Will Smith starts own school for his kids

New York: Actor Will Smith, who has starred in hits like Independence Day and I am Legend, has decided to start his own school because he feels there isn't anything good enough outside for his kids.

Smith and his wife Jada, who has acted in films like the Matrix trilogy and Collateral, have been home schooling their kids. But Smith has now spent about $1 million to lease a campus near his California home, perezhilton.com reports.

The campus has been named the New Village Academy of Calabasas. The school will be run privately for kids up to sixth grade. Smith's son Jaden had co-starred with him in The Pursuit of Happyness.