 "Will Smith and wife Jada's charity to shut down after actor's Oscar slap incident, revenues drop by 83%")
Will Smith’s slap to Chris Rock at the 2022 Oscars blew up like anything, and it has ended up harming the actor both on the personal and professional front. A report by Variety says his and his wife’s Will And Jada Smith Family Foundation is likely to be shut down owing to that very slap. The revenues have dropped by 83%, from $1,760,000 in 2020 and $2,138,660 in 2021 to $365,870 in 2022.
Will Smith’s slap to the host of the Academy Awards 2022 Chris Rock overshadowed his maiden win as the Best Actor at what remains one of the biggest controversial moments in Oscar history. There were also rumors that Smith and his wife Jada were living separately for a while. Addressing all of this in a recent interview with the Daily Mail, she said, “After all those years trying to figure out if I would leave Will’s side, it took that slap for me to see I will never leave him.”
She added, “Who knows where our relationship would be if that hadn’t happened?”
Smith left a shocking impression last year at the Academy Awards after he slapped comedian Chris Rock onstage for joking about his wife, Jada Pinkett Smith. While it has been almost a year since the infamous incident took place, the world clearly still can’t stop talking about it.
Rock who was presenting an award cracked a joke comparing Will Smith’s hair to Demi Moore’s appearance in the film ‘G.I. Jane’, leaving the couple upset. It was immediately after that, the actor went on stage and slapped him. With the incident left millions shocked, Chris Rock has for the first time opened up at length about the scandal.