What is the net worth and salary of Sylvester Stallone?
Sylvester Stallone is a $400 million dollar actor, screenwriter, producer, and director from the United States. Stallone’s films have grossed moreover $4 billion worldwide as of this writing. Sylvester Stallone, unlike most Hollywood stars, has written, produced, and/or directed many of his major franchise films.
Stallone received interest in his concept from various studios after writing the screenplay for “Rocky” in just three days. United Artists was the front-runner, but they wanted Robert Redford or James Caan to appear in it. Irwin Winkler and Robert Chartoff, the film’s producers, were under constant pressure from him to let him star in the picture. For the film, he took a $23,000 cut-rate salary. That’s about $110,000 in today’s money. On a budget of $1 million, the film grossed $225 million.
He was paid $3.5 million for “First Blood” in 1982. He got $10 million the following year — the inflation equivalent of $25 million – and his first Producer credit for “Staying Alive.” For the 1984 film “Rhinestone,” he received $4 million and his second Producer credit. He earned $12 million and another Producer credit for Rocky IV the next year. “Over the Top” brought him another $12 million. He was paid $16 million for Rambo III. Each of the following films earned Sylvester $15 or $16 million:
- Lock Up
- Tango & Cash
- Rocky V
- Oscar
- Demolition Man
- Judge Dredd
- Assassins
- The Specialist
- The Expendables I
- The Expendables II
“Daylight” brought in $17.5 million, “Driven” brought in $20 million, and “Eye See You” brought in another $20 million.
Sylvester Stallone earned $300 million in base film salaries alone between the 1970s and 2012. In today’s currencies, his earnings from this period alone were worth about $500 million after inflation.
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Early Life:
Sylvester Stallone was born in Manhattan’s Hell’s Kitchen on July 6, 1946, as Michael Sylvester Gardenzio Stallone. Francesco “Frank” Stallone Sr, a hairdresser, and Jackie Stallone, an astrologer, and dancer are his parents. Frank Stallone, his younger brother, is an actor and musician. Sylvester’s bottom left side of his face was paralyzed at birthing, giving him his now-iconic “snarling” expression and slightly slurred speech.
Due to his parents’ tumultuous relationship, Stallone spent some of his early years in foster care. Later, the couple divorced. Before attending the University of Miami, Stallone studied acting at the American College in Switzerland. He dropped out of school before finishing his degree and traveled to New York City to pursue acting.
Career:
Stallone’s first starring role was in the softcore adult film “The Party at Kitty,” which he says he made out of desperation after being evicted from his flat. For two days of work, he was paid $200. His early film roles were tiny, including an uncredited appearance in Woody Allen’s 1971 picture Bananas. He was also interested in scripting, and in 1975, he penned a screenplay about a struggling underdog gangster with hopes to become a professional boxer, inspired by a Muhammad Ali vs. Chuck Wepner fight he’d attended. Stallone is said to have refused to sell the script unless he was cast in the lead role. He hung out until he found two producers, Irwin Winkler and Robert Chartoff, who were ready to let him play Rocky Balboa.
“Rocky” was released in 1976. With his main performance, Stallone achieved instant A-list notoriety and global stardom. The film was a critical and commercial success, grossing $117 million and earning 10 Academy Award nominations. Rocky was up against other now-classic films including All the President’s Men, Network, and Taxi Driver for Best Picture, but it won in the end. It also won Best Directing and Best Film Editing awards. Rocky II was released in 1979, followed by two additional films in the 1980s, and Stallone’s box office success remained.
In 1982, Stallone starred as John Rambo in the action film “Rambo: First Blood,” which was a critical and box revenue success. After the original film, three sequels were made. 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 activity in the nights. For the third Rocky film, he lowered his body fat percentage to an all-time low of 2.8 percent.
Stallone’s fame began to dwindle in 1987 when he starred in “Over the Top,” a box office disappointment that received mixed reviews from reviewers. He released Rocky V in the 1990s, which was another box office flop.
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In the early 1990s, he attempted to develop comedies but was faced with critical and commercial failures with the films “Oscar” and “Stop! Or My Mom Will Shoot.” Stallone had a brief career warm-up with the 1993 film “Cliffhanger,” which grossed $170 million in the United States, and the 1996 film “Daylight,” but by the early 2000s, he had a succession of box office failures and critical letdowns.
After a three-year break, Stallone returned in 2006 with the sixth “Rocky” film. He wrote, directed, and starred in “Rocky Balboa,” a highly acclaimed film with a budget of $24 million and a worldwide gross of $155.7 million. In the fourth installment of the series, “Rambo,” he resumed his role as Rambo. In 2010, he wrote, directed, and starred in the box office hit “The Expendables,” which debuted at No. 1 on its opening weekend. In 2012, a sequel was released to similarly good reviews and a No. 1 box office debut.
In 2015, Stallone added a new chapter to the Rocky franchise with Creed, a spin-off film. The film was directed by Ryan Coogler and starred Michael B. Jordan as Adonis Creed, the son of Rocky’s nemesis Apollo Creed. Stallone won critical acclaim and was nominated for his third Academy Award for Best Support Actor. Creed 2, which was released in 2018, received favorable reviews and grossed $35.3 million in its first weekend. On September 20, 2019, the fifth Rambo film was released, grossing $91 million worldwide.
Other ventures:
In March 2018, Sylvester and Braden Aftergood founded Balboa Productions, a film production studio. Creed II, Rambo V, and The Expendables 4 are among the studio’s many upcoming projects.
Stallone has also sung on the soundtracks of a number of films. For the first Rocky, he recorded the “Gonna Fly Now” theme, and for Rocky IV, he recorded “Take Me Back.” In addition to this, he performed duets with Dolly Parton in the 1984 film “Rhinestone.” His organization is called “Tiger Eye Productions,” and he is also a boxing promoter.
Personal life:
In 1974, Stallone married Sasha Czack. Sage Moonblood, who died of heart illness at the age of 36, and Seargeoh were their two sons. In 1985, Stallone and Czack divorced. From 1985 to 1997, Stallone was married to Brigitte Nielson. In 1997, he married Jennifer Flavin, with whom he had three daughters: Sophie, Sistine, and Scarlet.
Real Estate:
Sylvester sold a house in Coconut Grove, Florida for $16 million in 1999.
Sylvester’s primary house for the previous few decades 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 house. Eddie Murphy, Mark Wahlberg, and Denzel Washington are among the nearby residents. Similar properties have recently sold for $40 million to $70 million. Sylvester announced in January 2021 that he was selling this home for a whopping $130 million. He reduced the price to $85 million in August 2021. Sylvester reportedly accepted a $58 million offer from Adele in December 2021.
Sylvester and Jennifer Flavin spent $4.5 million for a vacation home in La Quinta, California, in January 2010. They tried to sell this house several times beginning in 2014. Even after lowering the price to $3.625 million in 2016, they were unable to locate a buyer. This house was finally sold in May 2020 for $3.1 million.
Sylvester spent $35.4 million for a 1.5-acre property in Palm Beach, Florida, with a 13,000 square-foot mansion in December 2020. The property’s sellers made roughly $10 million in profit on the sale after purchasing it for $26 million in 2018.
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