Who’s richer between Will Smith and Jay Z, what’s their net worth? Jay Z and Will Smith are two very popular and wealthy entertainers in America. A similar trait is that both stars are African Americans.
They’ve contributed in so many ways to the growth of the film industry (as for Will Smith) and the music industry (as for Jay Z).
An attractively true fact is that these guys live life without bothering too much about cost. Over the years, they’ve earned so much to last their 2nd generation.
Who is Richer Between Will Smith and Jay Z?
Will Smith is an American actor, songwriter and rapper born in Philadelphia, Pennsylvania. He was born on September 15, 1968. He wasn’t born rich for the record. His dad was an engineer, a fridge repairer.
His mother was a teacher and also, a school administrator. He’s the second child of four children. He’s got one elder sister named Pamela and two younger siblings, twins, Harry and Ellen. From the onset of things, Will Smith had no interest in schooling at the college.
He even turned down an MIT scholarship to study because he had no interest in college. Prior to getting the MIT scholarship, he schooled at Overbrook High School. He always wanted to become a rapper and not to go college. Turning down the scholarship proved to himself he really knew what he wanted.
Will Smith would later create a Rap Group, DJ Jazzy Jeff & The Fresh Prince, with his friend, Jeffrey Townes. This group was founded by both parties Will Smith and Jeffrey Townes in the 1980s. The duo released hit singles including “Parents Just Don’t Understand” and “Summertime”. When they started earning some cool cash, Will Smith began spending too much money.
In the end, it was clear that they haven’t been wise spenders as they fell becoming debtors to the State, owing a $2.8 million dollar tax debt. The Internal Revenue Service (IRS) took a number of Will Smith’s belongings. During this time, the idea of making the Sitcom titled “The Fresh Prince of Bel Air” was brought to Smith.
He was convinced as he needed money and was out on ideas to get it. The Sitcom was a blast, a huge success, but about %25 of his earnings from the show was directed to the IRS’s pocket. He also starred in a couple of films in the 1990s.
These films include “Enemy of the State”, and “Men in Black” which broke market trends. Ever since, Will Smith has become one of America’s most loved, highest paid and successful actors. He has an estimated net worth of $300 million dollars.
Jay Z is an American investor, multiple award winning rapper and entrepreneur. He was born as Shawn Corey Carter on December 4, 1969, in Brooklyn, New York, in the United States of America. He grew up in one housing project known as Marcy Houses.
This project was situated in the Brooklyn’s Bedford-Stuyvesant neighborhood. While growing up, his Dad abandoned him, his mother and his 3 siblings. With no much options left, his mother had to singlehandedly raise her four kids. He (Jay Z) schooled at the Eli Whitney High School in Brooklyn till it closed down due to violence in classroom and halls and failing grades.
After the school was closed down, Jay Z furthered his studies at the George Westinghouse Career and Technical High School. At the school, big time rappers like Notorious B.I.G, and Busta Rhymes were also studying and weren’t what they’ve become today.
Jay Z also studied for a short while at the Trenton Central High School, Trenton, New Jersey. His interest in music started growing shortly after his mother, Gloria, bought him boom box on his birthday. Henceforth from the day the boom box was bought him, he began writing music lyrics, and doing freestyles.
He then picked the moniker, Jay-Z, in honour of Jay-O, his mentor. He promoted his music by selling them from his car as he was not under any record label, had no deal signed, all he did was load records in his car trunk and sell.
Later on Jay Z founded Roc-A-Fella with Kareem Briggs and Damon Dash and dropped his debut album titled “Reasonable Doubt” in 1996. In the era, Jay Z has become one of the most successful American bestselling artistes in history. He has won 21 Grammy awards to his credit and has 14 #1 albums on the US Billboard 200.
Jay Z has sold over 100 million records and has his own record label. As an investor, Jay Z has investments in restaurants, nightclubs and he has a his multimillion dollar clothing line known as “Rocawear”. The creative investor and entrepreneur has an estimated net worth of $930 million dollars.