Parade magazine has released its list of the top 10 favorite stars.  Coming in at first was actor/comedian Will Smith.  Will Smith, who was recently the victim of a nasty gay rumor, has always been a fan favorite and it comes at no surprise to me that he came in at #1. Also on the list were Jennifer Aniston (don’t know why), Johnny Depp, and of course Brad Pitt.  Backseatcuddler.com has the complete list of America’s favorite stars.  Check it out and let us know who you think made the list that shouldn’t have and who your favorite star is.

For years tabloids have accused actor Will Smith of being gay and now a Hollywood Madame is claiming that Smith has hired male prostitutes.

According to the Madame, who has moved her business to New York, Smith “has swung both ways for years.”  The Madame also stated that,

I had to reassure him over and over that I could guarantee discretion.  Once I convinced him I could, he placed his order.  It was for a man.  I had 14 women working for me and two guys.  You’d be surprised at how many Hollywood stars requested the services of the guys.”

Will Smith, who has two children with wife Jada Pinkett Smith, is well respected in Hollywood.  If this rumor is true, it could drastically affect his career.

I think that Will Smith and Jada Pinkett Smith are the latest celebrity couple to become the target of the tabloids, since TomKat and Brangelina seem to be doing great.  What do you think?

According to Forbes, Will Smith and Cameron Diaz are on the top of the charts for being the highest paid actors in 2007.

Will Smith brought in $80 million last year, with 10% of that goes to that creepy scientology society of his. Cameron Diaz is the highest paid female actress getting paid $50 million. (Why? I still haven’t been able to figure it out. If I never saw her in another movie for the rest of my life, it would still be too soon).

The 5 most overpaid actors in Hollywood:

1. Will Smith- $80 million
2. Johnny Depp - $72 million
3. Eddie Murphy - $55 million
4. Mike Myers - $55 million
5. Leonardo DiCaprio - $45 million

The 5 most overpaid actresses in Hollywood:

1. Cameron Diaz - $50 million
2. Keira Knightley - $32 million
3. Jennifer Aniston- $27 million
4. Reese Witherspoon - $25 million
5. Gweneth Paltrow - $25 million

Can someone please explain to me why some of these people make so much money? I mean Eddie Murphy hasn’t made a decent movie in like a decade. And although there are still some people still bitter about the Jennifer Aniston/ Brad Pitt break-up, their is no way that Jen should make $27 million while Angie gets a mere $14 million. I would take Angie over Jen any day.

Visit Forbes to check out the rest of the list.

Will Smith and wife Jada Pinkett Smith decided that since California schools are unsuitable for their two young children they would just lease their own school.

The Smiths announced Monday, May 19, that they paid $889,000 to leases Indian Hills High School in Calabasas, California for three years. Will Smith has stated that,

We started home-schooling our children probably six years ago. We found about eight or nine other parents that home-school, so we put them together… There’s just very powerful educational concepts that we believe in, and we feel like ‘I want to design the system that revolutionizes public education.’

The school will be known as the New Village Academy of Calabasas. A spokesperson for the family issued a statement saying,

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.

With the current budget crisis in California I bet most parents wish they had close to a million dollars to spend on their children’s education. Can you imagine the special treatment his kids are going to get. What teacher would fail the school owner’s child? Is this school even going to have teachers or is it just a place for a bunch of parents to come and home-school their children together?