The 94th Academy Awards was held in Dolby Theater, Los Angeles.

Multiple celebrities hosted the ceremony, including Regina Hall, Amy Schumer, and Wanda Sykes.

Will Smith slapped fellow celebrity Chris Rock onstage at the event.

Will is a renowned actor but was once known for his music career.

He is worth about $350 million from his numerous ventures, including acting, music, and real estate.

Rock is one of the highest-paid comedians and is worth about $60 million.

He lost a significant amount of dollars in a divorce settlement with his former wife.

Will received his first Academy Award for his role in “King Richard.”

He apologized for his outburst while giving his acceptance speech.