Jada Pinkett and Will Smith are reportedly going through a financial crisis in the wake of their separation
Will Smith, Jada Pinkett Hollywood empire marred by money, marriage crisis
Will and Jada Pinkett Smith have had a tumultuous last few years, resulting in a toll on their finances.
The couple made headlines following the actress’ revelations that they had been living separately for nearly a decade, in her memoir, Worthy, released last year.
A year prior, the King Richard actor sparked massive backlash after slapping comedian Chris Rock on air, due to his joke about Jada’s hair loss condition during the Oscars.
A new report from In Touch weekly suggested that the pair’s production company, Westbrook has been suffering grave loss in terms of revenue, as well as closing in new deals in the wake of the swirling controversies.
Their intentions to sell the entertainment venture to the highest bidder also fell apart because of its losing value in the market.
“Will and Jada’s empire is hurting,” the insider insisted. “It’s cash-crunch time, which has them scrambling to cut back on expenses and also work more to make more money so they’re not in the red.”
“They’re trying not to panic, but they’re having a run of bad luck,” they added.
Besides the technical repercussions, Will and Jada’s career prospects also appear bleak. The Girl’s Trip star’s Facebook talk show, Red Table Talk was also scrapped by Meta following the axe of the social media Watch Originals.
Moreover, Smith hasn’t been able to hit usual box office mark with his choice of films for quite some time.
The insider noted that the couple’s $42 million mega-mansion in Calabasas (California) is “super expensive to run,” adding: “Ongoing renovations have been costing them a fortune.”
Rest assured, the twosome is determined to stick by each other’s side as they navigate the difficult time together, according to the source, “they aren’t afraid of hard work.”
“Yes they’re separated, but they still consider themselves an important team and a force in Hollywood,” they added. “Time will tell if that proves to be the case.”
News
Exclυsive Kiм Kardashian was ‘rattled’ by savage BOOING at Toм Brady’s roast and felt ‘blindsided’ by crowd who threw Taylor Swift feυd in her face with brυtal chants of ‘ThanK yoυ aIMee’
Kim Kardashian đã bị che mắt bởi sự tiếp đón ‘tàn bạo’ mà cô nhận được khi chiếu trực tiếp Tom Brady trên Netflix, với việc ngôi…
Breaking: ABC’s CEO Has Finally Realized The Obvious: The View, an Aberration of Humanity
Breaking: ABC’s CEO Has Finally Realized The Obvious: The View, an Aberration of Humanity ABC’s CEO, Kim Williams, made a startling admission recently, declaring that the creation…
Jada Pinkett Smith and Jaden Smith use “hallucination drugs” right in the conversation on the red table
“It’s changed my life for the better,” Jada said. Jada Pinkett Smith and Jaden Smith are opening up about their personal experiences with psychedelic drugs. On Wednesday’s episode of Facebook…
Kylie Jenner, 15, looks older than her years in revealing outfit as she supports her friend Jaden Smith at After Earth premiere
She’s only fifteen years old, but she certainly didn’t look it on Wednesday. As Kylie Jenner attended the After Earth premiere at the Ziegfeld Theater in New…
Jaden Smith’s terrible secret has never been revealed
“When one thinks of Jaden Smith, the image of a cute young boy catapulted into stardom by the success of ‘The Karate Kid’ likely comes to mind….
The Real Reason Why Jaden Smith Moved Out At 15
If there is anything we all know about The Smiths, it is how unconventional they are. But to the point of a 15-year-old wanting to move out…
End of content
No more pages to load