a magnificent villa. Like a superyacht, when not using mobihome, the actor will rent it out for $9,000/week.
The home includes $200,000 granite countertops throughout, $125,000 worth of technology and gadgets (14 TVs total), $30,000 genuine leather on the seats and ceilings.
The actor also owns many rare supercars from brands such as Maybach, Rolls-Royce, Cadillacs, Bentleys, BMW,… even a 1965 Ford Mustang. However, when going to film or having fun With his family, he will prioritize using Mercedes-Benz. The total value of these cars is up to 4.5 million USD (103 billion VND).
Will Smith’s Maybach 57S