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Bill Cosby Net Worth: Convictions for Sexual Assault!

Bill Cosby Net Worth

Here you will get all the information about Bill Cosby Net Worth, early life. Bill Cosby is a Philadelphia-born American actor, comedian, author, and musician.

During the 1960s, Cosby began his career in the entertainment industry. He’d do stand-up comedy at the hungry I in San Francisco, and his first sitcom show aired on television in 1969.

Bill Cosby’s image and reputation have suffered in recent years as a result of numerous allegations of rape, sexual assault, abuse, and misconduct.

In fact, over 60 women have come forward with similar allegations against Cosby.
Cosby was not convicted of sexual assault until April of this year.

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

Early Life and Childhood

Bill Cosby was born on July 12, 1937, in Philadelphia, Pennsylvania. His mother worked as a maid, and his father served as a mess steward in the US Navy.

He has three brothers. Bill Cosby was the class clown when he was a teen, but he also led the basketball and track teams. He participated in plays and served as class president.

After failing the 10th grade, Cosby dropped out of school and began working as an apprentice in a shoe repair shop because he spent more time clowning around than studying.

He joined the Navy in 1956, served as a Hospital Corpsman for four years, and completed correspondence courses to obtain his high school equivalency diploma.

In 1961, Cosby received a track and field scholarship to attend Temple University, where he also studied physical education and competed as a fullback on the school’s football team.

Cosby continued to hone his sense of humour as he advanced in his studies at Temple; he cracked jokes first with other enlistees in the military and then with college friends.

He started working as a bartender in a Philadelphia nightclub to make money, and as he did so, he became more aware of his gift for making people laugh and began to amuse his patrons.

Bill Cosby Career in Stand-up Comedy

In 1961, Cosby made his stand-up comedy debut in Philadelphia nightclubs before performing at The Gaslight Café in New York City.

In Chicago, Vegas, San Francisco, and Washington, DC, he continued his tour and performed stand-up. His touring in 1963 resulted in widespread exposure on The Tonight Show and a number of popular comedy albums in the 1960s.

In 1964, Bill Cosby Is a Very Funny Fellow. Right!, his debut LP, was released. Between 1965 and 1987, Cosby won seven Grammy Awards for Best Comedy Performance.

On the list of the 40 Greatest Comedy Albums of All Time compiled by Spin magazine, his album To Russell, My brother, whom I slept with came in at number one.

Cosby became well-known for telling amusing tales from his youth. His stand-up career was a success, which led to television roles on The Dick Van Dyke Show and the action series I Spy, for which he won three straight Emmy Awards.

Early Career life of Bill Cosby

Bill pursued a number of other television endeavors prior to beginning The Cosby Show. He frequently appeared as a guest host on The Tonight Show and hosted and appeared in an annual NBC special.

Beginning in 1969, he appeared in The Bill Cosby Show for two seasons. Bill portrayed a Los Angeles high school P.E. teacher in this early episode of The Cosby Show.

The program was a ratings’ success, but it received only passable reviews. Due to his refusal to use a laugh track for the program, Cosby had a falling out with NBC.

He argued that viewers could find humor on their own without being directed to do so. Fat Albert and the Cosby Kids was an animated Saturday morning cartoon that Cosby created, hosted, and produced from 1972 to 1979.

It was based on Bill’s own formative years. The program enjoyed enormous success.

How Much Is Bill Cosby’s Net Worth?

Bill Cosby has a $400 million net worth. The Cosby Show, which he created and starred in, is his most well-known work. He was the highest-paid television actor in the world during the height of the show.

His base pay for the show was $1 million per episode, but when all of his income sources—producing, creator, syndication, and other—were added up, he was paid $4 million per episode. In today’s dollars, that equates to $8 million per episode.

Although hundreds of millions of dollars in syndication royalties were generated over the course of several decades thanks to his ownership of 20% of the show’s equity, those royalties have largely dried up in recent years as a result of his scandals.

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Along with royalties from other programs and speaking fees, Cosby invested these royalties in a portfolio of extremely valuable real estate and an art collection.

The Cosby art collection and real estate holdings may be worth more than $250 million in total, depending on the current market rates.

His wealth’s future is currently unknown. According to reports, Cosby spent millions of dollars on different legal defenses and may be responsible for millions of dollars’ worth of potential future losses.

Cosby Show

The Cosby Show, one of the best-known sitcoms ever, was introduced by Cosby in the 1980s. Cosby co-produced, starred in, and had a lot of creative control over the television show.

He was actively involved in every stage of The Cosby Show’s production. Plots were frequently based on Bill’s real-life family life.

And the parallels didn’t end there: Cliff and Clair Huxtable, the main characters and parents of five children, were college graduates and prosperous businesspeople, just like Bill Cosby and his real-life wife.

One of only two sitcoms to top the Nielsen ratings for five straight seasons, the program aired from September 1984 to September 1992.

Life After The Cosby Show

During the run of his second sitcom, Cosby, which ran from 1996 to 2000, Cosby also made a comeback to stand-up, hosting shows like Kids Say the Darndest Things and a number of game shows.

He also rose to fame as a spokesperson for companies like Jell-O, Kodak, Ford, and Coca-Cola. In November 2013, Bill performed Far From Finished on Comedy Central, his first stand-up special in more than 30 years.

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He travelled with the show and gave his final performance in May 2015 in Atlanta, Georgia. On January 23, 2018, Cosby gave his last known stand-up performance in Philadelphia.

Bill Cosby Net Worth Information

He was one of the highest-paid celebrities on the planet even before he founded The Cosby Show. So much so that Cosby declined a five-year, $3.5 million contract (equivalent to $25 million today) when his album contract expired in 1968 in order to start his own production company.

He began releasing his own comedy albums and eventually went on to create the television programs Fat Albert and The Bill Cosby Show (not to be confused with the sitcom of the 80s).

As is well known, Bill became one of the richest people in the entertainment industry thanks to the long-running success of The Cosby Show.

Between 1984 and 1992, the show aired. He was making $4 million per episode at the height of the show (equivalent to $8 million today).

The show’s syndication revenue has exceeded $1.5 billion just in the last 20 years. Bill has made at least $300 million from syndication deals alone and owns 20% of the show’s earnings.

Bill has also made tens of millions of dollars more from endorsements, including Jell-O, movie roles, live comedy performances, and other (less popular) TV shows. Over 100 performances, his 2014 comedy tour brought in $11 million.

Real Estate

Bill has a portfolio of properties worth more than $100 million. He owns sizable properties in Beverly Hills and Pennsylvania.

Based on comparable recent sales, the value of his Beverly Hills estate alone could reach $60 million. Nearer to $80 million, perhaps.

Bill Cosby Artwork Collection

The “most significant art collection in the hands of an African American family” is owned by Bill and his wife Camille.

Bill began collecting works in the 1960s, and today the family collection includes works by Matisse, Rembrandt, Renoir, Rembrandt, and Thomas Hart Benton. Their entire collection of artwork alone might be worth more than $150 million.

Convictions for Sexual Assault

Since 2000, numerous women have accused Bill Cosby of rape, sexual assault, child sexual abuse, and battery on a sexual nature.

The earliest assaults, according to his accusers, began in the middle of the 1960s. Cosby consistently refuted the claims and insisted that the incidents were consensual.

The majority of the alleged actions by his accusers were beyond the time limits for filing lawsuits. Nearly everyone who had any connection to the Cosby brand severed ties with him in the wake of the allegations.

The Cosby Show reruns and other shows starring Bill were taken off the air. Cosby was the target of eight civil lawsuits in 2015, which increased to 33 later.

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A jury in Pennsylvania found Bill Cosby guilty of three counts of severe sexual assault on April 26, 2018. He received a three to ten year state prison sentence in September 2018.

At SCI Phoenix in Pennsylvania, he was housed in a single cell in administrative segregation, but in January 2019, he was transferred to the prison’s general population. Cosby lost an appeal to overturn his conviction in December 2019.

Highlights

Here are some of Bill Cosby’s career’s best moments:

Frequently Asked Questions

What Is Bill Cosby’s Age?

Bill Cosby is currently 84 years old (12 July 1937).

What Is Bill Cosby’s Salary?

Bill Cosby’s annual salary is estimated to be $26 million.

What Is Bill Cosby’s Height?

Bill Cosby stands 1.83m (6′ 0′′) tall.

What Is Bill Cosby’s Wife’s Name?

Camille Cosby is Bill Cosby’s wife’s name (m. 1964).

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