Willow Smith has money in the bank….and a lot of it.
According to People Magazine’s Richest Teens List, Willow Smith (who coincidentally is not a teen) hit the jackpot last year after releasing her hit record, ‘Whip My Hair’. While her 13 year old brother Jaden Smith banked a cool $5 million bucks for his lead role in the film, ‘The Karate Kid’, Willow was close behind, making $4 million off of her hit single, Whip My Hair.
Those Smith contracts and negotiations are pretty serious. It may be hard to fathom that after releasing one song (inclusive of her European tour with Justin Bieber I’d imagine), Willow brought in $4 million which puts her earnings close to artists who actually released albums last year, including Nicki Minaj and B.O.B. According to Forbes, Nicki Minaj earned an estimated $6.5 million last year which included the release of her #1 album Pink Friday, a MAC endorsement, numerous shows and appearances, a number of Top 10 singles on Billboard as well as breaking Billboard records for number of songs on the charts in a year. In comparison, rapper B.O.B. clocked $5 million last year, which included the release of an album, 2 Number 1 songs (Nothing On You, Airplanes). Willow’s $4 million means that with the release of the one song (and a less successful one that followed), she earned $2 million less than Rick Ross, 50 Cent, and Pitbull did for the entire year.
Meanwhile, 17 year old Justin Bieber made a reported $53 million last year. ‘Ballin’!