Will Smith was looking nice and sharp on Monday night at a gala event, but that didn't stop him from being his usual comedic self.

Will hosted a gala lunch for Prince Charles' charity The Prince's Trust on Monday at a lavish hotel, honoring young people who have been able to rise up and achieve their goals with the help of the royal.

The Hollywood star and his "The Pursuit of Happyness" co-star Thandie Newton shared presenting duties for the glitzy bash at London's Dorchester Hotel.

Smith - who shot to fame in the hit TV sitcom "The Fresh Prince of Bel Air" - joked that the trust should be renamed in his honor.

He said, "I think you should rename it The Fresh Prince's Trust. It kind of has a ring to it, don't you think?"

The charity event was organized to honor six young people from disadvantaged backgrounds who had turned their lives around thanks to the trust.

Recipients of the Princes' Trust honors were street magician Dynamo, 23, who grew up on a tough Bradford estate and suffered from Crohn's disease as a child; wedding dress designer Chandrika Thomas; businesswoman Jo Uddin; photographer Anna Kari and music entrepreneurs Paul Everett and James Hicks.

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