Will Smith & Jada Pinkett-Smith‘s twelve-year-old son Jaden is already rolling in the dough.  The Karate Kid star is a millionaire.

TMZ got their hands on Jaden’s Karate Kid contract.  Jaden’s up-front fee for doing the 2009 film was paid in two installments – one for $900,000, the other for $100,000.  Since The Karate Kid was a box office smash, Smith received a $2 million bonus.

TMZ says that $3 million is the minimum that Jaden made off of The Karate Kid. With other perks in his contract and the film’s financial success, Jaden likely brought home even more money!

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