Here's What Bill Cosby's Net Worth Really Is

Born on July 12, 1937, in Philadelphia, Bill Cosby dropped out of college to pursue a career in stand up comedy. After touring extensively and landing a spot on The Tonight Show with Johnny Carson in 1963, Cosby took his comedy to albums, where he won seven consecutive Grammys for his work between 1964-1971. When Cosby moved to television, he became the first black man to star in a lead role in NBC's 1965 special-agent adventure series, I Spy, according to Biography. Cosby then struck critical and ratings gold with his depiction of an affluent black family in the '80s seminal hit, The Cosby Show. He became known as "America's Dad," amassing a fortune in TV and commercials while projecting a wholesome persona and serving as a positive role model to generations of fans. 

However, underneath that persona was a "sexually violent predator" who allegedly drugged and raped 60 women. On Sept. 25, 2018, Cosby was sentenced to 3 to 10 years in prison for one of those crimes. He served just under three years of that sentence before the Pennsylvania Supreme Court overturned the conviction and freed him, citing a deal Cosby struck with a prosecutor that reportedly included the arrangement that Cosby wouldn't be criminally prosecuted in exchange for his testimony in a civil case that was related to the same charges.

Once one of the highest-paid celebrities in the world, his substantial wealth has diminished along with his reputation. Here's what Bill Cosby's net worth really is. 

During its primetime heyday and in re-runs, The Cosby Show was a staple of network programming and a syndication cash cow for Bill Cosby since its premiere on September 20, 1984. However, after sexual assault allegations against the comedian surfaced in 2014, networks jumped ship. Per ABC News, TV Land stopped airing episodes immediately. Netflix quickly followed suit, scrapping a taped comedy special set to premiere later that year.

And in the wake of his guilty verdict in 2018, that reliable revenue stream Cosby counted on for so long ceased to exist. "Effective immediately, Bounce is removing The Cosby Show from our schedule," the Atlanta-based network said in a statement the day the verdict was handed down (per The Hollywood Reporter). It got worse from there.

"The Cosby Show is leaving Hulu," The Hollywood Reporter revealed. "The streaming service has opted to not renew its licensing deal with producers Carsey Werner, and as part of the deal, The Cosby Show will no longer have a streaming platform." Without a network home or VOD options, THR also pointed out that the only place left to watch episodes of The Cosby Show, at the time of the report, was on Amazon "for $1.99 a shot."

Former NBC employee Frank Scotti told the New York Daily News that he helped Bill Cosby make payments to eight women from 1989 to 1990. One of the women was Shawn Thompson, who allegedly received $100,000 from Cosby and whose daughter later claimed that the TV star was her father, which Cosby denied. Scotti claimed he was unaware that he was being used as a conduit by Cosby to pay off women and to serve as a guard when the comedian invited women into his dressing room. "He had everybody fooled," Scotti said. "Nobody suspected."

Scotti also claims Cosby once presented him with "a satchel of money, all $100 bills," to distribute money orders to women under his own name so they couldn't be traced back to Cosby. "I did a lot of crazy things for him ... I realized it later," Scotti said. 

Bill Cosby's wife of over 50 years, Camille Cosby, reportedly attempted to drain their joint account sometime in 2018. "The first check for $100,000 supposedly went through," an insider told Radar Online. "Then she did another one for a crazy amount, but the bank wanted Mr. Cosby's approval before releasing the funds." 

The account, which reportedly contains "just under $120 million," is a shared account, but Bill Cosby is the primary signatory. "The bank went through his assistants who patched Mr. Cosby in with them," the insider said. "He told the bank to freeze the primary account."

"She said she was 'taking it' because she 'needed it' to support family and staff," the insider continued. "His royalties from The Cosby Show go to a separate account."

In June 2018, rumors swirled that Camille Cosby was planning to file for divorce, but the comedian's rep, Andrew Wyatt, spoke to People and quickly shot the allegation down, calling it a "ridiculous story from an egregious publication." He also said that there were, "no issues in the marriage," and that Camille was "with [Bill] in the Philadelphia home as we speak."

While Bill Cosby seemed to be scrambling for cash amid his legal battles, his non-liquid assets still hold a ton of value. According to Mic, Cosby's real estate holdings alone are enough to satisfy the average person's financial needs for more than a lifetime. They include his nearly 9,000 square foot main home outside Philadelphia, three multi-million dollar homes in Los Angeles, a 21-acre Massachusetts estate that boasts a land value — just the land, not even the property — of $2.7 million, and the aforementioned NYC townhouse that he bought in 1987 for $6.2 million.

Then there's Cosby's legendary "extensive African American art collection," some of which was loaned to the Smithsonian for a controversial November 2015 exhibition, according to The Guardian. Many disagreed with showcasing pieces from the disgraced star's collection, because it potentially increased the value of the work, and while there is no estimated value for the total collection, one good indicator of its overall value is this: Cosby "gifted" the Smithsonian $716,000 just to stage part of the collection for the exhibition.

Not impressive enough for you? Well, according to Bloomberg, in November 2018, Cosby's wife sold one painting from the collection of over 300 pieces, and "pledged" to sell another "as collateral for a loan from an art finance firm." The estimated haul on just those two sales? $12 to $14 million.