Will Smith Continues To Experience Fallout From The Oscars Slap Incident

The infamous ‘slap’ is etched in the annals of Academy Awards history. It was the 2022 Oscars, and the world watched as Will Smith made headlines in a heated exchange with comedian Chris Rock. It all started when Rock, presenting the award for Best Documentary Feature, decided to jab at Jada Pinkett Smith’s hair playfully. What began as a jest soon escalated into a confrontation that rocked the Oscars and beyond. Smith apologized twice, but the fallout was significant – a 10-year ban from Academy events.

As Rock’s joke landed, Smith chuckled, but Pinkett Smith‘s visible irritation, marked by eye rolls, showed her displeasure. However, the atmosphere dramatically changed when Smith decided to intervene physically. He walked onto the stage, delivering a decisive blow to Rock before retreating to his seat, leaving the audience shocked and uncertain about the authenticity of the altercation. Pinket Smith’s prior disclosure about her battle with alopecia, an autoimmune condition causing hair loss, lent a poignant context to the incident, highlighting the sensitivity of the subject matter.

Smith Family Foundation

After the clash between Will Smith and Chris Rock at the 2022 Oscars, the Will and Jada Smith Family Foundation suffered a blow, hemorrhaging significant donors. With backing diminishing, the foundation now teeters on the brink of closure, once a beacon of hope now dangling precariously. Variety’s latest scoop reveals a staggering nosedive in revenue for the Will and Jada Smith Family Foundation. From a robust $1,760,000 in 2020 and a whopping $2,138,660 in 2021, the figures plummeted to a mere $365,870 in 2022, as detailed in tax documents. This significant 83% downturn is pinned on the departure of key donors, such as American Airlines, chipping in $76160 in 2021, and CAA generously offering $100,000 in the same period. Insider whispers hint that the Smith clan had mulled over shutting down the foundation even before the incident, opting to channel their philanthropic efforts through more discreet avenues instead. Nevertheless, the foundation’s dedication to uplifting individuals and communities shines through on its website, spotlighting substantial investments in diverse initiatives geared toward fostering growth and empowerment.