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What is Bill Cosby’s net worth?
Bill Cosby is a comedian, television personality, and producer from the United States. Bill Cosby’s net worth is $400 million as of this writing. He is best known as the creator and star of “The Cosby Show.”
He was the highest-paid television actor in the world during the show’s peak. His base salary for the show was $1 million per episode, but after factoring in his producing, creator, syndication, and other income streams, he earned $4 million per episode. That equates to $8 million per episode today. He owned 20% of the show’s equity, which generated hundreds of millions of dollars in syndication royalties over the years, though those royalties have mostly dried up in recent years as a result of his scandals.
| Net Worth: | $400 Million |
| Date of Birth: | Jul 12, 1937 (85 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 |
Cosby used the royalties from those programmes, as well as royalties from other programmes and speaking engagement fees, to build an extremely valuable real estate portfolio and art collection. The Cosby art collection and real estate portfolio could be worth more than $250 million combined, depending on current market rates.
The future of his fortune is unknown. Cosby allegedly spent millions of dollars on legal defences and may be liable for millions more in future damages.
Early Life
Bill Cosby was born in Philadelphia on July 12, 1937. He is one of Anna Pearl and William Henry Cosby Srfour .’s children. Cosby was the class president at Philadelphia’s Mary Channing Wister Public School. He was well-known for being the class clown. He went to Germantown High School but dropped out in the tenth grade. Cosby left school at the age of 15 to join the Navy in 1956. He worked in physical therapy with injured Navy and Marine Corps personnel from the Korean War. Cosby eventually received his diploma and went on to receive a doctorate in education from the University of Massachusetts Amherst. He also bartended in clubs and received large tips from those he made laugh. He then concentrated on the stage.
Standup Comedy Career
In 1961, Cosby debuted his stand-up act in Philadelphia clubs and then in New York City at The Gaslight Cafe. He went on to perform stand-up comedy in Chicago, Las Vegas, San Francisco, and Washington, DC. His touring led to national exposure on The Tonight Show in 1963, as well as a string of successful comedy albums in the 1960s.
Bill Cosby Is a Very Funny Fellow…Right! was his debut LP, released in 1964. Between 1965 and 1987, Cosby won seven Grammy Awards for Best Comedy Performance. His album To Russell, My Brother, Whom I Slept With was named the number one comedy album of all time by Spin magazine. Cosby made a name for himself by telling amusing childhood stories. His success in stand-up led to roles on The Dick Van Dyke Show and the action series I Spy, for which he received three consecutive Emmy Awards.
Early Career
Bill worked on several other television projects before starting The Cosby Show. He was a frequent guest host on The Tonight Show and hosted and starred in an annual NBC special. He appeared in The Bill Cosby Show for two seasons, beginning in 1969. Bill played a P.E. teacher at a Los Angeles high school in this early version of The Cosby Show. The show was a rating success but an only a marginal critical success.
Cosby was at odds with NBC because he refused to use a laugh track for the show. He claimed that viewers could find humour on their own without being prompted. From 1972 to 1979, Cosby created, hosted, and produced Fat Albert and the Cosby Kids, an animated Saturday morning cartoon. It was inspired by Bill’s childhood. The show was a huge success.
The Cosby Show
Cosby launched one of the most successful sitcoms of all time, The Cosby Show, in the 1980s. Cosby co-produced starred in and had creative control over the series. He was involved in every aspect of The Cosby Show’s production. Plots were frequently based on Bill’s actual family life, and the similarities didn’t stop there: main characters Cliff and Clair Huxtable, parents to five children, were college-educated and financially successful, just like Cosby and his real-life wife. From September 1984 to 1992, the show was one of only two sitcoms to top the Nielsen ratings for five consecutive seasons.
Life After The Cosby Show
Cosby, his second sitcom, aired from 1996 to 2000, and during this time, Cosby also returned to his stand-up roots, hosting programmes such as Kids Say the Darndest Things and several game shows. He also became a well-known spokesman for brands such as Jell-O, Kodak, Ford, and Coca-Cola. Bill performed Far From Finished, his first stand-up special in over 30 years, on Comedy Central in November 2013. He toured the show, and his final performance was in Atlanta, Georgia, in May 2015. Cosby’s last known stand-up performance was on January 23, 2018, in Philadelphia.
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 changing a flat tyre on the side of the interstate in January 1997. In February 2018, their daughter Ensa died of renal disease while awaiting a kidney transplant. Cosby’s attorneys revealed in 2016 that he is now legally blind.
Sexual Assault Convictions
Since 2000, Bill Cosby has been accused of rape, sexual assault, child sexual abuse, and sexual battery by several women. According to his accusers, the assaults began in the mid-1960s. Cosby has repeatedly denied the allegations, claiming that the incidents were consensual. The majority of the alleged acts by his accusers fell outside of the statutes of limitations for legal proceedings. Following the allegations, nearly everyone associated with the Cosby brand severed ties with him.
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As we all know, The Cosby Show’s long-running success helped Bill become one of the wealthiest people in the entertainment industry. The series aired from 1984 to 1992. At the height of the show, he was paid $4 million per episode (equivalent to $8 million today). Over the last two decades, the show has generated over $1.5 billion in syndication revenue. Bill has earned at least $300 million from syndication deals alone as the owner of 20% of the show’s profits.
Bill has also made tens of millions of dollars from Endorsement (most notably Jell-O), film appearances, live comedy shows, and other (less successful) TV shows. His comedy tour in 2014 grossed $11 million over 100 shows.
Art Collection
Bill and his wife Camille own what has been described as “the most significant art collection in the hands of an African American family.” Bill began collecting in the 1960s, and today the family collection includes works by Thomas Hart Benton, Rembrandt, Renoir, Picasso, and Matisse. Their art collection alone could easily be worth more than $150 million.
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