Rocky Riches: Here's How Sylvester Stallone Earns And Spends His $400 Million Fortune
American actor and filmmaker Sylvester Enzio Stallone has accumulated a massive net worth of $400 million through the course of his career. Initially, the actor had a hard in life since he has spent years of waiting for his career to take off while struggling in New York City in 1969.
Thankfully he was able to star in some of the films as time went by and finally materialized the greatest critical and commercial success as an actor and screenwriter for Stallone, Rocky Balboa.
Since then, he has been actively making films in Hollywood and was even named the highest paid actor at one point. Take a look at how the actor earns and spends his $400 million fortune.
8 Earns: Acting Career
Majority of Rambo’s wealth came from his acting career. According to Celebrity Net Worth, the actor has earned about $300 million from his salaries alone between 1970s and 2012 alone. Through the course of the actor’s career, he was paid about $35,000 up to $20 million per film since 1970s. At one point in his life, the actor was even named the highest-paid actor in Hollywood.
It was reported that he earned millions from the Rocky franchise. The action star earned a solid $75,000 pay from the Rocky II. His pay gradually increased until he reached about $15 million salary for the Rocky V.
7 Spends: Charity And Causes
Just like any other celebrities, Sylvestre Stallone has a heart of gold. The star of Rocky is pretty generous when it comes to donations. Aside from the money coming from his own pocket, he is also actively doing donation drives and campaigns such as auctioning off his precious items to add more fund to his causes. When he does this, he raises multimillion dollars which is quite impressive.
Just like how he sold about 1,400 items of his personal belongings like props, costumes, and other movie memorabilia at auctions. The proceeds from the auction were donated to the U.S. veterans and wounded servicemen.
6 Earns: Endorsement Deals
Since he’s among the most famous stars in Hollywood, he was able to close some pretty endorsement deals contract that is worth millions. The most known endorsement of the American action star includes Warburtons, and Stallone High Protein Pudding.
The said pudding is not any pudding, but rather a protein source for those who wanted to increase their muscles as well as the weightlifters.
5 Spends: Massive Car Collection
The actor has a fairly impressive car collection. He has a massive car collection including Bugatti Veyron, Bentley Continental GTC, Ferrari 599 GTB Fiorano, 1932 Highboy Hot Rod, Custom Ford Mustang GT, Chevrolet Corvette C8 Convertible, Rolls-Royce Phantom, Porsche Panamera and more.
One of the most expensive cars on his collection is the $1.7 million supercar Bugatti Veyron. The said car has an enormous engine that has 1,200 horsepower and can reach 60mph in just 2.5 seconds.
4 Earns: His Own Production Company
Sylvester Stallone is also a business minded person. The actor founded the American film and television production company called Balboa Productions in 2018. The said production outfit was obviously named after his famed character Rocky Balboa from the Rocky franchise.
Since the production company was founded, they have produced pretty intensive movies despite only starting in 2018. The titles they produced include Tulsa King, Samaritan, Rambo: Last Blood, The Gangster, the Cop, the Devil, MVP, Hunter, The Making of Rocky Vs. Drago, and a lot more.
3 Spends: Massive Real Estate Property
Sylvester Stallone owns numerous properties across the country, located in some of the most affluent neighborhoods. In 2020 alone, he purchased a 13,241 sqft mansion located in the Palm Beach that costs him $35.38 million. Although he owns a lot of properties, he sometimes ditches some of them. He sold off his longtime residence located in La Quinta, California in 2020 for about $3.35 million.
He also sold one of his biggest real estate properties in his portfolio to the British singer Adele. The singer bought the Beverly Park mansion for $58 million. The mega-mansion sits on a massive 3.5 acres of land that has the stunning views of the city.
2 Earns: Clothing Line
The actor star believes that when it comes to men’s clothing, he knows what they want when it comes to fashion since he’s been one all his life. Stallone who’s known for his T-shirts, sweat suits and camouflage gears for his prominent roles Rocky and Rambo, has created his own clothing line that would cater to men’s lifestyle brand that was launched in 2012.
The 76-year-old actor thought that clothing is the first step when it comes to building character. He wanted to help out fellow men by offering more options for their wardrobe.
1 Spends: Timeless Pieces
The actor has a quite expansive watch collection as well. He has a massive collection of timeless pieces including expensive Rolex and an equally expensive Panerai. Some of his Rolex watches costs around $10,000, although this does not sound expensive for someone who has a net worth of $400 million, it’s something that can exude his stunning looks on the red carpet.
As one of the loyal customers of the brand Panerai, the actor has brought back the brand to life when people spotted him wearing some Panerai watches in public and in some of his movies.
Sources: Bleacher Report, Parade, IMDB
from TheRichest - Feed https://ift.tt/YA7peLG
Post a Comment