At the young age of 21, Jaden Smith is already an established actor, rapper, producer, fashion designer, and businessman. When he was eight, Jaden was cast opposite his beloved dad, Will Smith, in the blockbuster flick, 'The Pursuit of Happyness', which grossed an astounding $308 million worldwide. Soon after, Jaden landed his big break - in 2010, he starred as Dre Parker in 'The Karate Kid' with Jackie Chan.
Jaden went on to star in other projects, including two shows on Netflix, before focusing his attention on music. His 2017 single, 'Icon', lifted from his debut album, 'Syre', went platinum within weeks of its release and was followed with a successful world tour. Clearly, Jaden is a busy man, and his parents are supportive of his career choices, but how has he managed to amass a net worth of $8 million in such a short amount of time? Let's find out.
13 He's Starred In Multiple Blockbuster Flicks
His first role came in 2006 - he played Christopher in 'The Pursuit of Happyness'. Just four years later, Jaden secured the role of Dre Parker in the 2010 remake of ‘The Karate Kid,’ before going on to star in ‘After Earth’ just three years later.
12 He Made $3 Million From ‘The Karate Kid’
Jaden received a huge salary for his breakthrough role in 'The Karate Kid’ because his contract reportedly reveals that he had an upfront fee of $1 million...with plenty of perks on the side. Because of the movie’s success at the box office - earning $360 million worldwide - Jaden made another $2 million in bonuses.
11 He Runs His Own Independent Record Label
Before signing a record deal with Roc Nation, Jaden was releasing all of his music under his independent record label, MSFTSMusic. While this meant he wouldn’t receive any backing for budgets and promotional work, Jaden got to keep all the revenue from sales, because he was his own boss.
10 He's A Platinum-Selling Rapper
To date, Jaden Smith’s best-selling track remains his 2017 hit, ‘Icon,’ from his debut studio album, ‘Syre.’ The song has sold over one million copies in the US, officially making Jaden a platinum-selling rapper. The track itself peaked at No. 46 on Billboard’s Hot R&B/Hip-Hop Songs chart.
9 He Tours Frequently
Another great income stream for Jaden is his many touring gigs. He’s an experienced performer, having previously hit the stage at festivals, including Coachella and Lollapalooza. Jaden also does his independent tours, which make him a ton of money from ticket sales.
8 He Founded JUST Water
In 2015, Jaden founded JUST Water, which sells “responsibly sourced water” that is packaged in bottles that are made from an impressive 82% renewable resources. Thanks to his famous parents, Will Smith and Jada Pinkett-Smith, Jaden was able to secure himself a great business partner, and the company makes huge profits annually.
7 The Company Is Worth $100 Million
In August 2019, just four years after launching, JUST Water was valued at $100 million. The company has rapidly grown, and there are now bottling facilities in the US, UK, and Australia. Jaden and his team are also looking to expand their business into the United Arab Emirates soon.
6 He Runs A Popular Merchandise Store
Most of the clothes Jaden wears in his music videos are taken from his MSFTS merchandise store. Given how much money celebrities make from selling merch, it’s a no-brainer for Jaden to do the same and earn a nice income from that.
5 He's Had Two Shows On Netflix
In 2016, Jaden Smith landed his first role on Netflix, when he starred as Marcus ‘Dizzee’ Kipling in ’The Get Down.’ But after 11 episodes, the show was canceled- there were reports claiming it was too expensive for the streaming giant’s budget. Jaden’s second show came when he played Ka Kaan in the animated Netflix series, ‘Neo Yokio.’
4 He's An Influencer
Just like his friends, Jordyn Woods and Kylie Jenner, Jaden Smith is an influencer who gets paid to promote products on his social media platform. With his 14.8 million Instagram followers, it's believed that the actor/rapper could command a cool $50,000 per sponsored post.
3 He Owns Several Cars
Jaden Smith is serious when it comes to his car collection, with his longtime favorite vehicle being his $80,000 Tesla Model X. He’s made plenty of customizations to it over the years, and he drives it more than his Porsche.
2 He Signed A Record Deal With Roc Nation
In July 2017, Roc Nation announced its partnership with Willow and Jaden Smith’s MSFTSrep, which is described as the “art collection” for music, by the famous siblings and their pal, Harry Hudson. Speaking of the deal, Jaden revealed in a statement: “Having the support of Roc Nation to get our music to the masses and change culture is a dream come true and a blessing.”
1 He Had His Own Sneaker With New Balance
In July 2019, Jaden teamed up with New Balance for the release of his very own sneaker. While how much he made from the partnership was never disclosed, it’s fair to assume that he probably made well over a million bucks. Being part of a big brand’s new campaign is lucrative.