Will Smith Reportedly Offloading Properties For Cash To 'Keep Up With The Enormous Bills'
The A-list actor and his wife, , have reportedly been going through the motions regarding their treasury, which has been underperforming for some time now.
Will Smith's career and earnings have seemingly taken a slight downturn since the contentious episode between him and Chris Rock on the Oscars stage in March 2022, which resulted in a 10-year ban from the award ceremony.
Will Smith And Wife's Living Condition Reportedly Contributing To Their Woes
The actor's multi-million-dollar net worth is being threatened by enormous bills reportedly stemming from managing his sprawling properties.
To blow some of the steam off, the star reportedly sold a five-bedroom Maryland mansion for $795,000 and has listed a Woodland Hills Home earlier in the year for $2 million.
An insider has predicted that the actor and his wife cannot hold out for much longer in the face of their increasingly difficult situation, which is becoming increasingly challenging to maintain on a daily basis.
Another side to the story is the current living situation between Will and Jada, where they reside separately in different homes, and the actor still sorts bills for both properties. According to RadarOnline, the couple is reportedly not on the same page about continuing as a union, and a split is imminent than ever.
The Oscar Winner's Three-Year-Old Controversy Still Blowing Hot On His Checks
The source added that since the actor slapped his colleague on the face for making a joke about his wife's hair, his earnings have taken a turn.
Will's latest film, "Bad Boys: Ride or Die," reportedly grossed over $404 million worldwide last year, but sources claimed it did not make a significant impact. A source added that the actor's income is doing little to sustain the life he and Jada are used to.
At the 2022 Oscars, host and comedian Chris Rock, who steered the ship for the night, publicly referenced a "G.I. Jane" joke about Jada's shaved head, utterly oblivious to the fact that she battled alopecia.
According to the Cleveland Clinic, alopecia is an autoimmune disease that affects the body's hair follicles, resulting in patchy hair loss. The disease commonly affects the scalp, although patchy hair loss can occur anywhere on the body.
Will's outburst at Chris in the middle of his gig landed him on the blacklist of the award show with a 10-year ban.
Inside Will's Unimpressive Comeback To Music
His acting career is not the only thing plummeting around him; his latest attempt at getting the crowd dancing again was met with very low patronage and enthusiasm from the public. It marked his return to the recording booth after two decades since the release of "Lost and Found."
Perhaps driven by nostalgia, the rapper released a "Based On A True Story" album in 2025. The Blast noted that the musical project managed to sell under 300 copies in the United Kingdom and did not crack the Billboard 200 in the United States.
As reported by The Blast, the singer addressed the 2022 Oscars incident on some tracks in the project, but they had little to no impact on boosting the album's numbers.
Will's album featured musical collaborations with his son, Jaden Smith, rapper Big Sean, and Teyana Taylor. Despite these iconic additions, the album only recorded 36 digital downloads.
The 'Emancipation' Star Reflected On A Major Parenting Fail
On the home front, Jada and Will have created a beautiful legacy through their kids, who have also become a force in the entertainment industry.
However, raising them was a different business for the actor and actress, and if given the chance to do it again, Will would tweak one or two ingredients in the parenting mix.
The Blast reported that Will confessed that they encouraged Jayden and Willow Smith as young adults and teenagers to prioritize radical honesty; a decision that backfired severely.
According to him in an interview, radical honesty meant that his kids would do whatever they wanted and open up to him, expecting appreciation for their honesty, no matter how outrageous their actions were.
"It's awful, don't try it. You want your kids to lie, definitely, you don't want to know some of the stuff your kids are thinking of doing," the star noted.
Will revealed that it was one of the terrible mistakes he and the "Girls Trip" actress made, and he would always advise parents not to take that disastrous route.
Who Is On Will Smith's Hollywood MVP Actors List?
Except in very sensitive situations which may demand physical contact, Will has zero problems giving others their flowers, alongside himself. While appearing on a stream, he provided the names of colleagues he would place on the list of the greatest actors of all time.
While he initially tried to be modest by excluding his name on the list, even though he absolutely sees himself up there with the greats, he did it anyway, noting:
"So three of them, and I'm not really saying this to be arrogant, I do think I'm like one of the most prolific actors of our time."
Will identified Marlon Brando, Denzel Washington, Daniel Day-Lewis, and himself as the best brains and talents of the movie industry.
Is there an incoming turnaround for Will Smith's allegedly poor-performing bank account?
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Chicago Tribune
11 minutes ago
- Chicago Tribune
Editorial: Lucas museum amps up. The LA excitement could have been happening in Chicago.
Ever since Chicago spurned the Lucas museum, which would have been funded by at least $800 million in philanthropic investments from 'Star Wars' icon George Lucas and his wife, Mellody Hobson, a Chicago native, city snobs have pushed two narratives: one that the museum would never get built and another that it would not be any good if and when it did. Both of them are proving to be nonsense, as was obvious to us from the start. Back in 2016, Chicago lost a fully funded cultural attraction that would have drawn attention and visitors from all over the world. This was a Midwestern mistake for the ages. On Sunday, Lucas showed up for the first time ever at Comic-Con in San Diego to get people excited about the Lucas Museum of Narrative Art. (Did we mention this could have been in Chicago?) He appeared alongside Oscar winners Guillermo del Toro and Doug Chiang on a panel hosted by Oscar nominee Queen Latifah. Do you routinely see such folks strolling down Michigan Avenue? Not since Oprah Winfrey left, you don't. Samuel L. Jackson narrated the 'sizzle reel,' promoting the museum. To say the Lucas appearance was a hot ticket is to understate. What will be in the 300,000-square-foot museum once it opens on its 11-acre campus in Los Angeles' Exposition Park next year? Paintings by Frida Kahlo, Maxfield Parrish, Kara Lewis and Norman Rockwell, comic book art from R. Crumb and Jack Kirby, original Peanuts and Flash Gordon comic strips, a fresco panel by Diego Rivera, illustrations by E.H. Shepard for 'The House at Pooh Corner.' The comic book covers that introduced Iron Man and Flash Gordon. Concept art from 'Indiana Jones.' A life-sized Naboo starfighter. That's just a taste. There will be, to say the least, a lot of interest in all those things. Chicago failed to understand what Lucas meant by 'narrative art.' But it's really not hard: his museum will be made up of the art to which people feel emotional connections and which forms much of the basis of our shared culture. The Lucas museum will be distinct from traditional art museums and will draw accordingly. Del Toro said Sunday that he, too, will likely deposit his own formidable collection of populist narrative art within the museum. Lucas called his decade-long endeavor 'a temple to the people's art.' The people's art. Chicago would have been its natural home. The dithering and naysaying that these days seems to come with doing anything substantial in this town lost us a potential jewel. What a colossal missed opportunity.


Los Angeles Times
11 minutes ago
- Los Angeles Times
A new iteration of Taco María opens, in an unlikely place
Carlos Salgado wowed the world of Mexican food the moment he opened Taco María in 2013. His marriage of high-end with homestyle — sturgeon tacos, Flamin' Hot chicharrones, handmade blue corn tortillas from kernels he imported from Mexico and milled himself — seemed better suited to Los Angeles or Mexico City than a hipster food hall in Costa Mesa. The accolades came quickly: L.A Times restaurant of the year in 2018. Four straight Michelin stars. One of Esquire's most important U.S. restaurants of the 2010s. Salgado was a Best Chef in California finalist for the James Beard Awards — the Oscars of the restaurant industry — in June 2023. A month later, Salgado shocked his fans by closing Taco María. As his good friend, I have the exclusive on what's next. It's … Wisconsin? A few months after the restaurant closed, Salgada relocated to Door County — the childhood home of his wife, Emilie Coulson Salgado — in a move that left Southern California's food scene befuddled, if people knew at all. If anyone deserved to go all 'Walden,' it was the thoughtful Salgado. He had worked nonstop for a decade, weathering the pandemic and an Orange County audience that usually got mad when he explained why his space didn't serve chips and salsa or had 'Black Lives Matter' stenciled on the patio window. Taco María's lease was up, the location was never the best fit and Carlos and Emilie wanted to spend more time with their two young children and her parents while they recharged and decided what was next. Now, after some time off, they're in the restaurant business again, opening La Sirena this month in Ephraim, population 345, about an hour and a half away from the nearest big city, Green Bay. Expect everything that made Taco María so incredible — a prix fixe menu, a focus on local produce and meat, those fabulous blue corn tortillas that taste like a time portal to Tenochtitlan — except on the shores of Lake Michigan instead of off the 405 freeway. Nothing against the Badger State, but the idea of a Mexican chef of Salgado's caliber setting up on a peninsula jutting into a Great Lake is like Shohei Ohtani announcing he's leaving the Dodgers to join a Sunday beer league. Gustavo Dudamel deciding his next gig isn't the New York Philharmonic but the Whittier Regional Symphony. Gov. Gavin Newsom forsaking his office to run the Friends of the Sacramento Public Library. About 8% of Wisconsin's population is Latino, and Door County is 96% white. The Mexican food scene outside Milwaukee and maybe Racine is still mostly combo plates washed down with massive margaritas, or cartoonishly big burritos in the Chipotle model. Wisconsin is ... Wisconsin, land of cheese curds and brats and brandy Old Fashioneds. 'I would push back that [Mexican food] is out of place anywhere in the United States,' Salgado told me by phone last week. 'We are the foundation of the restaurant and hospitality industry, farming and construction — I don't need to say all the ways we're embedded.' He sure shut me up there! Besides, I'm proud that his and Emilie's next step is in an isolated spot in a state that went for Donald Trump in two of the past three elections. California needs all the ambassadors we can get, especially in places that don't look like us — and we can't get better ambassadors than them. 'In parts of the Midwest, you mention you're from California, there's inevitably haters who want to believe that we left California because it's a failed state, and they try to commiserate with us about how California is uninhabitable,' the 45-year-old Salgado said. 'Of course, I don't believe that. I have pangs of longing for my home state every day, especially fruits!' 'I actually thought we'd live in California forever, and I still consider us California people,' Coulson Salgado, 41, said in a separate interview. 'But this experiment to be here [Wisconsin] turned out to be really good for us and our children.' The two met in San Francisco in 2008, when Coulson Salgado was working for a literacy nonprofit and Salgado was a pastry chef at a high-end restaurant. He moved back to his native Orange County in 2011 aiming to help with his immigrant family's Cal-Mex restaurant in Orange. Instead, he capitalized on the era's food truck craze and opened Taco María. Coulson moved down in 2013 to help transition the luxe lonchera to a brick-and-mortar, eventually becoming the restaurant's general manager and beverage director, roles she will also assume at La Sirena. Taco María was a daily miracle, especially given its Orange County location. Salgado got nationwide media coverage and forced Angelenos to do the unimaginable: travel to O.C. for Mexican food. His exhortations for people to value Mexican cuisine and the people who make it was essential in an era where too many Americans love the former and loathe the latter. But the grind of running a restaurant — which I know too well, through my wife — wore on the couple. They didn't want to be rushed into opening a new Taco María, so they decided a sojourn to Door County would be fun and also right. 'Emilie put in 15 years with me in California,' Salgado said, and moving to Wisconsin 'was something we felt we deserved as a family.' He unwound from the restaurant rush by hiking through Door County's forests and fishing in its waterways while continuing Taco María's successful salsa macha mail-order business; Emilie moonlighted as a grant writer. The plan was to return to California sometime in 2024 and hop back on the restaurant hamster wheel. But the more they experienced Door County's slower pace of life, the more they realized it would be nearly impossible to replicate that in Southern California. 'We started Taco María without kids,' Salgado said. 'This trial gave us the opportunity to imagine the kind of balance that we wanted, and we realized that we stood a very good chance of creating it here.' I asked if he meant the cost of living or the sclerotic traffic or the lack of affordable housing or any of the other reasons California quitters give when they leave and whine about their move. 'We're certainly not California quitters,' Salgado deadpanned. 'People talk all the time about making career changes to spend more time with their families, and this is really it for now.' Coulson Salgado said it's been 'wonderful' to return to where she grew up 'with the eyes of an adult.' Door County has seen newcomers from California in recent years, mostly young families drawn by its immaculate landscapes. She does miss the multiculturalism of Southern California — 'My son will say, 'Let's get pho!' and I have to remind him we're not in Orange County anymore,' she said with a laugh. She doesn't frame the opening of La Sirena in the rural Midwest in the age of Trump as a political act. But she brought up the 'terrible' deportation deluge that has hit Southern California this summer (Wisconsin has so far been spared, 'but we're on high alert for it') as a reason why their presence matters. 'It's not like we're in some alternate universe out here,' she said, 'but you could be if you weren't paying attention, and that's what's scary … But that's why it's more important than ever to create more pockets of joy.' Her husband vowed that California 'hasn't seen the last of us yet,' while giving no timeline for a return. In an ideal world, he and Emilie would run both La Sirena and a restaurant back in O.C. 'I'm proudly Mexican American,' Salgado said. 'And I'm not going to shy away from taking up space and perform brown excellence in anywhere that I am.'
Yahoo
7 hours ago
- Yahoo
Will Smith Sells Multiple Homes After Oscars 'Slap' Fallout— As Jada Confirms They've Been Living 'Completely Separate Lives'
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Will Smith and Jada Pinkett Smith are downsizing—and not just in their relationship. According to RadarOnline, the couple has been quietly shedding properties, including a Woodland Hills home they listed for $2 million in March, and a five-bedroom Maryland house that sold in February for $817,000. While both homes were modest by celebrity standards, sources told RadarOnline the sales are part of a broader financial shift behind the scenes. Shop Top Mortgage Rates Your Path to Homeownership A quicker path to financial freedom Personalized rates in minutes In 2022, listed Will and Jada's combined net worth at $400 million. Current estimates from Celebrity Net Worth peg Will's current net worth to be between $350 million and $375 million. Don't Miss: 7,000+ investors have joined Timeplast's mission to eliminate microplastics— $100k+ in investable assets? – no cost, no obligation. Smith's career took a hit after his now-infamous slap of comedian Chris Rock at the 2022 Academy Awards, which led to a 10-year ban from all Academy events. Despite earning the Best Actor Oscar that night for "King Richard," the fallout appears to be lingering. Jada revealed on NBC's "Today" show in 2023 that she and Will have been living "completely separate lives" since 2016—news that surprised many viewers, especially since the couple's massive Calabasas estate, a 150-acre compound valued at roughly $42 million, remains solely in Will's name. She quietly moved out years ago, she said during the interview. The sprawling estate features nine bedrooms, 13 bathrooms, a recording studio, meditation lounge, sunken trampoline, and multiple sports courts. The property, built in collaboration with architect Stephen Samuelson, was featured in Architectural Digest and briefly listed for $42 million in 2014. Trending: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's , starting today. Will has returned to music with his new album, "Based on a True Story," calling it a result of "self-examination." In an interview with the Associated Press, he said the album explores "deep scary internal questions" and marks his "most full musical offering." Jada, for her part, appears to be setting up her own household nearby. She confirmed her move out of the Calabasas home but hasn't revealed specifics about the new property. Meanwhile, the Maryland house the couple recently sold is believed to have housed her mother, Adrienne Banfield-Norris, her co-host on the now-canceled Emmy-winning talk show "Red Table Talk." , The home, located in the Greenspring Valley area of Owings Mills, had been recently renovated with bay windows, a fireplace, and updated bathrooms. It sold for $817,000—above its January 2024 asking price of $795,000—just weeks after hitting the market. Property records show both the Woodland Hills and Maryland homes were purchased through a trust associated with Smith's longtime manager. While no formal divorce has been announced, RadarOnline reports that insiders expect a split is closer than ever. For now, Will and Jada are still legally married, financially tied, and seemingly living in two separate worlds—one with a Calabasas zip code, the other with no comment. Read Next: With Point, you can Image: Shutterstock This article Will Smith Sells Multiple Homes After Oscars 'Slap' Fallout— As Jada Confirms They've Been Living 'Completely Separate Lives' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data