Despite mounting financial troubles and ongoing legal battles, Bill Cosby, 86, and his wife, Camille Cosby, 79, remain committed to their nearly six-decade-long marriage. Sources close to the couple have revealed a dire financial situation, largely stemming from civil lawsuits against the comedian, causing them to liquidate assets, take out second mortgages, and even sell cherished artwork.
An insider described the Cosby couple's predicament as a state of continuous financial turmoil, exacerbated by Bill's inability to work since 2015 and mounting legal expenses. This has led to significant lifestyle adjustments, including debates over household staff expenses. Bill Cosby reportedly favors cutting down on staff to reduce costs, while Camille insists on retaining key personnel like their chef.
Camille Cosby, who currently has power of attorney over the Cosby estate, once valued at an estimated $400 million, gained control when Bill was incarcerated. The decision was made amidst concerns about his deteriorating health, including two "life-sustaining" surgeries in 2019 for blockage in his carotid arteries and concerns over high blood pressure.
The plan to revoke Camille's power of attorney after Bill's release in 2021, following the overturning of his sexual assault conviction, was never realized.
The couple's financial struggles have reached a point where paying household staff has become a contentious issue. Bill Cosby, according to sources, has expressed frustration over their inability to maintain their previous lifestyle and the need to make significant cutbacks.
Andrew Wyatt, Bill Cosby's representative, offered no comment when approached by RadarOnline.com regarding these developments.
The situation paints a picture of a once-powerful entertainment figure grappling with the repercussions of legal challenges and changing fortunes. As Bill and Camille Cosby navigate these turbulent times, the strength of their bond, spanning almost 60 years, is being tested by these unprecedented financial and legal pressures.
