12 Yr Old Jaden Smith Becomes Hollywood's Highest Paid Child Actor After Clocking $3M For Karate Kid

In just his third movie Jaden Smith has already moved to the top of the Hollywood food chain for child actor salaries.

The 12-year old son of actors Will and Jada Pinkett Smith, just pulled in a cool $3 million for his starring role alongside Jackie Chan in Karate Kid.

According to TMZ, Smith was paid $1 million up front. His contract had bonus clauses built in based on the movies performance, that netted another $2 million after the film grossed $150 milliondomestically.