Will and Jada Smith are reportedly 'fine' after a fire broke out in their home. A fire broke out in Will Smith and Jada Pinkett Smith's $42 million mansion in Calabasas, Calif., on Sept. 20, while the stars were at home. According to a Page Six source who's close to the Smiths, the fire started in the basement, but fire trucks apparently arrived in time to keep the flames at bay. "They are all fine and in the home. A fire broke out in the basement, and a fireman was treated, but everyone is fine," said the insider, adding, "There were a lot of fire trucks and police, so it caught everyone's attention, but they're all fine." The huge estate is the same one where Jada shoots her Facebook Watch show, "Red Table Talk," with her daughter, Willow Smith, and mother, Adrienne Banfield-Norris.