The 2,6‐diisopropylphenyl (Dipp) substituent is introduced to diaryl bismuth chemistry. Dipp2BiBr (1‐Br) was prepared by a Grignard reaction and subsequently used as precursor for synthesis of the other diaryl halido bismuthanes Dipp2BiX (1‐X, X=F, Cl, I) and the corresponding triflate Dipp2BiOTf (1‐OTf). Moreover, 1,1,2,2‐tetrakis(2,6‐diisopropylphenyl)dibismuthane (2) was prepared. All isolated compounds were characterized via single crystal X‐ray diffraction analysis, NMR spectroscopy, IR spectroscopy, and elemental analysis. Furthermore, the reactivity of a dibismuthane towards elemental sulfur was investigated, and the formed dibismuthanyl tri‐ and pentasulfide (3 a, 3 b) were characterized by single crystal X‐ray analysis. Functionalization of the diaryl halido bismuthanes with LiPtBu2 or tBu2PTMS (TMS=SiMe3) gives access to the interpnictogen compound Dipp2Bi−PtBu2 (4), which shows a rare example of a covalent Bi−P bond.