Will Smith: My son owns just one pair of shoes

Hollywood star Will Smith says his son Jaden's wardrobe comprises only a pair of shoes, three pairs of pants and five shirts. Smith said he respects his 16-year-old son for he is not keen on splashing money, reported People magazine.

"He has refused to be a slave to money. I so respect that. The younger generation is less of an ownership generation, anyway. It's such an interesting thing to watch, because I came from a middle-class background, but, you know, our lights and gas would be cut off from not paying the bill.

"I grew up in a house where you would need the kerosene heaters in the winter in case the bills didn't get paid. He's from the complete other end of the spectrum. And it's so interesting to me that from growing up in that space, he could see the need for things in a way that he's rejecting. He's like, 'I'm not gonna let myself need things in that way'," he said.