After 25 years of marriage, Sylvester Stallone and Jennifer Flavin are divorcing. The latter has also accused Stallone of transferring assets from marital finances. Flavin stated the cause for their breakup in court records, but the public was skeptical after seeing the lack of Flavin’s tattoo on Stallone’s arm.
Meanwhile, Flavin wants full possession of their Palm Beach home while they finalize their divorce. Flavin also believes Stallone has concealed marital assets, as indicated in court documents:
“Based on knowledge and belief, the Husband has participated in the purposeful dissipation, depletion, and/or waste of marital assets, resulting in a negative economic effect on the marital estate.” According to Florida Statutes Section 61.075, equity requires that the Wife be paid and made whole by obtaining an uneven distribution of marital assets in her favor. Furthermore, the Husband should be barred from selling, transferring, assigning, encumbering, or dissipating any assets while the proceedings are pending.”
Jennifer also indicated her desire to reclaim her surname Flavin and requested that the court prevent Stallone from transferring assets. Sylvester Stallone married Jennifer Flavin in May 1997 and they have three kids, Sophia, Sistine, and Scarlet. Sistine is a well-known actress that appears in 47 Meters Down Uncaged, a 2019 survival horror thriller. The other two girls’ occupations are unknown.
Just heard Sylvester Stallone’s wife filed for divorce. Guess she got tired of his MAGA loving ways 🤣🤣🤣🤣
— Nicole 🌻 (@nmo941) August 24, 2022
Sylvester Stallone’s Net worth
Sylvester Stallone began his career as a struggling actor, working as an extra in various films. He rose to prominence after being cast as Rocky Balboa in the Rocky series, where he depicted an underdog boxer who defeated ruthless opponents to win the world heavyweight title. CelebrityNetWorth estimates the 76-year-net old’s worth to be about $400 million as of 2022. He has amassed a substantial fortune as an actor, director, producer, and voice actor.
Stallone sold the Coconut Grove home for $16 million in 1999 and now lives in a Beverly Hills mansion. The home is 20,000 square feet in size and sits on 3.5 acres of land. Stallone advertised the mansion for $130 million in January 2021. In August 2021, the price was decreased to $85 million. Adele paid $58 million for the mansion in December of the same year. In 2010, Stallone and his wife Jennifer bought $4.5 million for a vacation home in La Quinta, California, which they attempted to sell in 2014. After repeated efforts, they finally sold the home in May 2020 for $3.1 million. In the same year, he paid $35.4 million for a 1.5-acre property in Palm Beach, California, and in February of this year, he paid $18.2 million for another mansion in Hidden Hills, California.
Jennifer Flavin’s net worth
Jennifer Flavin is a well-known businesswoman and entrepreneur. At the beginning of her career, she was a popular model. According to CelebrityNetWorth, the 54-year-net old’s worth is about $10 million as of December 2022. Although precise information on her assets is unavailable, she has amassed a substantial fortune via her many endeavors and companies.
Flavin began modeling at the age of 19 and signed with the Elite Modeling Agency. She has been on programs such as Good Day Live, American Gladiator, The Contender, and others. She also had a brief part in Rocky V, the fifth edition of the Rocky series. Jennifer is the co-owner of Serious Skin Care, a firm that sells beauty treatments and cosmetics via the home shopping network ShopHQ.