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Bill Cosby Net Worth: $400 Million
Age: 84 Years
Bill Cosby is a comedian, television performer, and producer from the United States. Bill Cosby’s net worth is $400 million as of this writing. “The Cosby Show,” which he created and starred in, is his most well-known work. In this post, we will cover Bill Cosby Net Worth along with various aspects of his life.
He was the highest-paid television actor in the world at the time of the show’s peak. His base compensation for the show was $1 million every episode, but he earned $4 million per episode after factoring in his producing, creator, syndication, and other income streams. That works out to about $8 million each episode nowadays. He owned 20% of the show’s equity, which resulted in hundreds of millions of dollars in syndication royalties over the years, however those earnings have essentially dried up in recent years as a result of his controversies.
In addition to royalties from other programmes and speaking engagement payments, Cosby invested in a highly significant real estate portfolio and art collection. The Cosby art collection and real estate portfolio might be valued more than $250 million at any given time, depending on their individual market valuations.
Bill Cosby’s Early Life
Bill Cosby was born on July 12, 1937, in Philadelphia, Pennsylvania, as William Henry Cosby Jr. His mother worked as a maid, and his father served in the US Navy as a mess steward. Cosby was the class clown as a teenager, but he was also the captain of the track and basketball teams. He also served as class president and performed in plays.
After failing the 10th grade, Cosby dropped out and went to work as an apprentice in a shoe repair company. He entered the Navy in 1956 and served as a Hospital Corpsman for four years while earning his high school equivalency credential through correspondence classes.
In 1961, Cosby received a track and field scholarship at Temple University, where he studied physical education and ran track while also playing fullback for the football team.
Cosby continued to hone his sense of humor as he moved through his studies at Temple; he laughed with fellow enlistees in the military and subsequently with college pals. He became more aware of his capacity to make people laugh when he began bartending at a Philadelphia club to gain money, and he would entertain his customers with humor.
Bill Cosby’s Personal Life
Since 1964, Cosby has been married to Camille, with whom he has five children.
Ennis, their 27-year-old son, was killed in an attempted robbery while repairing a flat tyre on the side of the interstate in January 1997. Ensa, their daughter, died of renal illness in February 2018 while awaiting a kidney transplant. Cosby’s lawyers revealed in 2016 that he is now legally blind.
Bill Cosby Comedy Career
In 1961, Cosby launched his stand-up performance in Philadelphia bars and later at The Gaslight Cafe in New York City. He then went on to do stand-up comedy in Chicago, Las Vegas, San Francisco, and Washington, DC.
His nationwide exposure on The Tonight Show in 1963 led to a run of popular comedy albums in the 1960s. Bill Cosby Is a Very Funny Fellow…Right!, his debut album, was released in 1964. Between 1965 and 1987, Cosby received seven Grammy Awards for Best Comedy Performance.
On Spin magazine’s list of the 40 Greatest Comedy Albums of All Time, his album To Russell, My Brother, Whom I Slept With was named number one. Cosby created a reputation for himself by retelling amusing childhood stories. His stand-up breakthrough led to parts on The Dick Van Dyke Show and the action series I Spy, for which he won three Emmy Awards in a row.
The Cosby Show
The Cosby Show, one of the most popular comedies of all time, was created by Cosby in the 1980s. Cosby co-wrote, co-produced, and starred in the show, and he had a lot of creative influence over it. He was involved in every area of The Cosby Show’s production.
The plots were frequently based on Bill’s own family life, and the parallels didn’t end there: Parents of five children, the main protagonists Cliff and Clair Huxtable, like Cosby and his real-life wife, were college-educated and financially wealthy. The show aired from September 1984 to September 1992, and it is one of only two sitcoms to have topped the Nielsen ratings for five seasons in a row.
Bill Cosby’s Sexual Assault Controversy
Since 2000, Bill Cosby has been accused of rape, sexual assault, child sexual abuse, and sexual battery by a large number of women. According to his accusers, the first assaults occurred in the mid-1960s. Cosby has frequently rejected the charges, claiming that the encounters were mutually agreed upon. The majority of the acts stated by his accusers were not covered by legal statutes of limitations.
Following the claims, practically everyone associated with the Bill Cosby brand cut connections with him. The Cosby Show reruns and other programmes starring Bill were withdrawn from the airwaves. In 2015, Cosby was the subject of eight legal lawsuits, which grew to 33 by the end of the year.
Bill Cosby was convicted guilty of three counts of aggravated sexual assault by a jury in Pennsylvania on April 26, 2018. He was sentenced to three to ten years in state prison in September 2018. In January 2019, he was moved from administrative segregation to the general population at SCI Phoenix in Pennsylvania, where he had been confined to a single cell in administrative segregation. Cosby’s appeal to have his conviction overturned was denied in December 2019.
Bill’s real estate holdings are valued at more than $100 million. He has substantial real estate in both Pennsylvania and Beverly Hills. Based on comparable recent transactions, his Beverly Hills mansion alone could be worth $60 million. It could be closer to $80 million.
5 Unknown Facts about Bill Cosby
- Cosby worked as a Hospital Corpsman in physical therapy with Navy and Marine Corps servicemen injured during the Korean War during his four years in the Navy.
- Bill Cosby: Himself, a concert film he released in 1983, is widely regarded as “the finest comedic concert film ever.”
- On May 2, 2015, Cosby’s final show of the “Far From Finished” tour took place at the Cobb Energy Performing Arts Centre in Atlanta, Georgia.
- On January 25, 1964, Cosby married Camille Olivia Hanks. Erika, Erinn, Ensa, Evin, and Ennis are the couple’s five children.
- Cosby became legally blind in 2016, according to reports.
Famous Quotes by Bill Cosby
In this post of Bill Cosby Net Worth, here are some of his famous quotes that you need to see-
“Every closed eye is not sleeping, and every open eye is not seeing.” – Bill Cosby
“Always end the name of your child with a vowel, so that when you yell the name will carry.” – Bill Cosby
“The past is a ghost, the future a dream, and all we ever have is now.” – Bill Cosby
“The truth is that parents are not really interested in justice. They just want quiet.” – Bill Cosby
“Fatherhood is pretending the present you love most is soap-on-a-rope.” – Bill Cosby
“I don’t know the key to success, but the key to failure is trying to please everybody.” – Bill Cosby
“A word to the wise isn’t necessary, it is the stupid ones who need all the advice.” – Bill Cosby
“In order to succeed, your desire for success should be greater than your fear of failure.” – Bill Cosby
Bill Cosby had a long and glorious career as a comedian and actor. His activities over the course of his career, however, have now caught up with him. Cosby was found guilty of sexual assault and will serve time in jail. We hope you liked this article on Bill Cosby Net Worth. Let us know your thoughts about his conviction in the comment section below.