The showbiz world was left in shock when the 53-year-old, who took home the best actor award, stormed the stage to confront the comedian over a joke he made about wife Jada Pinkett Smith.
In bizarre scenes, the Fresh Prince favourite swung at the star before going back to his seat, yelling: ‘Keep my wife’s name out your f**king mouth.’
Will later returned to the stage to collect his first-ever Oscars statue for his portrayal as Richard Williams in the acclaimed biopic, breaking down in tears as he addressed the crowd.
Taking to Twitter shortly after, Jaden simply tweeted: ‘And That’s How We Do It.’
According to People Magazine, the 23-year-old shared a now-deleted picture of himself in the back seat of a car, adding: ‘My Dads Speech Made Me Cry.’
The ceremony took an explosive turn when Chris arrived on stage to hand out the award for best documentary.
Before announcing the winner, he made a quip about Jada, who was sat beside her husband in the crowd, and her buzz cut – something she has previously been candid about, concerning her alopecia condition.
‘Jada, can’t wait for GI Jane 2,’ he said as the camera panned to the unimpressed actress.
Will soon stormed the stage and swung at the comic over the slight.
‘Oh wow, Will Smith just smacked the s**t out of me,’ a shaken Chris told the crowd as the Bad Boys actor walked away. ‘Wow dude. It was a GI Jane joke.’
The audience fell into an awkward silence as the Bad Boys actor yelled from his seat: ‘Keep my wife’s name out your f**king mouth.’
‘I’m going to, okay… I’ll keep going? That was, er, the greatest night in the history of television,’ he responded before eventually handing the Oscar to Summer of Soul.
Will apologised to the Academy and his fellow nominees in an emotional, tear-filled speech as he accepted his best actor gong following the incident, telling the crowd: ‘Love will make you do crazy things
The Academy has since tweeted a statement, which read: ‘The Academy does not condone violence of any form.
‘Tonight we are delighted to celebrate our 94th Academy Awards winners, who deserve this moment of recognition from their peers and movie lovers around the world.’
While the Los Angeles Police Department has confirmed that a report has not been filed over the incident.