*It pays to be a child actor. Clarification, it pays to be a child actor named Jaden Smith.
If you haven’t heard, twelve-year-old Jaden made a grown man’s salary in the business with a $3 million paycheck for “Karate Kid.”
According to reports, the young actor’s contract allotted him the amount in payments. The first installment was $900,000 and the second was $100,000.
The real money was made at the box office. The movie raked in more than $150 million, giving the underage star a $2 million bonus.
And how many millions did your twelve-year-old bring home last year?