Will Smith Blew $6 Million As A Teen Star

Will Smith blew $6 million after finding fame as a teenage rapper, and was left so poor he couldn't pay his tax. The movie star claims he was too young to handle the kind of money he was earning as one half of DJ Jazzy Jeff & The Fresh Prince - but he had fun spending it.
Smith says, "I had a hit single on the radio for 30 days before I graduated from high school.

That's dangerous. It just seemed easy. The tide turned at 19. The IRS (Internal Revenue Service) came and took all my stuff. They wanted $2.8 million and I had two dollars and eighty three cents.

"I went through five or six million, but I had the best time."

Source: starpulse.com