Burt Young passed away at the age of 83 on October 8, 2023. The cause of his death is still unknown to the public, but his daughter Anne Morea Steingieser has disclosed that he died in Los Angeles. He was an incredible actor with insane levels of versatility, and people loved him all over the world.
Burt, whose real name is Gerald Tommaso DeLouise, was born on April 30, 1940, in Queens, New York. He started his acting career in the late 1960s. It wasn’t until he crossed paths with Sylvester Stallone that his life took an extraordinary turn. In 1976, Burt Young took on the role of Paulie Pennino, the brother-in-law of Rocky Balboa, in the legendary film ‘Rocky’. This was the turning point in Young’s career.
Burt Young, the actor best known for his Oscar-nominated performance as Sylvester Stallone’s sidekick in “Rocky,” has reportedly died. He was 83-years-old 🙏 pic.twitter.com/uVcjesd1Tu
— Daily Loud (@DailyLoud) October 19, 2023
Despite Burt’s iconic role in Rocky, his net worth was not as substantial as one might expect. Burt Young’s net worth is estimated to be $2 million. For his role in the first installment of the film Rocky, he was nominated for an Academy Award for Best Supporting Actor.
One of the reasons for his net worth not being that high could be that he invested a lot in real estate. Over the years, there were a lot of fluctuations in the market, due to which Burt might have suffered some losses. Despite financial constraints, Burt was known for his philanthropic endeavors. He supported various charities and causes, which showed his commitment to making the world a better place.
Apart from his acting career, Burt Young was an accomplished painter and artist. His passion for art was another dimension of his life that added to his joyful experiences.
Burt Young’s Earnings From Sylvester Stallone’s ‘Rocky’
A significant portion of Burt’s net worth of $2 million can be attributed to his involvement in the ‘Rocky’ franchise. The initial Rocky film was a blockbuster hit, grossing over $225 million in the world. Even its sequels continued to perform well at the box office. While Burt’s compensation for the first film might not have been substantial, he earned a lot from the subsequent Rocky films.
Burt Young was part of the following ‘Rocky’ sequels: ‘Rocky II’ (1979), ‘Rocky III’ (1982), ‘Rocky IV’ (1985), ‘Rocky V’ (1990), ‘Rocky Balboa’ (2006), and ‘Creed’ (2015). This continual connection to the ‘Rocky’ franchise played a significant role in his achievements and financial success in his career.
Burt Young had a wonderful life, as he experienced a lot of success and joy in doing what he loved the most. Furthermore, he was not just a good actor; he loved to paint. His versatility as an actor to perform in various genres and media, as well as his presence on both the big and small screens, solidified his place as one of the great actors in the entertainment industry.