What Will Smith spends his millions on: 10 main expenses

Ever wondered how Will Smith spends his millions? From luxury cars to lavish mansions, travel, and charity, the superstar’s spending habits are as fascinating as his career. Check out the 10 main expenses that showcase the high life of one of Hollywood’s biggest names. 🌟💸

This person loves not only to earn money on a grand scale, but also to spend it on a grand scale.

Will Smith – film actor, producer, songwriter and rapper – knows how to make money: his net worth is estimated at $300 million. It’s no surprise that Smith’s empire and his family clan are thriving. However, this person loves not only to earn money on a grand scale, but also to spend it on a grand scale!

1. Dream house

Will Smith and Jada Pinkett Smith showed everyone what a real dream home is. Their $42 million mansion in Calabasas, California is so huge that it has its own zip code. On the territory there are basketball and tennis courts, a golf course, a swimming pool, and a lake. The house, among other things, has a large home theater, a meditation room and a studio for filming Jada’s talk show.

2. Car collection

Despite the fact that on screen Will Smith often finds himself driving fantastic cars of the future, in real life he prefers classics. And he likes to invest in his car collection. It features a 1965 Cadillac Escalade, a Bentley Azure and a red Ford Mustang convertible, a Mercedes Benz GL450, a Maybach 57, a Ford Taurus and more. Of course, this collection is worth a fortune.

3. Home on wheels

Forget everything you previously knew about mobile homes and their small capacity! Will Smith purchased a mobile home with an area of ​​130 square meters for $2.5 million. meters. The motorhome is equipped with the latest technology and has everything that is necessary for a comfortable stay for the whole family. There are 14 TVs alone! You can imagine the rest… Sometimes the actor rents out this house for $9,000 a week.

4. Charity

When your fortune is estimated at more than $300 million, you feel like it’s time to share it with society somehow. Well, at least the Smiths feel it. Will and his wife created the Family Foundation to help disadvantaged children, finance educational projects for youth and develop inner-city communities. In 2017, they helped families affected by a hurricane in the Caribbean. Will Smith also has a reputation for always helping his friends in difficult times.

5. Gifts for children

Will Smith is no different from other loving parents: he adores his three children and often gives them very expensive gifts. Willow Smith, for example, lives in one of her father’s houses and also received a Porsche Cayenne Turbo as a gift. Jaden’s father gave him a Tesla Model X and a bunch of designer clothes. It’s safe to say that Trey Smith gets his fair share of gifts. But Smith’s children are not freeloaders. They are all actors and already make great money themselves.

6. Private Jet Rental

Will Smith does not like to fly in economy class – there is little space and the food is not very tasty. So if it’s not possible to fly first class, he simply charters a private jet to avoid the hassle. For example, in 2011 he chartered a plane from Dublin to Manchester for a 50-minute flight in the same environment he was used to. For this little luxury he had to pay about $12,000.

7. Basketball team

Well, at least part of it. In 2011, Smith bought part of the NBA’s Philadelphia 76ers. By the way, Philadelphia is his hometown. The amount of the deal was never disclosed.
He is not alone in his love of basketball: rapper Jay-Z also has his own basketball team in New Jersey.

8. Telepool company

In 2018, Will Smith and director Marc Forster acquired the German company Group Telepool. The partners did not disclose the amount of the deal, but since we are talking about one of the oldest and largest film licensing and distribution companies in Europe, the cost could not be low. “Mark and I took a closer look at Telepool and found a company with an incredible reputation and great potential,” said Will Smith. “We look forward to collaborating and working with the Telepool team to create unique opportunities and content to strategically grow the business.”

9. Own film studio

Will Smith has starred in countless blockbusters, but has also invested in his own film production and founded Overbrook Entertainment in 1997, partnering with Jada Smith and James Lassiter. The company has produced such films as “Rules of Hitch,” “The Pursuit of Happyness,” “I Am Legend,” “Hancock” and “The Secret Life of Bees.” It is not surprising that Smith plays the leading role in almost all of these films.

10. Help for young entrepreneurs

The actor owns the Dreamers venture capital fund and enthusiastically invests in startups to help the projects he believes in. This year, for example, he invested in online bank Step, which allows teenagers to send and receive money without having to pay traditional banking fees. The investment amount was not disclosed, but it is known that Step managed to raise $22 millio

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