We know Bill Spencer as The Bold and the Beautiful's beloved barracuda ... though Bill doted heavily on his daughter, Caroline Spencer (the original, not the namesake we met in 2012).

The hit soap opera The Bold and the Beautiful shows many conflicts and disputes within the family and with the other prominent families in the show.

The Bold and the Beautiful will celebrate its 38th anniversary on March 23, 2025, and to commemorate, the show recently released a new cast photo — and is celebrating at a dinner tonight.

Lisa Yamada, who portrays Luna Nozawa on The Bold and the Beautiful, has become embroiled ... figure that she has known her entire life—Bill Spencer (portrayed by Don Diamont).