Net Worth

Sylvester Stallone Explains Beginning of Clash with Arnold Schwarzenegger

Arnold Schwarzenegger almost had a knockout effect on Sylvester Stallone’s booming career in the 1990s, the 76-year-old actor said.

The action star elaborated on his previous lengthy clash with Schwarzenegger in the industry. It first started when Stallone accused Schwarzenegger of deceiving him into playing a role with Estelle Getty in the widely criticized 1992 comedy, Stop! Or My Mom Will Shoot

“We couldn’t stand to be in the same galaxy together for a while,” Stallone stated. He recently appeared on Friday in the UK’s long standing ITV talk series The Jonathan Ross Show. “We truly, truly loathed each other.” 

He added: “He’s quite clever. He goes around town saying, ‘I can’t wait to do this film.’ I got to my agent, ‘Get that thing away from him. Get people options on me.’ I got it, and I said, ‘What a piece of s— this is.’ He goes, ‘Ha ha ha!’ At least I wasn’t pregnant in a film, Arnold. We’re even.” 

During another interview on Fox & Friends, the star addressed the situation.

“Schwarzenegger tricked me to do that piece of junk,” Stallone stated of the film. “That’s one of those things that you go, ‘Why am I in this?’ There’s a scene they say, ‘Would you mind wearing diapers?’ I’m going to kill Arnold. I am going to find him and track him.” 

As many may remember, Stallone starred as a police sergeant whose pompous mother (Getty) interferes in his professional life.

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Prankster Schwarzengger

Additionally, he called his Hollywood rival a “prankster”, leading him to believe he “desperately” wanted to be involved with Stop!

“And I go, ‘Well, I’m not going to let that happen,’” Stallone stated. “So, I snatch it. I said, ‘I want this film desperately.’ And once I got it, I realized, ‘I’m in such a turkey, and it’s not even Thanksgiving – it’s not even Thanksgiving, folks.’” 

Although the film received harsh reviews from critics, it ultimately worked well for Stallone and Schwarzenegger. Stallone received his third Oscar nomination 24 years later for his contribution to Creed, a 2015 drama.

Schwarzenegger, meanwhile, won a seat in government in 2003, becoming California’s 38th governor.

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Stallone Start

The action star earned his first critical acclaim in The Lords of Flatbush as Stanley Rosiello. Afterward, he worked as an extra or side character in movies with a considerable budget until his limelight debut. 

In 1976, he started to gain traction as an actor and screenwriter with the character Rocky Balboa in the first installment of the highly acclaimed Rocky franchise. Additionally, he wrote the screenplay for the film series. 

A year later, Stallone became the third actor to earn a nomination for two Academy Awards for Best Original Screenplay and Best Actor. Furthermore, the National Film Registry inducted Rocky into its roster. The industry put the film’s props in the Smithsonian Museum. 

His face is very familiar to action movie enthusiasts as he starred in the Rambo film series. The first film, First Blood, earned him critical and commercial success. 

In the film, he played the soldier John Rambo, who faced challenges with PTSD after the war. 

From the beginning of his career until now, Stallone has proved to be one of the most esteemed action stars.

 

FTX King of Crypto Collapses in Eight Days

Sam Bankman-Fried went from being the “King of Cryptocurrency” to having his company file for bankruptcy and resigning as CEO in under eight days. 

In addition, he could face federal investigation over how he managed the company’s finances.

Extensive interviews with him have flooded the internet in recent years. In interviews she spoke in video chat from his desk in the Bahamas. Some of them contain an eerie clicking sound.

As the press listens intently to his incredible story of how he became a millionaire in just five years, the rattle of the entrepreneur’s mouse keeps repeating.

“Click, click, click,” it goes repeating outbursts while Bankman-Fried’s eyes stare at the screen.

His video doesn’t show what he does on his computer. But his tweet provides a clue.

“I’m (in) famous for playing League of Legends while on phone calls,” he said on Twitter in February 2021. 

Bankman-Fried is the former boss of the falling cryptocurrency exchange FTX. Moreover, he is a game enthusiast. He explained why in numerous tweets to his nearly one million followers.

Gaming was a way to free him from running two companies trading billions of dollars a day.

“Some people drink too much, some gamble. I play a League,” he stated. 

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FTX Investment Call

Another story resurfaced online this week that he’s been playing fantasy battles for teams, following news that his cryptocurrency empire had collapsed.

Per a blog post from venture capital firm Sequoia Capital, Bankman-Fried played a fierce League of Legends battle in a video call with their investment team. 

However, it didn’t appear to be an issue at all. The group invested $210 million in Bankman-Fried’s firm FTX. 

After the news broke, Sequoia Capital erased that blog post and said it is currently writing off its investment as a loss. 

But the firm doesn’t stand alone in this dilemma of heart-stopping investment loss since Bankman-Fried’s $32-billion empire fell down. FTX possessed approximately 1.2 million registered users who used the exchange to purchase cryptocurrency tokens like Bitcoin and more. 

Several FTX investors, from massive traders to daily crypto enthusiasts, wonder whether they’ll ever recover their savings from the exchange’s digital wallets. 

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Bankman-Fried Story

It’s a heart-stopping collapse. And the journey of Bankman-Fried to the top is also its own story of twists – risks, rewards, and beanbags. 

The multibillionaire attended the Massachusetts Institute of Technology (MIT), where he studied math and physics. The school is a distinguished US research university. 

However, the young, intelligent undergraduate states that the lessons acquired in the student forms contributed to his path to riches.

Bankman-Fried said in an interview with BBC radio last month that he recounted being dragged into the “effective altruism” movement. Effective Altruism is a group of individuals “trying to figure out what practical things you can do with your life to have as much positive impact as you can on the world,” he added. 

Therefore, he decided to dig into banking to make money and give it back in greater initiatives. 

Furthermore, he learned to trade stocks on temporary work at the trading company Jane Street in New York. After a while, he got bored and went on to experiment with Bitcoin. 

That’s where everything started.

 

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