Will Smith reveals His Lifesaver When He Had No Money.
Will Smith today has a net worth of $350 million, but his path to financial success was far from simple, especially in the early years of his career.
Prior to becoming an Academy Award-winning actor, Smith, 54, created a name for himself in the music industry as a rapper. Despite his little reputation, he was able to carve out a niche for himself. However, the star of ‘The Emancipation’ suddenly faced the terrifying threat of bankruptcy, dealing with unpaid taxes, a dwindling bank account, and the IRS’s looming presence.”
Smith felt stuck with no obvious way out as he was burdened with debt .When faced with this difficult circumstance, he made a crucial choice: he chose to start over by moving to the West Coast and putting his turbulent history behind him.
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However, in order to complete this project, he had to borrow $10,000 from a friend who was a drug dealer.
“I knew whatever my new life was going to be, I could feel it was going to be in Los Angeles. So I borrowed $10,000 from a friend of mine who was a purveyor of neighborhood pharmaceuticals.”
The Men in Black actor encountered difficulties with money and taxes, but soon after landing in Los Angeles, he was able to overcome them, just as he had planned.
The NBC comedy “The Fresh Prince of Bel-Air,” a cult favorite from the 1990s that propelled Smith to popularity and signaled a crucial turning point in his career, was Smith’s savior.
Will Smith reveals His Lifesaver When He Had No Money.