Sylvester Stallone’s Net Worth

Sylvester Stallone’s net worth is $400 million.

Sylvester Stallone, born on July 6, 1946, is a renowned American actor and filmmaker. In 1969, he began his acting career in New York City and later in Hollywood. After struggling in the industry, he received his first notable role as Stanley Rosiello in “The Lords of Flatbush.” Stallone played various extra and supporting roles in movies with big budgets until 1976, when he became an actor and screenwriter with the successful “Rocky” series.

He wrote and starred in the series and played Rocky Balboa. These movies showed Rocky as an underdog boxer who beat tough opponents and won the world heavyweight championship twice. In 1977, Sylvester Stallone made history by becoming the third actor to receive dual Academy Award nominations, one for Best Original Screenplay and the other for Best Actor, owing to his performance in the film Rocky.”

The Smithsonian Museum showcased the props from this film after it was included in the National Film Registry. The Rocky series' use of the Philadelphia Museum of Art's front entrance by Sylvester Stallone earned the location a renowned name as the Rocky Steps, complete with a statue of the character permanently situated close to the museum. His contributions to boxing and film earned him a spot in the prestigious International Boxing Hall of Fame.

Stallone became one of Hollywood’s highest-paid actors during the 1980s and late 1990s. He appeared in many action-packed movies, but not all of them were well-liked by critics. The films he portrayed included “First Blood,” in which he played the soldier John Rambo, who was suffering from post-traumatic stress disorder.

From 1982 to 2019, five Rambo movies were made, including “Cobra,” “Tango and Cash,” “Cliffhanger,” and “Demolition Man.” Even though he lost popularity in the early 2000s, he made a big comeback with the sixth Rocky movie in 2006 and the fourth Rambo movie in 2008.

Additionally, Stallone has taken on the role of Barney Ross in the Expendables film series (2010–present). His career revival continued with the film “Creed” in 2015, where he portrayed the retired Rocky mentoring Apollo Creeds son, resulting in numerous accolades and award nominations.

Since 2022, he has been working on the television series “Tulsa King” for Paramount+. Stallone and Harrison Ford are the only actors in American cinema history to have led box-office number-one films across six consecutive decades.

Personal Information

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Net Worth in 2023

Sylvester Stallone has an estimated net worth of $400 million. He became one of the highest-paid actors of the 80s and 90s because of the 1976 film Rocky, which made him famous. Rocky, Rambo, and The Expendables series are some of his major franchise movies that he has produced and written.

He earned $300 million in salary from the movies between the 1970s and the 2010s. His movies have made over $4 billion at the box office. Stallone pressured the producers to star in his own written film Rocky, accepting a cut salary of $23,000. The film was made on a budget of $1 million and went on to earn $225 million.

Sources of Income

Acting and Screenwriting

Sylvester Stallone's journey in the film industry is of massive success. He is famous for writing the screenplay for “Rocky” in just three days, a script that garnered interest from various studios.

While United Artists was initially interested, they thought about casting other actors, like Robert Redford or James Caan, for the lead role. But Stallone wanted to be in the movie and worked hard to get it. Eventually, he got the job and took a small salary of $23,000, which is about $110,000 today. Rocky was a giant success and made $225 million with only a $1 million budget.

As his career went on, Stallone’s earnings went up a lot. His earnings for “First Blood” were $3.5 million in 1982. The year after, he made $10 million (around $25 million when adjusted for inflation) from his movie “Staying Alive.” He also got his first Producer credit for the movie. He continued to receive additional producer credits for films like “Rhinestone” and “Rocky IV,” for which he earned $4 million and $12 million, respectively. Stallone earned $15-20 million for movies including "Lock Up,” "Tango & Cash,” “Demolition Man," “The Specialist," and both “The Expendables” installments.

By the time 2012 came around, Sylvester Stallone had made $300 million in base film salaries alone. This is about $500 million in today's dollars. His success in the movie business and his ability to get big paychecks for his roles have proven that he is a leading figure in Hollywood. Stallone’s has also worked on television, with roles in the series “Tulsa King,” which has added to his income as well, among numerous other appearances.

Production

Stallone has been involved in film production, as an executive producer or producer, in addition to acting and writing. He has been able to take part in the financial success of the films he has been a part of.

In March 2018, Stallone and Braden Aftergood started Balboa Productions, a film production studio. Some of the studio's hit films include “Creed II,” “Rambo V,” and “The Expendables 4.” Balboa Productions is working on a movie about the life of Jack “Galveston Giant” Johnson, the first African-American heavyweight boxing champion. Stallone also has a role in boxing promotion through his company, “Tiger Eye Productions.”

Music

Stallone's artistic talents go beyond acting and into music. He's made music for movies like “Gonna Fly Now” for the original “Rocky” and “Take Me Back” in “Rocky IV. “ He also worked with Dolly Parton on songs for their 1984 movie, “Rhinestone. “

Franchise Ownership

Stallone’s ownership of franchises like “Rocky” and “Rambo” has given him a steady income from merchandise, licensing, and future film projects.

Endorsements and Brand Collaborations

Stallone has been involved in endorsements and collaborations with various brands, which have also added to his income.

Business Ventures

Stallone has been involved in business ventures, such as owning a restaurant, Planet Hollywood, and fitness-related businesses. These ventures have also generated additional income.

Royalties

Stallone continues to receive royalties from his films and other projects, including television broadcasts, streaming services, and syndication.

Expenses

Sylvester Stallone’s real estate ventures have been successful over the years. In 1999, he sold a house in Coconut Grove, Florida, for $16 million. For decades, his primary residence was a lavish mansion in the prestigious gated community of Beverly Park in Beverly Hills. A 3.5 acres property that featured a 20,000 square-foot home. In January 2021, he listed this opulent property for an astounding $130 million, however, later, he lowered the price to $85 million in August 2021.

In December 2021, Adele offered him $58 million for a home in Beverly Park. This was the highest price ever paid for a home in the area. Stallone, in addition to his Beverly Hills property, pursued other real estate ventures.

In January 2010, he and his wife Jennifer Flavin bought a house in La Quinta, California, for $4.5 million. They later sold it for $3.1 million in May 2020. In December 2020, Stallone bought a 1.5-acre property in Palm Beach, Florida for $35.4 million.

In February 2022, he also acquired a 2.26-acre estate in Hidden Hills, California, for $18.2 million. However, this property was criticized in August 2022 for excessive water usage, exceeding their monthly allocation due to the maintenance of more than 500 mature trees.

In December 2022, Sylvester listed this Hidden Hills estate for sale for $22.5 million. Ultimately, he sold it to musician John Fogerty for $17 million in October 2023, resulting in a loss of $1.2 million compared to his purchase price.