How Bill Cosby maintains his $400 million fortune while growing
Bill Cosby owed $6.7 million in legal fees in 2019.
Bill Cosby is in financial chaos after his arrest
Bill Cosby maintains his $400 million net worth through many investments, including art collections and real estate.
Royalties from Cosby’s hit series have generated more than $1.5 billion in just the past 20 years.
Despite the legal fees and settlements, Cosby avoided a significant financial impact.
Before Bill Cosby was accused of sexually assaulting dozens of women in 2014, he was the beloved “America’s Dad.” He is famous for playing Cliff Huxtable on The Cosby Show, where he gave Adam Sandler his start, from (1984-1992) In 2018, he was sentenced to three to ten years in prison for aggravated assault.
His conviction was overturned in 2021 because the prosecutor who brought the charges was obligated to abide by the non-prosecution agreement. But recently, nine more women filed sexual assault lawsuits against Cosby, forcing him to celebrate Christmas on a budget again this year.
But reports say his assets are still worth $400 million. Here’s how millions in legal fees don’t affect the comedian’s fortune, 30 years after the end of hit show A Different World, where he fired Lisa Bonet because she was pregnant.
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Bill Cosby maintains his $400 million net worth with many investments
Bill Cosby maintains his $400 million net worth with multiple investments through: Instar
According to Celebrity Net Worth, the 86-year-old actor has many investments in addition to his Hollywood income, which has helped him accumulate a net worth of $400 million. His art collection and real estate have a total value of $250 million.
The rest is from his time as the highest-paid TV actor in the world. He has a base salary of $1 million per episode on The Cosby Show. Other projects he created and produced also earned $4 million per episode at the time. It is estimated that each episode will cost $8 million by 2023.
Cosby owns 20% of the royalties of his hit series, which has generated more than $1.5 billion in just the past 20 years. Of course, that percentage has dropped since his scandal. But we’re sure he saved enough money over the decades before his trial.