Sylvester Stallone’s wife; Jennifer Flavin, has filed for divorce in Palm Beach, Florida, after more than two decades of marriage.
The former couple, who have three daughters together, met in the ’80s at the peak of Stallone’s “Rocky” fame and married nine years later at the Dorchester Hotel in London in 1997 when she was 29 and he was 51 years old.
In a statement to Fox News Digital, Stallone said: “I love my family. We are amicably and privately addressing these personal issues.”
Four days later, Stallone covered a large tattoo of Flavin on his right bicep with an image of Butkus, his bullmastiff that appeared alongside him in the movie “Rocky.”
While Stallone had already earned millions by the time they tied the knot, Flavin was a model from the San Fernando Valley suburbs of Los Angeles. Since their nuptials, they’ve acquired massive amounts of money through his movies, businesses, and real estate transactions, with Stallone reportedly worth an estimated $400 million.
Divorce attorney Christopher Melcher, a partner of Walzer Melcher & Yodaexclusively told Fox News Digital that if the couple didn’t establish a prenuptial agreement prior to becoming husband and wife, Flavin could soon be an even wealthier woman.
“Sylvester was wealthy when they married, but amassed a fortune during their marriage,” Melcher said.
“If there is no premarital agreement, Jennifer should receive an enormous sum.”
Flavin noticeably filed the documents in Florida, where the estranged couple had spent a bulk of their time since purchasing a $35 million estate at the end of 2020.
The sprawling 13,241-square-foot mansion features seven bedrooms and 10 bathrooms with two guest houses situated across 250 feet of private water frontage.
Stallone and Flavin had a shared love for the South Florida area, and sold a nearby Coconut Grove home in 1999 for $16.2 million.
In court documents obtained by Entertainment Tonight, Flavin requested to remain in the Palm Beach home while the proceedings are ongoing.
Florida’s laws call for equitable distribution of marital assets and liabilities, which can be assumed to be divided down the middle in a 50-50 split.
But a judge will be the deciding factor on who receives what in the divorce after reviewing relevant factors, including how long the couple was married, monetary contributions, liabilities and if any inappropriate conduct was involved in the decision to end the union.