Will Smith is back in the spotlight, but not due to the Oscar slap controversy but he’s reportedly facing a worsening financial crisis.
According to a report by The Blast, the famous actor has quietly been selling several of his properties in an effort to manage mounting financial pressure.
Close sources revealed that Smith is currently grappling with various expenses, career setbacks, and ongoing speculation about his relationship with Jada Pinkett Smith.
It is understood that the couple are no longer living together, but Will is still covering the costs of both their residences.
The situation is expected to worsen if they finalize a divorce, especially if they fail to reach an agreement on asset division.
Earlier this year, Smith reportedly listed his Woodland Hills property for sale at $2 million and also sold a five-bedroom bungalow in Maryland for around $795,000.
Although not declared bankrupt, sources say Smith is now going through the most challenging period of his life with declining income, fewer acting offers, and the failure of his music projects.
His latest album Based on a True Story, released in 2025, also failed to gain traction, selling only 300 copies in the UK despite featuring collaborations with his son Jaden Smith, Big Sean, and Teyana Taylor. – BOOM!
