Bill Cosby is an American comedian, actor on television and producer. At the time of writing, Bill Cosby has a net worth of $400 million. Cosby is famous for his role in the co-creation and the starring role in "The Cosby Show." "At the height of the show, he was the highest-paid TV actor in the world. He earned $1 million per episode as his base salary but $4 million per episode when he added creating, producing, syndicating and other streams of income. That's the same as earning $8 million per episode today. Cosby owned 20 percent of the show's equity that generated hundreds of millions in royalty payments to syndication over the past many decades, even though those royalties have mostly dried down in recent years following his scandals.Cosby made use of those royalties in addition to the royalties earned from other shows and speaking engagement fees to put money into a highly valuable real estate portfolio and art collection. Based on the prices at any time in time, the Cosby art collection and real estate portfolio could amount to north of $250 million, when combined.
Monday, January 16, 2023
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