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How Will Smith Grew $6M in Debt Into A $350M Net Worth

For over 20 years, Will Smith has been responsible for many of pop culture’s funniest and most iconic moments in history. From his classic “Summertime” tunes to his silly “Fresh Prince” antics, he’s managed to entertain and inspire the masses and continues to do so today. His major claim to fame was the ’90s sitcom “The Fresh Prince of Bel-Air,” and becoming one of the highest-paid actors with a net worth of $350 million, according to Celebrity Net Worth. However, his road to financial success was not smooth sailing. The West Philadelphia native, alongside his childhood friend, DJ Jazzy Jeff, was a Grammy award-winning rap duo signed to Def Jam Records. Their 1988 studio album “He’s the DJ, I’m the Rapper” sold over three million copies, but Smith ran into financial troubles leaving him with $6 million in debt. Smith attributes his success and financial freedom to developing a work ethic that didn’t come until he started acting, according to CNBC. “When I moved into acting that was...

Abriana Walton

Dec 18, 2020