It’s official. Jaden, 12, and Willow Smith, 10, no longer have to ask for allowance from mom and dad, Will Smith and Jada Pinkett-Smith — the all-star kids are raking in loads of money on their own. Jaden reportedly pulled in a whopping seven figures for starring in The Karate Kid! How nuts is that?
TMZ.com obtained Jaden’s Karate Kid contract from June 2009 — when he was only 10-years-old — and his up-front fee alone was $1,000,000! He was given the money in two installments — one for $900,000 and another for $100,000.
But Jaden received even more money after the film topped $150 million in the domestic box offices– a $2 million bonus!
So even though the documents show Jaden made $3 million, with the movie’s success and all the perks that came along with it, it’s being estimated that the 12-year-old made a whole lot more!
Kudos to Jaden!
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