At his peak, Sylvester Stallone dominated the Hollywood business for a considerable amount of time. With many blockbusters to his credit, Stallone will have amassed a net worth of hundreds of millions of dollars by the time his career is through. Although the Rambo actor has a reputation for being quite the playboy, his great success and respect in the franchise overcame this flaw.
Sylvester Stallone was recognized as one of the finest performers of our time and had one of the most successful acting careers in the series. Recently, one of the most famous singers of our generation, Adele has recently bought his mansion at a hefty price, but it came with a catch.
Also read: “I am not the richest, smartest or most talented”: Sylvester Stallone Broke Silence on Being Broke
Adele Buys Sylvester Stallone’s Mansion For $58 Million
Adele seems to be making some significant real estate investments as of January 2022. The British singer bought Stallone’s Beverly Park mansion, which she previously showed on Instagram. Recent photos show Sylvester Stallone’s mansion being demolished for repairs after Adele bought it. The 35-year-old hitmaker appears to be undertaking a significant makeover project to bring the property more to her liking.
The Rocky actor recently shared with The Wall Street Journal that he sold the mansion to Adele for a whopping $58 million. One of the primary features of the house was the Rocky Balboa statue which he wanted to keep but Adele especially wanted that piece of art. She claimed that the house would not feel like home without the statue. Moreover, according to Adele, if she did not get to keep the statue, the deal would have been annulled.
Sylvester Stallone shared that he is very keen to know the final game plan of the singer and what she aims to do with the statue. Although he very much likes the idea of her renovating the whole mansion as she is making it more gorgeous. Nevertheless, although he is a bit sad about the statue as it was a memoir of his Rocky franchise, he is pretty satisfied with the agreement.
Sylvester Stallone’s Fatal Mistake Cost Him Rocky Balboa
With a number of films, most notably the Rocky franchise, which he created from scratch, Sylvester Stallone rose to fame. Stallone handled all aspects of the project, including the script, screenplay, and portraying the main character. All that was left to do was franchise the script, which United Artists subsequently agreed to do.
Despite United Artists’ original desire to cast a greater star than Sylvester Stallone, such as James Cann, who was already a well-known name in the business, they were forced to accept Stallone’s casting because it was his script.
Sylvester Stallone barely had $100 in his bank account when he signed the United Artists agreement to play the lead role in the first Rocky movie, but it ended up being a key mistake for his career. After Rocky and its sequels were a smashing success and the series grossed an astounding $2 billion.
But Stallone was only paid in tens of millions instead of hundreds of millions. It was because of the terrible contract he signed with United Artists, in which he forfeited the rights to licensing and franchising in exchange for a meager share of the film’s earnings.
Source: The Wall Street Journal
