Bill Cosby net worth
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What is Bill Cosby’s net worth?
Bill Cosby is an American comedian, TV star and producer. At the time of writing, Bill Cosby has a net worth of $400 million. He is best known for creating and starring in “The Cosby Show”.
At the peak of his performance, he was the highest paid TV actor in the world. His basic salary for shows is US$1 million per episode, but when his production, creators, co-organizations, and various other sources of income total, he earns US$4 million per episode. This is the same as earning $8 million per episode today. He owns 20% of the show and has generated hundreds of millions of dollars in syndicated royalties over the past few decades, although most of these royalties have dried up in recent years after his scandal.
Cosby uses these royalties, along with royalties from other projects and lecture fees, to invest in extremely valuable real estate portfolios and art collections. Based on the respective market prices at any given moment, the total value of the Cosby Art Collection and real estate portfolio may exceed $250 million.
The future of his wealth is still unknown. According to reports, Cosby has spent millions of dollars on various legal defenses and may have to bear millions of dollars in losses in the future.
early life
Bill Cosby was born in Philadelphia on July 12, 1937. He is one of the four children of Anna Pearl and William Henry Cosby. Cosby is the monitor of Mary Channing Wister Public School in Philadelphia. He is known for his reputation as a class jester. He attended Germantown High School, but failed the tenth grade. In 1956, 15-year-old Cosby left school to join the Navy. He had performed physical therapy in the Navy and Marine Corps injured during the Korean War. Cosby eventually received a diploma and went on to earn a doctorate in education from the University of Massachusetts Amherst. He also provides bar service in the club and gets a lot of tips from those who make him laugh. Then he focused his energy on the stage.
Stand-up comedy career
Cosby made his first stage performance at a club in Philadelphia, and then made his first stage performance at The Gaslight Cafe in New York in 1961. He continued to tour and perform in Chicago, Las Vegas, San Francisco and Washington, D.C. In 1963, his touring performance was exposed nationwide Show tonight And a series of successful comedy albums in the 1960s. His first LP was released in 1964, and Bill Cosby is a very interesting guy… Yes! Cosby won seven Grammy Awards for Best Comedy Performance from 1965 to 1987. His album “To Russell, My Brother, The Man Who I slept with” was ranked No. 1 among the 40 greatest comedy albums of all time selected by Spin’ Magazine. Cosby earned his reputation by telling humorous childhood stories.His success in standing led to TV roles Dick Van Dyke Show And action series I spied, For which he won the Emmy Award for three consecutive years.
Early career
Before starting The Cosby Show, Bill worked on various other TV projects. He is a frequent host of “The Tonight Show” and hosted and starred in NBC’s annual special show. For two seasons starting in 1969, he starred in the Bill Cosby Show. In an early version of The Cosby Show, Bill played a physical education teacher in a high school in Los Angeles. The show’s ratings are high, but it only achieved a moderate critical success. Cosby disagrees with NBC for refusing to use laughter in the show. He claims that the audience has the ability to find humor for themselves without prompting. From 1972 to 1979, Cosby created, hosted and produced the animated cartoon Fat Albert and the Cosby Kids on Saturday morning. It is based on Bill’s own childhood. The performance was a big success.
Cosby Show
In the 1980s, Cosby launched one of the most successful sitcoms of all time, called The Cosby Show. Cosby co-produced and starred in the series, and has a lot of creative control. He participated in all aspects of The Cosby Show production. The plot is usually based on Bill’s actual family life, and the similarities don’t stop there: the main characters, the parents of five children, Cliff and Claire Huxtable, are both college-educated and financially successful, just like Cosby. Just like his wife in real life. The show lasted from September 1984 to 1992, and it was one of only two sitcoms that maintained Nielsen’s highest ratings for five consecutive seasons.
Life after the Cosby Show
His second sitcom, Cosby, Aired from 1996 to 2000. During this period, Cosby also returned to the roots of his stand-up transmission, hosting such as Kids say the worst things, And some game shows. He has also become a popular spokesperson, representing brands such as Jelly, Kodak, Ford and Coca-Cola. Bill performed Far From Finished on Comedy Central in November 2013, his first stand-up comedy special in more than 30 years. He toured with the show and performed his last performance in Atlanta, Georgia in May 2015. Cosby’s last known stand-up comedy performance was in Philadelphia on January 23, 2018.
personal life
Cosby has been married to his wife Camille since 1964, and the couple have five children. Their 27-year-old son Ennis was murdered in an attempted robbery in January 1997 while he was replacing a flat tire by the interstate highway. Their daughter Ensa died of kidney disease while waiting for a kidney transplant in February 2018. In 2016, Cosby’s lawyer revealed that he is now legally blind.
Sexual assault conviction
Since 2000, Bill Cosby has been the subject of high-profile rape, sexual assault, child sexual abuse and sexual assault allegations by many women. His accuser said that the earliest attack occurred in the mid-1960s. Cosby has repeatedly denied these allegations, saying that these incidents were consensual. Most of the actions alleged by his accusers exceeded the statute of limitations for legal proceedings. After these allegations, almost everyone who had anything to do with the Cosby brand severed contact with him. Rebroadcasts of The Cosby Show and other shows featuring Bill were withdrawn from the union. In 2015, Cosby became the subject of eight civil lawsuits, which later rose to 33. On April 26, 2018, a jury in Pennsylvania found Bill Cosby guilty of three serious sexual assaults. In September 2018, he was sentenced to three to ten years in prison in a state prison. He was confined to an administrative isolation cell in Phoenix, Pennsylvania, but was transferred to the general population of the prison in January 2019. In December 2019, Cosby lost his appeal to overturn his conviction.
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Net worth details
Even before he founded The Cosby Show, he was one of the highest paid celebrities on the planet. So much so that when his album contract expired in 1968, Cosby rejected a five-year, $3.5 million contract (equivalent to today’s $25 million) to start his own production company. He started to release his own comedy albums, and eventually went on to create TV shows Fat Albert and The Bill Cosby Show (not to be confused with sitcoms in the 80s).
As we know, it was the long-term success of The Cosby Show that made Bill one of the richest people in the entertainment industry. The show lasted from 1984 to 1992.At the peak of the show, his income US$4 million Each episode (equivalent to today’s 8 million US dollars).In the past two decades alone, this show has produced more than $1.5 billion From the joint. As the owner of 20% of the show’s profits, Bill earned at least $300 million from the joint transaction alone.
Bill also earned tens of millions of dollars from endorsements (most notably jelly), movie performances, live comedy shows, and other (less successful) TV shows. His 2014 comedy tour earned $11 million in box office revenue in 100 shows.
real estate
Bill’s real estate portfolio is worth it $100 million. He owns a large number of properties in Pennsylvania and Beverly Hills. Based on recent comparable sales, the value of his Beverly Hills property alone could be as high as $60 million. It may be close to 80 million U.S. dollars.
Art collection
Bill and his wife Camille own what is described as “the most important art collection in the hands of an African-American family.” Bill began buying works in the 1960s, and the family collection now includes works by Thomas Hart Benton, Rembrandt, Renoir, Picasso, and Matisse.Only their art collection is easy to be in North US$150 million.
