HomeCelebritySylvester Stallone Net Worth 2024: How Rich Is The 'Rocky' Star?

Sylvester Stallone Net Worth 2024: How Rich Is The ‘Rocky’ Star?

Name Sylvester Stallone
Age 77 years
Height1.77 m
OccupationActor
Source of WealthMovies, Production House and Boxing Promotions
Net Worth$400 million
ResidencePalm Beach, Florida

Sylvester Stallone has recently made headlines after his wife, Jennifer Flavin filed for divorce after almost 25 years of marriage. However, he is better known for his immense contribution to the film industry as an actor, screenwriter, and filmmaker. He rose to the status of superstar after the release of the iconic ‘Rocky’. He has also written and produced successful franchises like ‘Rocky’, ‘Rambo’ and ‘The Expendables’. 

Stallone became the third actor in the history of cinema to be nominated for two Academy Awards for Best Original Screenplay and Best Actor in 1997. He also has a star on the Hollywood Walk of Fame to his name along with a Golden Globe for Best Supporting Actor – Motion Picture for the movie ‘Creed’. 

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Sylvester Stallone Net Worth

Sylvester Stallone Net Worth in 2022
Sylvester Stallone Net Worth in 2022

The 77-year-old actor has a net worth of $400 million, according to Celebrity Net Worth. He became one of the highest-paid stars of the 1980s and 90s after starring in and writing several successful films. The actor accepted a cut-rate salary of $23,000 for his film ‘Rocky’ while the movie went on to earn $225 million with a budget of just $1 million bringing in huge profits for the artists involved including Stallone. He earned massive amounts of money for his various projects like $3.5 million for ‘First Blood’, $4 million for ‘Rhinestone’ and $12 million for ‘Over the Top’

Movies aren’t the only source of income for Stallone. He formed Balboa Productions, a film production studio in March 2018 with Braden Aftergood. The studio has production credits for movies like ‘Creed II’, ‘Rambo V’ and ‘The Expendables 4’. Stallone has also sung on soundtracks for several movies like “Gonna Fly Now” theme for the first ‘Rocky’ film and “Take Me Back” for ‘Rocky IV’ along with a few duets with Dolly Parton for their movie ‘Rhinestone’. He is also a boxing promoter and runs a company called Tiger Eye Productions. 

Currently, he is a proud owner of a Beverly Hills mansion within 8.6 acres of land and located in California along with another mansion in Palm Beach, Florida which he bought in 2020. He is also passionate about cars and has been spotted in luxurious models like Chevrolet Camaro, 1932 HighBoy, Chevrolet C3 Corvette, and Ford Mustang GT Custom among many others. It seems like Sylvester likes to reap the fruits of his years of hard work by living an indulgent and lavish lifestyle.

In case you missed: Why Sylvester Stallone Is Not In ‘Creed 3’

Sylvester Stallone: Career and Personal Life

Sylvester Stallone at the Golden Globe Awards in 2015
Sylvester Stallone at the Golden Globe Awards in 2015

Michael Sylvester Gardenzio Stallone was born on July 6, 1946, in the Hell’s Kitchen neighborhood of Manhattan, New York City to Francesco Stallone Sr. and Jacqueline Stallone. He used the stage name Mike Stallone until 1969 and in 1970 started using the stage name, Sylvester E. Stallone. Soon thereafter he moved to New York City with the motive of advancing his acting career and in 1972, he was all ready to give up when he tried and failed to get a job as an extra in ‘The Godfather’. He got his proper acting role around mid-1973 starring in ‘No Place to Hide’. From there he went on to work in the superhit sports drama ‘Rocky’ which made him a household name and in 1982, he starred in another box office and critical hit ‘Rambo: First Blood’ which went on to become a franchise. 

When it comes to his personal life, Stallone has been married three times and has two sons, Sage Moonblood Stallone who died of heart disease, and Seargeoh Stallone with his first wife Sasha Cazck along with three daughters. He then tied the knot with model and actress Brigitte Nielsen on December 15, 1985, but their marriage lasted for just two years and the subsequent divorce was widely covered by media houses. He got married for the third time to Jennifer Flavin even though the couple faced a few bumps on the road as he left Flavin for Janice Dickinson and was briefly engaged to model Angie Everhart before ultimately going back to Jennifer. 

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