Stellar Snippets
Will Smith, a renowned actor, film producer, and rapper, has been a global celebrity for decades.
Will Smith consistently earns $40-80 million annually. Between June 2019 and June 2020, he earned $45 million from film salaries primarily.
Between 1988 and 1990, Will Smith made around $10 million from music with his musical partner DJ Jazzy Jeff.
Unfortunately, his extravagant spending habits didn't reflect the reality of his music career's longevity, and he ended up owing $2.8 million worth of taxes.
At that time, his music career began to decline, but super-producer Quincy Jones offered Will a role in a TV show that Will admitted was too financially appealing to pass up.
"For the first three years of The Fresh Prince of Bel-Air, the IRS was taking 70 percent of every check... It's terrible to have that kind of success and have to quietly be broke."
In 1995, his movie career skyrocketed with the hit action-comedy 'Bad Boys,' where he earned $2 million. Later, he secured a $20 million paycheck for the sequel.
His biggest upfront earnings were $28 million for "I, Robot" and $20 million for Netflix's "Bright" in 2018. He later received $35 million to return for "Bright 2."
While focused on films, Smith still released four solo albums and won Grammy Awards for Best Rap Solo Performance. His net worth is $350 million.