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There are a number of child stars that make astronomical amounts of money, but the leader of the pack seems to be the son of Will Smith and Jada Pinkett-Smith. 22 year old Jaden Smith is already worth an astounding $8 million, and when it comes to his earning potential, he has only just begun.

This young entertainer definitely has talent running through his veins. Combined with his tenacity and popularity, Wealthy Gorilla reports that it seems there is nothing stopping Jaden Smith from surpassing the success of his very wealthy, highly esteemed parents. He already has a series of movie credits under his belt, and has released music under his own name, as well. Here's a look at how the richest child star achieved this prestigious title...

Education Is The Foundation

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Will and Jada Smith made sure that their children were given every opportunity to expand their educational horizons. Trendrr identifies that by teaching them to learn, discover, grow, and educate themselves through higher learning, they instilled good values in their kids. Jaden now fully understands the importance of his applying himself and putting forth his best efforts in order to achieve success. He attended New Village Leadership Academy for a short time before being home-schooled by his parents.

Jaden built a strong educational foundation, from which he went on to build his success.

A Box-Office Sensation

Jaden Smith had expressed an interest in acting since he was very young, and he definitely had a few advantages working in his favor. Of course, being the son of 2 superstars in Hollywood is a pretty good head start. This meant that unlike many other children that had to convince their parents to let them try things that were outside of the social norms, he came from a home that both encouraged and cultivated his creative spirit.

Jaden Smith wasted no time at all revealing his unrivaled acting skills to the world. His very first big-screen gig was a huge hit. He scored high points with fans as being a talented actor in he movie The Pursuit Of Happyness in 2006, and he immediately gained recognition and respect in the world of film. He was awarded the award for the Best Breakthrough Performance at the 2007 MTV Movie Awards in 2007.

He then went on to star in The Day The Earth Stood Still, and was given a starring role in the classic hit, The Karate Kid. Jaden Smith was seeing success at every turn, and his popularity was absolutely soaring. Jaden also started opposite is father in After Earth.  His bank account was starting to look a whole lot bigger, and Jaden Smith was boldly making strides in his acting career.

His Musical Journey

Jaden Smith has effortlessly demonstrated to the world that he is a double threat in every way. Aside from his obvious talents as an actor, he also happens to be a wildly talented singer with a flair for the rap scene. Following in the footsteps of his father, it seems Jaden can easily switch between acting and singing, and happens to truly excel at both.

His very first recorded song was a collaboration with Justin Bieber. Jaden and Justin worked together on the hit song Never Say Never, and then went on to release a number of his own singles.

In 2014 he released The Cool Café, and in 2017 he released Syre to the world. Syre: The Electric Album, and Erys soon followed.

This additional exposure led to other opportunities for Jaden as well. He partnered up with a company that sells spring water, called Just Water, and went on to create his own line of clothing, as well.

Social Media & Independence

Social Media is a huge asset and the major focus for nearly all young adults that are Jaden's age. However, Jaden has found a way to make his social media channel work in his favor, and generate a lot of money. He has a huge fan base and fans are always tuned in for the latest updates about his life. Having a loyal, dedicated fan base has meant that he has increased income earning potential and significantly more leverage. He has proven that he doesn't just attract a crowd, but that he has significant influence over his fans as well.

Jaden Smith has already made so much money in his young life, that he filed for emancipation with the support of his parents, and officially moved out of their home. He didn't need their financial support, and wanted to enhance his independence. He currently resides in a $4 million mansion in the Hollywood Hills which he shares with his sister, Willow.

There's no telling what Jaden will be releasing next, but there is one thing we do know for sure - whether it's a movie or an album, it's sure to be a huge hit.

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Sources: Trendrr, Celebrity Net Worth, Wealthy Gorilla,