Sylvester Stallone, 77, shows off his lavish palace in Palm Beach for $85M – the huge fortune he left to his three beautiful daughters
|The Italian Stallion
According to the Miami Hurricane, there were several urban legends about Stallone’s time at Miami University and why he didn’t graduate, despite being just three credits shy of a diploma. They include Stallone bringing a fake bazооka to class, beating up teachers to train for “Rocky” and making a pоrnоgraphic film on campus.
Stallone did film a softcore skin flick, but he made the film, “The Party at Kitty and Stud’s,” in 1970 while he was in New York City. It was later retitled “The Italian Stallion” after Stallone found success with “Rocky.” At the time, Stallone was broke and sleeping in a bus station.
“It was either do that movie or rоb someone because I was at the end — at the very end — of my rope,” he told Playboy in 1978, as recounted in Rolling Stone. “Instead of doing something desperate, I worked two days for $200 and got myself out of the bus station.”
It also wasn’t really X-rаted.
From Bullied Kid to Action Hero
When Stallone was delivered at birth on July 6, 1946, doctors misused forceps on the newborn and severed a nerve, causing partial facial paralysis and left him with slurred speech.
His childhood was an unhappy one. His parents divorced when he was young, and he spent some time living in foster care. But he was ambitious and determined to make a life in movies work. Bullying and a turbulent home life caused behavioral problems. By the age of 12, he had been kicked out of 13 schools and turned to bodybuilding at age 15.
After moving to New York, he found a small, unsustainable amount of work as an extra and a few starring roles in small movies, like “The Lords of Flatbush” and “Deаth Race 2000.”
Of course, all of that changed with “Rocky.”
The Kitchen
The estate’s main house has a large kitchen, with wide plank hardwood flooring, stainless steel appliances, a double-wide fridge and an expansive stove.
The Dining Room
Stallone bought the home from Ronald G. and Cindy McMackin, owners of Pan-Pacific Mechanical, a California-based construction company.
The McMackins built the home in 2014 and listed it for $37.85 million in 2020.
Stallone never would have been able to afford the home if it weren’t for “Rocky” and a story about $18,000.
Turning $18,000 Into an Empire
Everyone knows the underdog story of “Rocky.” And a lot of people know the rags-to-riches story about how “Rocky” was made, with film studios trying to buy Stallone’s picture from him so they wouldn’t have to cast the unknown actor.
According to legend, United Artists lowballed Stallone with an $18,000 offer after he refused to sell the script or let someone else star in the picture. Even though he was so broke he allegedly sold his dog for $50, Stallone accepted the offer but also retained a 10 percent ownership in the movie.
But what if it was all just marketing?
Yo, Check Out the Living Room!
According to a 2006 article by former a former Hollywood Reporter editor that cites several United Artists executives, the story about the studio not wanting Stallone in the movie and lowballing him with $18,000 was pure marketing and the press ate it up.
“I don’t have to tell you how the press feeds on the underdog story,” said Gabe Sumner, then head of marketing at United Artists. “It filled up space on entertainment pages, and in columns looking for something for the next day. They ate up the idea that this actor loved his work so much, and was willing to sell it for a nickel and a dime in order to make it, blah, blah, blah. It all became part of the underdog fabric that brought people in. Period. They just totally bought into it.”
Stallone’s people said they stand by Stallone’s version of events. We can’t sаy for certain which one is real, but the story behind “Rocky” absolutely contributed to its legendary status.
Watch the Pool from the Living Room
Why put on “Demolition Man” again when you can watch your pool from the comfort of your living room? We’re sure that’s just a photoshop or a blown-up listing photo on the TV, though.
The living room features floor-to-ceiling windows and French doors that open up to palm trees and manicured grounds.
The Office
The entire Bermuda-style house has been decorated with a mix of modern and midcentury modern furniture.
The master Bedroom
The master bedroom is very large. French doors open up to a balcony overlooking the water, while two S-shaped sculptures hang from the plank board ceiling.
Waterfront Living
The estate sits on 250 feet of beachfront on the bulkhead-lined Lake Worth Lagoon, that body of water where everyone in Palm Beach seems to want to live.
Stallone’s house is near the inlet, just a short boat ride away from Peanut Island Park.
The Master Bathroom
When Stallone is done after a rough day on the job — the actor performs many of his own stunts — he can soak his sores in this large freestanding tub, and enjoy the views.