Last updated: Monday, May 19, 2008
SMITH'S $1 MILLION INVESTMENT IN CALIFORNIA SCHOOL
Hollywood superstar WILL SMITH is investing more than $1 million (GBP500,000) in a new school near his California home.
WILL SMITH
The I Am Legend star has paid $889,000 (GBP444,500) to lease the Indian Hills High School in Calabasas, after failing to find a suitable institute for his two young children, Jaden, nine and Willow, seven.
The actor and his wife Jada Pinkett Smith have, until now, been home schooling the pair.
A spokesperson for Smith says of the school - renamed the New Village Academy of Calabasas: "Will is leasing the campus for three years, plus he'll cover all costs such as utilities.
"The academy will be run privately, and will include prekindergarten through grade six."
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Source: WENN
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