Rumor has it that after revelations of an on-and-off relationship, Jada Pinkett Smith has left her husband Will Smith feeling embarrassed.
Despite the claims of trying to fix their marriage, he is said to be seeking a divorce.
It was reported last month that Jada and her famous other half had unofficially gone their separate ways seven years prior.
Reports claim that Will was taken aback by Jada's revelations about their relationship, which have surfaced due to the launch of her memoir and multiple podcast shows. This comes after a period of Jada making frequent television appearances.
But Heat Magazine recently reported that Jada's revelations about her and Will's private life did not sit well with the actor.
According to a source who spoke to the outlet, Will felt "more emasculated than ever" after these statements.
The Oscars slap appears to have catalyzed a developing rift between Jada and her husband, who feels "humiliated" and "betrayed."
As divorce now looms, it's clear that understanding the financial implications is paramount.
According to one source: "[He] knows he needs to be strategic as there's $400 million on the line. But [he's] hurt and angry, and this is the final straw."
They further claimed that the end of the relationship between him and Jada is near. He desires a "real relationship" rather than continuing with the facade.
Last month, Jada Pinkett Smith opened up to People magazine regarding her and Will's six-year separation before the Oscars slap incident between him and Chris Rock.
Later on, however, she spoke on "The Today Show" about their reconciliation.
Appearing on it, the actress and podcast host had something to share with her viewers.
She declared that "there's no such thing as finding a new great love." Even more strikingly, she revealed that she and her partner are working hard to rebuild their connection.
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What Would Happen to the Finances of a Possible Divorce Between Will Smith and Jada Pinkett Smith?
In 1997, before their union, Jada Pinkett Smith was stunned when The Chicago-Tribune reported in Newsweek that someone had the gall to inquire about her signing of prenuptial agreement.
In California, divorcing couples are subject to Viola Law when there is no prenuptial agreement in place.
This means that for the Smiths, it will likely be necessary to divide up any marital assets 50/50 per the state's community property laws. Thus, they must grapple and reach a compromise on each asset separately throughout the divorce process.
An entertainment career spanning over 30 years has paid off handsomely for Will Smith. As of 2023, his net worth is estimated at a hefty $350 million by Celebrity Net Worth.
His success can be attributed to his roles both in front of the camera and behind it as an actor and producer.
Meanwhile, Jada Pinkett Smith has a net worth of around $50 million - a figure that reflects her impressive accomplishments in the entertainment industry, as well as her successful investments in both business and real estate.
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