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What Is Bill Cosby’s Net Worth?
Comic and television personality Bill Cosby is from the United States. Bill Cosby has a net worth of $400 million as of this writing. “The Cosby Show” is the show he is best known for developing and starring in.
When he was at his peak, he was the highest-paid TV actor in the world. His base compensation for the show was $1 million per episode, but he made $4 million per episode in total from producing, creator, syndication, and other sources of income, all of which were added together.
If that were still the case, each episode would bring in an estimated $8 million in revenue. After decades of syndication royalties, his 20 percent stake in the show’s stock garnered hundreds of millions, but those revenues have since dried up in the wake of his scandals.
As a result of those revenues, Cosby was able to invest in an exceedingly wealthy real estate portfolio and an impressive art collection. The art collection and real estate holdings of Bill Cosby might be valued upwards of $250 million if current market rates hold.
Uncertainty surrounds his wealth’s long-term viability. By spending millions of dollars to defend himself in court, Cosby could be liable for millions of dollars in damages.
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Early Life
Bill Cosby was born on July 12th, 1937 in Philadelphia, Pennsylvania. He is the son of Anna Pearl and William Henry Cosby Sr. and is one of four children. At Philadelphia’s Mary Channing Wister Public School, Cosby served as class president. He has a reputation for being a class clown because of this. After finishing ninth grade at Germantown High School, he dropped out.
In 1956, Cosby enlisted in the Navy at the age of 15 and dropped out of high school. He was a physical therapist who worked with Korean War veterans in the Navy and Marine Corps. It was later revealed that Cosby received his diploma from the University of Massachusetts Amherst and went on to acquire a Ph.D. in education. Besides, he worked as a bartender at nightclubs, earning good money by making people laugh. The stage became his exclusive preoccupation.
Standup Comedy Career
In 1961, Cosby made his stand-up debut at the Gaslight Cafe in New York City. He continued to perform stand-up in Chicago, Las Vegas, San Francisco, and Washington, D.C., as well as on tour. A run of popular comedy albums in the 1960s resulted from his national exposure on The Tonight Show in 1963. When Bill Cosby’s debut album, Bill Cosby Is a Very Funny Fellow…Right! came out in 1964, it was a huge deal.
Between 1965 and 1987, Cosby received seven Grammy Awards for Best Comedy Performance. In Spin magazine’s ranking of the 40 Greatest Comedy Albums of All Time, his album To Russell, My Brother, Whom I Slept With came up on top. Cosby became famous by telling anecdotes about his upbringing. The Dick Van Dyke Show and the action series I Spy saw him win three straight Emmy Awards for his stand-up work, and he went on to star in those shows as well.
Bill Cosby’s net worth was 400-million dollars when he went to jail. I was on FB then and said I doubt if a predator worth nearly a half-billion dollars would do a long sentence. This dude is free. Money never fails to talk. SMH! https://t.co/hnEz8ws3es
— 𝔾𝕖𝕖-𝕄𝕖𝕝𝕝𝕠𝕨 (@SubZeroPoet) June 30, 2021
Early Career
Bill had several other television projects in the works when he started The Cosby Show. On The Tonight Show, he was a frequent guest presenter, and he hosted and performed in an annual NBC special. He appeared on The Bill Cosby Show for two seasons, beginning in 1969. Bill played a PE instructor at a Los Angeles high school in this early edition of The Cosby Show.
Only a small number of critics gave the show a favorable review. By not using a laugh track, Cosby conflicted with the network. Rather than relying on prompts, he argued that viewers were capable of finding humor on their own. Fat Albert and the Cosby Kids was a Saturday morning cartoon hosted, produced, and developed by Bill Cosby from 1972 until 1979. Bill drew inspiration from his formative years. The production was a huge hit.
The Cosby Show
The Cosby Show was one of the most popular sitcoms of all time when it debuted in the 1980s. Cosby co-produced and starred in the series, and he had a significant amount of creative control over it. He was involved in every area of The Cosby Show’s production. The main characters Cliff and Clair Huxtable, parents of five children, were both college-educated and financially wealthy, just like Bill and Clair Cosby in real life. And the similarities didn’t end there. During its five-year run, which spanned September 1984 to September 1992, the show remained at the top of the Nielsen ratings, making it one of only two such examples.
Life After The Cosby Show
It was during this period that Cosby returned to his stand-up roots, hosting series like Kids Say the Darndest Things and various game shows. His second sitcom aired from 1996 through 2000. Jell-O, Kodak, Ford, and Coca-Cola were just a few of the businesses he represented. In November 2013, Bill delivered his first stand-up special in more than 30 years, Far From Finished, on Comedy Central. He went on tour with the show and finished it up in Atlanta, Georgia, in May of this year. A stand-up performance in Philadelphia on January 23, 2018, was Cosby’s last known appearance before his death.
Personal Life
Cosby and Camille have been married since 1964 and have five children together. In January 1997, when he was repairing a flat tire on the side of the interstate, his son Ennis, then 27, was shot and killed in an attempted robbery. In February of this year, their daughter Ensa died of renal illness as she awaited a transplant. At the end of last year, his legal team claimed that Cosby is now blind.
Sexual Assault Convictions
Several women have accused Bill Cosby of rape, sexual assault, sexual abuse of children, and sexual battery since 2000. Assaults allegedly began in the mid-’60s, according to his accusers. According to Cosby, all of the occurrences were mutually agreed upon. In most cases, his accusers’ claims of wrongdoing fell outside the statute of limitations for legal action. After the charges surfaced, nearly everyone associated with the Cosby name cut all relations with the former comedian.
The Cosby Show and other Bill Cosby-related shows were taken off the air in syndication. In 2015, eight legal claims were filed against Cosby, which subsequently grew to 33. Bill Cosby was convicted guilty of three counts of aggravated sexual assault by a Pennsylvania jury on April 26, 2018. After a trial, he was found guilty and was sentenced to three to ten years in a state prison in September 2018. In January 2019, he was transferred from administrative segregation to the general prison population at SCI Phoenix in Pennsylvania. Cosby’s appeal to overturn his conviction was unsuccessful in December 2019.
Net Worth Details
He was already one of the world’s highest-paid superstars when he started The Cosby Show. And it got to the point where he rejected a five-year, $3.5 million contract (equal to $25 million today) when his album contract ran out in 1968 so that he could open up a production firm of his own. He began releasing his comedy CDs and would go on to establish the television series Fat Albert and The Bill Cosby Show (not to be confused with the sitcom of the 80s).
The long-running success of The Cosby Show was what made Bill one of the richest persons in the entertainment world. From 1984 through 1992, the show was on the air. On top of that, he was making $4 million every episode at the height of the show, which is the equivalent of $8 million today. Over the past two decades, syndication has brought in more than $1.5 billion for the show. From syndication partnerships alone, Bill has made at least $300 million from the show’s profits.
Aside from sponsorships (most notably for Jell-O), movie appearances, live comedy acts, and other (less successful) TV series, Bill has made tens of millions of dollars. Throughout 100 shows in 2014, he earned $11 million.
Real Estate
Bill’s real estate holdings are valued at more than 100 million dollars. Both in Pennsylvania and Beverly Hills, he has substantial estates. Based on comparable transactions, his Beverly Hills mansion might be worth up to $60 million. About $80 million is a more realistic estimate.
Art Collection
“The most significant art collection in the hands of an African American family” belongs to Bill and Camille. As early as the 1960s, Bill began collecting works by artists like Thomas Hart Benton, Rembrandt, Renoir, and Matisse. The value of their paintings alone might well be in the $150 million range.
Bill Cosby
| Net Worth: | $400 Million |
| Date of Birth: | Jul 12, 1937 (84 years old) |
| Gender: | Male |
| Height: | 6 ft (1.85 m) |
| Profession: | Actor, Comedian, Author, Screenwriter, Television producer, Film Producer, Educator, Activist, Musician, Voice Actor |
| Nationality: | United States of America |
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