By becoming a rap star at 17, a millionaire by 18 with a Grammy Award at 20 and an easy transition to TV at 21, Will Smith is one of those celebrities who has recorded tremendous success in the entertainment industry. With a current net worth of $300 Million, Will became one of the centerpieces of one of the most popular sitcoms in the 90s before taking a successful giant leap into movie acting in the mid-90s.

Although at a particular point in his life, Will Smith went bankrupt and owed the IRS a huge debt with a possibility of facing jail time, that experience has shaped him into the careful spender he is today. Here is how Will Smith spends his millions.