He might be already worth an estimated $350 million (£268 million) but it sounds like Will Smith will be set to earn at least another ten mill as a bidding war has been sparked over the rights to turn his biography into a smash drama.
The 53-year-old Oscar nominee thrilled fans when he unleashed his memoir, titled Will, last year which delved deep into the past and secrets of his glittering and successful life.
Now multiple streaming services are said to be desperately trying to outbid each other to secure the rights to turn his self-penned book into a hit show or movie.
And it is claimed the star will land an “eight figure” deal for the rights to his life story – which means he will be paid at least $10 million (£7.7 million).
A source told The Sun: “When he signed his book deal he did so with an accompanying biopic in mind.
“Now all the streaming services are clamouring to pick up the rights. The bidding war means he can command a huge amount of money so he’s weighing up his options to work out which one will handle his life story with the most care.
“The book was really successful because it told his inspirational, but at times really challenging, story.
“Given it will be so personal, it’s a sensitive thing for Will. He wants to make sure it’s done the right way and isn’t something that gets rushed out, regardless of the money.”
In his book, Will touches on the struggles that his marriage to 50-year-old Jada Pinkett Smith has faced over the years.
The couple married in 1997 and have two children together; a son named Jaden, 23, and a daughter named Willow, 21 – while the star has a son named Trey from a previous marriage.
In his memoir, Will explained that he and Jada don’t have a “conventional” marriage and says he took the rhalucynagenic drug ayahuasca to help him put his family life into perspective.
While promoting the book, he told talk show icon Oprah Winfrey: "It's about being able to find that contentment within yourself — not with external stimuli.
"The spiritual process is detoxing all of those things — not leaving your marriage so you can go get some chocolate cake. No. It's no chocolate cake. It's not alcohol. It's no sexual stimulation and all of that... The spiritual process is more about detox than going to get more."
The Hollywood star said he went on a 14-day silent retreat in Peru and used ayahuasca a dozen times while under supervision.
The drug, which can cause users to experience hallucinations and mind-altering psychedelic effects, made Will have some revelations about his marriage.
"We realised that it was a fantasy illusion that we could make each other happy," he said. "We agreed that she had to make herself happy and I had to make myself happy.”
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