In Jennifer Flavin’s Aug. 19petition for divorcefrom her husband of 25 yearsSylvester Stallone, she alleges the 76-year-oldRockyactor “has engaged in the intentional dissipation, depletion and/or waste of marital assets which has had an adverse economic impact on the marital estate.”
A rep for Stallone has not responded to a request for comment on Flavin’s claims. Stallone said in a statement on Wednesday: “I love my family. We are amicably and privatelyaddressing these personal issues.”
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Flavin, who said in her divorce filing that the pair also own another unspecified California residence, is asking for “exclusive use and occupancy of the marital residence,” stating that arrangement “is in the best interest of both parties.”
Just six months ago, they sold their 21,000 sq.ft. estate in L.A.’s exclusive Beverly Park gated community — whichaccording totheLos Angeles Timeshas eight bedrooms, two bathrooms and a two-story foyer — after slashing the $80 million price tag. The buyer (none other than Adele) still paid a whopping $58 million for the home.
Sylvester Stallone and Jennifer Flavin.Stefanie Keenan/Getty
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Aside from their properties, both Stallone, a longtime producer and director as well as actor, and Flavin, an entrepreneur and former model, have thriving careers which earn them big bucks.
The star of huge blockbusters likeRockyandCliffhangerhas been pulling in multi-million paychecks for decades. According toThe New York Times, he earned $3.5 million for the initialRambomovie,First Blood, which was released 40 years ago. His asking price has gone up considerably since, and he served as a producer on hits like 2015’sCreed. His new filmSamaritanis out Friday.
For her part, Flavin, who founded Serious Skincare in 1995, has found success in the beauty business. In 2019, her line of products, which have been sold on HSN and Evine Live, passed $2 billion in sales since first coming on the market, according to a press release from Evine.
In an exclusive statement, Flavintold PEOPLE Wednesday, “I’m sad to announce that after 25 years of marriage I have filed for divorce from my husband Sylvester Stallone. While we will no longer be married, I will always cherish the more than 30-year relationship that we shared, and I know we are both committed to our beautiful daughters. I ask for privacy for our family as we amicably move forward.”
source: people.com
