Jaden Smith Net Worth – How Much Money Has the Karate Kid Actor Made in His Lifetime
Jaden Smith, the multi-hyphenated son of Will Smith and Jada Pinkett Smith, is an actor, singer, rapper, and entrepreneur. Smith made his acting debut in the 2006 film The Pursuit of Happiness, which brought him fame and success. Smith became the talk of the town again after he starred opposite Jackie Chan in The Karate Kid. Since then he has been trying his hands on everything, from music to acting and even business.
Smith got financially independent at a very young age as he started taking up various singing and acting projects. Let’s take a look at the Icon singer’s net worth.
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Jaden Smith is one of the richest celebrity kids
Jaden Smith is one of the richest celebrity kids in the industry. He is also someone who got famous at a very young age. His total net worth is $8 million currently. Smith’s agreement with The Karate Kid movie reportedly included a one-million-dollar upfront payment. Smith got an extra $2 million in bonuses from the movie, which contributed up to $3 million of his $8 million net worth.
Jaden Smith inherited significant wealth from both of his parents. Will Smith established a trust and invested more than $20 million in it as soon as Smith was born. His singing career has also garnered him a great amount of wealth. Reports suggest that his Apple Music earnings are around $4 million.
The Life in a Year actor also has an independent label named MSFTSMusic. Smith has released all of his original tracks through his music label, so any revenue earned before he partnered with Roc Nation went directly to Smith. In 2012 Smith also launched his clothing line named MSFTSrep. Smith collaborated with luxury retailer Selfridges, and their collection made a lot of money after it hit the market.
Assets owned by Jaden Smith
Smith enjoys spending money on fancy things, but he is also very conscious of his expenses and investments. The BYE singer owns 5 cars and two luxury yachts. Smith has a cool car collection that includes a Tesla Model X worth $103,000, a Range Rover Sport worth $115,000, and a Chevrolet Suburban worth $62,000. Reports suggest that the After Earth actor also has a $15 million stock portfolio comprised of seven stocks. He owns stocks in Alphabet Inc, Apple, Amazon, IBM, and Boeing.
Smith is also reported to be concentrating on his business. The grammy award nominee is very involved in his business in addition to his music and acting career. Smith recognizes the significance of money and spends it accordingly because he became financially independent at a young age. He inclines to make business investments and wishes to expand his business in the future.
Source: Celebrity Net Worth