Jada Pinkett Net Worth: What is the Source of Her Wealth?
Jada Pinkett is an American actress, producer, writer, and director with a net worth of 50 million dollars. Most people may know her through her ex-husband, Will Smith, a famous American actor who has appeared in several films and shows since the 1990s. Most of Jada’s fortune is proceeds from her separation from Will Smith.
Career
Jada is a talented woman who has worked in the mainstream and entertainment industries. Growing up, Jada had an interest in singing and playing various instruments. Her parents and siblings were very supportive; in the 1990s, she ventured into the acting industry. At first, she had minor roles in various television shows, including 21 Jump Street True Colors. Soon after, she landed a recurring role in the comedy show “A Different World.”
After her role in the sitcom, she started landing major roles, which propelled her into notoriety as she gained national fame. She began appearing in various shows. Soon afterward, she moved into the music industry, recording and producing several songs. Besides acting and singing, Jada is also a producer and television host.
Jada has managed to create many sources of revenue, and these have continued to impact her overall net worth. Besides, through her various performances, she has won several accolades that have significantly contributed to her fortune.
Real Estate
Together with her ex-husband, Jada has made several real estate investments. In 1999, they bought a 100-acre property for 7.5 million dollars in Malibu, but they later bought surrounding properties, making the property a 150-acre piece. The property is now worth a lot of money, approximately between 50-70 million dollars. They had enlisted the property for sale in 2013 but did not find a buyer.
In 2015, Jada and her ex-husband bought a property for 10 million but sold it two years later, making a profit of 2 million dollars. Jada has also purchased several real estate properties that she has yet to sell. She has properties in Hidden Hills, California, worth over 10 million dollars. Generally, Jada and Smith have real estate properties in the United States worth over 100 million.
Philanthropy
Given how much she owns, Jada always gives back to the society. She has actively participated in charity events and donated to various charity organizations. Jada and Smith founded the Will and Jada Smith Family Foundation. It is a foundation that supports the youth and families living in the cities. The foundation, which is almost twenty years old, has had a significant impact on the lives of many individuals.
Besides the foundation, Jada always donates to various causes. For instance, she donated 2000 dollars to an education program focused on ensuring homeschooled children get the best education.
Jada’s Other Ventures
Besides her career in the entertainment industry and mainstream media, Jada has other business ventures. She has a music production company called 100% Women. Jada also owns a clothing line called Maja, and any profits she gets from these business ventures have continued to contribute to her financial freedom. She has also written a book titled “Girls Hold Up This World.”