Child star Jaden Smith reportedly received a massive seven-figure sum for starring in the hit movie The Karate Kid.

Actor Will Smith’s son Jaden has become the highest paid Hollywood child star after raking in 3 million dollars for his role in the remake of the 1984 movie ‘The Karate Kid’.

The 12-year-old actor was reportedly paid a salary of 1 million dollars as an ”up front” fee and another 2 million dollars bonus from the grossed of more than $150 million at the box office, reports the Daily Mail.

Jaden”s seven-figure salary has made him, by far, the highest paid of any of the young actors currently in Hollywood.

The young actor spent the summer of 2009 in China training with martial arts experts from co-star Jackie Chan’s personal stunt team before shooting the action film. He was such a natural that Chan encouraged him to keep at it.

“After the movie, I told Will, ‘Don’t waste his talent; he’s just so good.’ He’s (Jaden) still training every day…”

Jaden began acting alongside his dad in the films The Pursuit of Happyness and the disaster I Am Legend. Since filming The Karate Kid at 10, he’s gone on to appear in the smash Justin Bieber biopic Never Say Never. The preteen will next be seen on the silver screen again when he teams up with Will and Hollywood director M. Night Shayamalan for a new sci-fi flick expected to open in 2012.