Hollywood superstar Will Smith is investing more than $1 million in a new school near his California home. The I Am Legend star has paid $889,000 to lease the Indian Hills High School in Calabasas, after failing to find a suitable institute for his two young children, Jaden, nine and Willow, seven. The actor and his wife Jada Pinkett Smith have, until now, been home schooling the pair. A spokesperson for Smith says of the school - renamed the New Village Academy of Calabasas: "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 pre-kindergarten through grade six."
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