Will Smith and Jada Pinkett Smith's marriage has "hit rock bottom" and the two Hollywood heavyweights could soon find themselves battling to split up the $240 million fortune they have amassed.

Hollywood Life reports the 46-year-old Smith has recently taken the couple's rumored open relationship to levels even Pinkett Smith seems to consider a bit extreme.

"Will and Jada's marriage has spiraled out of control and she's contemplating divorce," said a source, adding that Smith has taken to acting in public as if he's truly a single man. "In May, she consulted a high-profile divorce attorney after things hit rock bottom for them. She will leave him if things continue down this path. And she is not messing around."

Supposedly, Smith's behavior has only been getting worse over time, including a late April incident in Toronto where he openly fawned over a group of bikini models for all to see.

"He was like a kid in a candy store," the source added. Smith is also reported to now be staying out all hours of the night and "hanging out with a different girl every night."

Not long ago, Smith was rumored to be smitten with 23-year-old "Focus" costar Margot Robbie and the two were reported to be having an affair.

The two stoked rumors back in late October when they jumped into a darkened photo booth together and could be seen "laughing, hugging, and nuzzling each other" as Robbie directed each pose, at one point lifting up her shirt and flashing her bra.

"Will and Margot never showed up back on set or attended the night's festivities with the rest of the crew," a source later claimed of that evening. "After they left the party, they were gone all night."