Sylvester Stallone’s Net Worth – $400 Million
Sylvester Stallone is a $400 million dollar American actor, screenwriter, producer, and director. As of this writing, Stallone’s films have grossed over $4 billion worldwide. Unlike the majority of Hollywood performers, Sylvester Stallone has written, produced, and/or directed many of his major franchise films.
Highlights of Pay
Stallone garnered interest in his proposal from various studios after penning the screenplay for “Rocky” in only three days. United Artists was in the lead, but they wanted it to be a star vehicle for Robert Redford or James Caan. Irwin Winkler and Robert Chartoff, the film’s producers, were under constant pressure from him to enable him to feature in the picture. For the project, he took a low-paying remuneration of $23,000. That’s around $110,000 today. On a budget of $1 million, the film went on to gross $225 million.
He was paid $3.5 million for the film “First Blood” in 1982. He made $10 million the next year — the inflation equivalent of $25 million – and received his first Producer credit for “Staying Alive.” For the 1984 film “Rhinestone,” he received $4 million and his second Producer credit. He got another $12 million and another Producer credit for Rocky IV the following year. For “Over the Top,” he was paid another $12 million. He was paid $16 million for his role in Rambo III. Each of the following films brought in $15 or $16 million for Sylvester:
Tango & Cash in the Locker
Oscar Demolition Man Judge Dredd Assassins Rocky V
I’m an Expendable I’m an Expendable I’m
The Expendables II is a sequel to The Expendables.
“Daylight” brought in $17.5 million, “Driven” brought in $20 million, and “Eye See You” brought in another $20 million for Stallone.
Sylvester Stallone made $300 million in basic film pay between the 1970s and 2012. After inflation, his profits over this time period were worth around $500 million in today’s terms.
Michael Sylvester Gardenzio Stallone, better known as Sylvester Stallone, was born in Hell’s Kitchen, Manhattan, on July 6, 1946. He is the older son of hairdresser Francesco “Frank” Stallone Sr and astrologer and dancer Jackie Stallone, both of Italian descent. Frank Stallone, his younger brother, is also an actor and musician. Sylvester’s bottom left side of his face was paralyzed due to complications after birthing, giving him his now-iconic “snarling” expression and somewhat slurred speech. Because of his parents’ tumultuous relationship, Stallone spent part of his early years in foster care. The pair eventually divorced. Before going to the University of Miami, Stallone studied acting at the American College in Switzerland. He dropped out of school before completing his degree and relocated to New York City to pursue acting.
“The Party at Kitty,” a softcore adult film that Stallone says he made out of desperation after being evicted from his residence, was his first leading role. For two days of work, he received $200. In 1971, he played an uncredited appearance in Woody Allen’s film Bananas. In 1975, he developed a script about a struggling underdog gangster with hopes to become a professional boxer, inspired by a Muhammad Ali against Chuck Wepner flight he’d witnessed. Stallone is said to have refused to sell the script unless he was cast as the leading man. He held out until Irwin Winkler and Robert Chartoff, two producers, agreed to allow him to play Rocky Balboa.
The film “Rocky” was released in 1976. With his main performance, Stallone achieved instant A-list notoriety and worldwide celebrity. The picture was a critical and financial success, grossing $117 million at the box office and earning 10 Academy Award nominations. Rocky won Best Picture over other now-classic films including All the President’s Men, Network, and Taxi Driver. It also won prizes for Best Film Editing and Best Directing. Rocky II was released in 1979, followed by two more in the 1980s, and Stallone’s box office triumph remained.
In 1982, Stallone starred as John Rambo in the action film “Rambo: First Blood,” which was a critical and commercial success. After the initial film, three sequels were produced. In order to prepare for his roles as Rocky and Rambo, he followed a rigorous training regimen that included two exercises a day, six days a week, plus additional exercise at the night. For the third Rocky film, he dropped his body fat percentage to an all-time low of 2.8 percent.
Sylvester and Braden Aftergood founded Balboa Productions, a film production company, in March 2018. Creed II, Rambo V, and The Expendables 4 are among the studio’s next projects.
Stallone has also sung on the soundtracks of several films. For the original Rocky, he recorded the theme “Gonna Fly Now,” and for Rocky IV, he recorded “Take Me Back.” In addition, he sang duets with Dolly Parton in the 1984 film “Rhinestone.” His firm, “Tiger Eye Productions,” is a boxing promoter.
In 1974, Sylvester Stallone married Sasha Czack. Sage Moonblood, who died of heart illness at the age of 36, and Seargeoh were their sons. In 1985, Stallone and Czack split up. Between 1985 to 1997, Stallone was married to Brigitte Nielson. In 1997, he married Jennifer Flavin, and the couple had three daughters: Sophie, Sistine, and Scarlet.
Sylvester sold a property for $16 million in Coconut Grove, Florida in 1999.
Sylvester’s principal house has been an enormous estate in Beverly Park, a posh gated enclave at the top of Beverly Hills. His 3.5-acre property has a 20,000-square-foot mansion. Eddie Murphy, Mark Wahlberg, and Denzel Washington are among the celebrities that live nearby. Similar houses have recently sold for $40 million to $70 million. Sylvester was said to be marketing this mansion for $130 million in January 2021. He dropped the price to $85 million in August 2021.
Sylvester received a $58 million offer in December of 2021. Adele was the buyer, and it was the most expensive property ever sold in Beverly Park.