Your tip
RadarOnlineRadarOnline
BREAKING NEWS
Exclusive

Bill Cosby, 86, on 'Fixed Income' and Hopes He Can Leave Behind Enough for His Family Despite Financial Issues

bill cosby spotted first outing prison photos cane
Source: MEGA

Sources say Bill's legal issues are allegedly bleeding him dry.

Nov. 16 2023, Published 4:30 p.m. ET

Link to FacebookShare to XShare to Email
Getting your Trinity Audio player ready...

Bill Cosby has had to change his spending habits in his old age, with a source close to the comedian telling RadarOnline.com that he and his wife, Camille Cosby, are on a "fixed income" and are in a "dire" financial situation.

Article continues below advertisement

Our insider shared that Bill, 86, and Camille, 79, hope to leave their fortune — which was one-time valued at $400 million — to their loved ones, but the actor's legal issues are bleeding them dry.

"They are trying to preserve everything for their family and grandchildren," the source stated, adding the Cosbys are watching what they spend as many older couples do.

camille cosby bill cosby
Source: MEGA

We're told the Cosbys are in "financial turmoil" with the never-ending lawsuits.

Article continues below advertisement

RadarOnline.com broke the story — Bill and Camille are said to be in "financial turmoil" as the Cosby patriarch faces endless lawsuits from women with sexual assault allegations and tax liens.

"It's never going to end," the insider told us regarding Bill's uphill legal battles. They also revealed that the couple of nearly 60 years is in a "bad situation financially," which has allegedly caused "major issues" between them.

Article continues below advertisement

Bill was released from prison in 2021 but has not worked since 2015. His lack of employment has not helped their situation, said the source.

We're told the alleged money problems are so grim that they have been forced to "liquidate" their assets, take out "second mortgages," and sell off their beloved artwork.

Article continues below advertisement
camille cosby bill cosby
Source: MEGA

Camille allegedly won't cut down her waitstaff despite their "dire" money problems.

Article continues below advertisement

One thing Camille won't budge on is her employees, who wait on her hand and foot.

The insider claimed that Bill and his wife have not paid their household staff in some time, with the comedian telling his wife they "can't live that lifestyle" anymore. He allegedly wants to fire some of their employees, but Camille says she can't bear to lose her chef or staffers.

The source said despite their money issues, "they will find a way" to pay their workers.

MORE ON:
Bill Cosby
Article continues below advertisement
bill cosby handcuffed outside courtjpg
Source: MEGA

Andrew Wyatt promised to give a voice to Cosby's story.

Article continues below advertisement

Despite Bill being "frustrated" over the matter, Camille ultimately has the final say.

RadarOnline.com told you first — she's still named as power of attorney over his estate. The transfer went down while he was in prison after his team began to worry about his health.

Article continues below advertisement

The insider shared that the plan was to remove her as power of attorney after Bill was released from prison, but it never happened.

We reached out to Bill's rep, Andrew Wyatt, who told us he had "no comment."

Visit the all-new RADAR SPORTS for all the on and off-field activities of the biggest names in the games.

Article continues below advertisement
bill cosby  comeback tour comedy conviction overturned
Source: MEGA

The two are approaching their 60-year wedding anniversary.

Article continues below advertisement

Despite their alleged money woes, Bill and Camille plan to stick it out until the end.

We're told the couple is still "happily married" and look forward to hitting their 60-year mark in January.

Advertisement

DAILY. BREAKING. CELEBRITY NEWS. ALL FREE.

More From Radar Online

    Opt-out of personalized ads

    © Copyright 2024 RADAR ONLINE™️. A DIVISION OF MYSTIFY ENTERTAINMENT NETWORK INC. RADAR ONLINE is a registered trademark. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service, Privacy Policy and Cookies Policy. People may receive compensation for some links to products and services. Offers may be subject to change without notice.