Worth a combined $320 million, Will Smith and Jada Pinkett are an unbeatable power couple.
But despite their talents and successes, many of us often wonder…exactly how are they
spending all that cash?
Here are the juicy details about how the Smith family spends their millions.
"I love being famous."
Luxury vacay
Fans of the Smiths got a treat in 2019 when both Will and Jada shared their European vacation
pictures on social media.
Not only did they travel to Europe, but they chartered a yacht to sail around Greece and
Italy once they got there, giving new meaning to the phrase, "go big, or go home."
The yacht came with its own spa pool, sundeck, on-board jet skis, and staff of 13.
"You guys look really comfortable, okay?
But we gotta do something that trends.
Alright?"
While chartering a yacht can reportedly cost as much as $500,000 a week, it still beats
actually buying one.
Throwing down on your own luxury vessel can cost upwards of $100 million.
"How was that?"
"That was the craziest thing I've ever done, hands down."
$42 million family mansion
One of the Smith family's most braggadocious assets is their home, which teased an asking
price of $42 million back in 2014 when they briefly put it on the market.
Nestled in Calabasas, California, the house is so big, it literally has its own zip code.
According to Architectural Digest, their 150-acre compound boasts a movie theater, recording
studio, and its own lake.
"What's great about Red Table Talk is that it's at my house.
Well, it's great 'cause I'm home but it's not great 'cause they got stuff at my house
that I don't want."
But nothing beats Questlove's glowing description of the house.
According to Curbed, he blogged:
"The floor is MADE OF BUTTER LEATHER.
The whole time I'm asking [Will] 'are we allowed to…step on this?'"
Paying it forward
While the Smiths definitely enjoy a luxurious lifestyle, they also give back in a big way,
too.
And they set up their own foundation to do just that.
"The Will and Jada Smith Family Foundation Careers in Entertainment Tour is headed to
your city."
In 2007, The Will and Jada Smith Family Foundation reportedly donated $1.3 million to charities
and various organizations which were largely religious.
So who made the lucky list?
According to Fox News, the biggest payout that year went to Yesha Ministries in Philadelphia,
which is said to be a born-again Christian organization.
The family also gave over $120,000 to the Church of Scientology that year.
And later in 2008, they also reportedly helped fund a Scientologist school.
Sick wheels
While most of us probably got our parents' old, beat-up car when we first got our driver's
license, if we got a car at all, Willow apparently got a brand-new Porsche Cayenne Turbo when
she turned 16 in 2017.
And those wheels clocked in at around $120,000 back then.
Her brother Jaden has also been seen around his neighborhood in Hidden Hills, driving
a Tesla Model X, which is said to be worth upwards of $85,000.
"We did good."
"AHH!"
Interestingly, Will and Jada themselves don't flaunt their cars as much as their kids do,
although rumor has it that Will's collection includes a Maybach, Escalade, Navigator, Bentley,
and Mustang.
PJ all day
While there's no evidence that the Smith fam owns a private jet, it definitely seems that
they like to fly in them.
In 2011, the Manchester Evening News reported the Smiths chartered a private jet for a 50-minute
flight from Dublin to Manchester simply because the airline only had economy seats left on
the commercial flight they had booked.
Will, along with Ashton Kutcher, Jay-Z and others, later invested in Blackjet, a company
that planned to be the quote "Uber for private jets."
But, unfortunately, the company went under in 2016.
These days, though, it seems that the family has gotten comfortable on commercial.
Jaden was spotted carrying his own luggage at LAX in 2018, and Jada was photographed
walking through international arrivals in Melbourne, wearing a tracksuit.
Ballers for life
In 201a1, Will and Jada bought a minority ownership in the Philadelphia '76ers.
Will later gushed to Jimmy Kimmel,
"There is nothing like, in all of entertainment, then to walk into the building when it's announced
that you're a part owner of your hometown basketball team."
He added,
"Like, that is ridiculous.
I mean if the team doesn't win it sucks later, but that first initial, it's like fantastic."
He said that it did take some getting used to though, considering that nine of the players
on the team weren't even alive when The Fresh Prince was airing on TV.
To them, Will claimed:
"I'm just like the old dude from the Suicide Squad."
Designer duds
Considering how much the Smiths are worth, nobody expects them to be shopping for clothes
at Target, but the price tag on some of their everyday wear is enough to drop anyone's jaw.
"This is the special, special sauce."
Back in 2013, Fashion Bomb Daily tracked down Will and Jada's shoes in one paparazzi photo,
revealing Jada's $638 Reed Krakoff sandals and Will's $950 Lanvin Iridescent High Top
sneakers.
"Willow's doing a lot.
Willow's doing a lot on the carpet.
That's too much.
I don't know what her mother was thinking."
In an interview with Teen Vogue when she was just 13, Willow already seemed to have caught
the fashion bug, too.
Mentioning that her own favorite pair of heels were a gift from Karl Lagerfeld, she also
claimed that her whole family quote "love[s] Cartier."
The family biz
In case you thought Will and Jada were just actors for hire, think again.
They have their own movie studio and record label called Overbrook Entertainment, which
Variety reported has generated $4 billion in ticket sales since 1997, and produced several
of Will's movies, including Hitch, Men in Black II, and I Am Legend.
Then in 2019, they created Westbrook Inc., which now oversees several other Smith-owned
digital and entertainment subsidiaries, including Overbrook.
Westbrook even orchestrated the revamp of Will's social media presence.
"YouTube, Will Smith vlogs is back.
Bow!"
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