Eddie Murphy’s Net Worth
Eddie Murphy is an American actor, comedian, director, screenwriter, and musician whose films bring substantial revenues at the box office, ranking him second in the list of the most successful actors in the United States, from a financial point of view. He played in films such as “48 Hrs.”, the Beverly Hills series, “The Nutty Professor”, “Shrek”, “Mulan”, “Norbit” and “Meet Dave”. He was awarded a Golden Globe in 2007 and an Oscar nomination for his role as James Early in “Dreamgirls”.
What is Eddie Murphy’s net worth?
At the time this article is written the American comedian, actor, director, and producer Eddie Murphy has a net worth of $200 million. He is one of the highest-grossing actors in the history of Hollywood. For instance, his movies have grossed approximately $7 billion at the worldwide box office, an amount that makes Eddie the sixth-highest-grossing American actor at the box office.
Eddie Murphy was one of the highest-paid actors in the world in the late 80s, 90s, and 2000s, earning around $20 million per movie. He earned more than $300 million in salaries and backend points during his career. Also, in 2019 Eddie was paid $70 million by Netflix to deliver a series of comedy specials. If we sum up everything, Eddie Murphy has earned a minimum of $420 million during his career.
Key Facts
- In 1981 Eddie Murphy earned $4,500 per each SNL episode
- His salary was increased to $30,000 per episode for the next SNL season
- Eddie Murphy has ten children
- He earned $14 million for the first “Beverly Hills Cop”
- He paid $15 million for a private island in the Bahamas in 2007
- He has a mansion in Beverly Hills worth $30 to $40 million
- Eddie Murphy earned $60 million (including backend points) for “Nutty Professor II”
- During his career, Eddie Murphy has earned a minimum of $300 million in movie salary
- In 2006 he paid his ex-wife Nicole a $15 million divorce settlement
- In 2019 Netflix paid him $70 million to record a series of comedy specials
Childhood and teenage years
Eddie Murphy was born on April 3, 1961, in Brooklyn, New York. The son of a Brooklyn policeman, who died when he was only eight years old, comedy star Eddie Murphy was raised in middle-class Hempstead by his mother and stepfather. Being a born “clown”, during high school, he was voted the most popular student.
At the age of 15, Eddie Murphy was writing and performing his own comedy numbers, inspired by big names in stand-up comedy such as Bill Cosby and Richard Pryor.
Career
Eddie Murphy began his career 42 years ago as a comedian. In 1980, Murphy joined the cast of “Saturday Night Live” at the age of 19 and has since gone on to have a successful career on the big screen.
When it seemed that he would not become more popular, Murphy was cast in the comedy/melodrama “48 Hours” and thus, an $8 million per film star was born.
The actor follows his cinematic triumph with “Trading Places,” made in 1983, the same year in which his comedy album Eddie Murphy, Comedian, won a Grammy Award. In 1984, he was finally authorized to have his own film, “Beverly Hills Cop”, one of the most famous films of the decade.
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Moving into the new millennium, Murphy made “Nutty Professor II: The Klumps” (2000) and in 2001 “Dr. Dolittle 2”. In the same year, he would use his voice in an animated film, he was the donkey in “Shrek”.
The actor was honored for his roles in the films with a star in the 7000th arrondissement on the Hollywood Walk of Fame.
Salary highlights
In 1981 Eddie Murphy earned only $4,500 for each episode of Saturday Night Live. The next year his salary was increased to $30,000 per episode.
In 1984 Eddie Murphy received his major paycheck, $1 million for the movie “Best Defense”.
In 1987 he earned $8 million for the movie “Beverly Hills Cops II”. Today, after adjusting for inflation, it would be around $18 million.
In 1988, Eddie made another $8 million with the movie “Coming to America”.
In 1994 he earned $15 million (today would be around $25 million) for the movie “Beverly Cops III”.
In 1996 the movie “The Nutty Professor” brought Eddie $16 million, while “Nutty Professor II” from 2000 brought Eddie $20 million. Also, he received 20% of gross receipts, which brought his total payday to more than $60 million for this film.
Eddie Murphy was paid $20 million for the “Doctor Dolittle” movie in 1988.
In 2001, he earned $3 million for the movie “Shrek” and $20 million for “Doctors Dolittle 2”.
One year later, in 2002 Eddie Murphy was paid $20 million for “The Adventures of Pluto Nash”.
In 2004 Eddie Murphy earned $10 million for the movie “Shrek 2”, while for “Shrek Forever” he received $4 million (potentially around $12 million with backend points).
In 2011 Eddie Murphy earned $7.5 million for the movie “Tower Heist”.
The actor earned a minimum of $250 million in film salaries and backend points in the 1980s, 1990s, and 2000s. Eddie’s career film earnings are around $300 million.
Netflix project
In 2019 Eddie Murphy signed a $70 million deal with Netflix for a series of comedy specials. This is $10 million more than the $60 million Dave Chappelle 3-special deal. Also, Chris Rock was paid $40 million by Netflix for two specials.
Real estate
Eddie Murphy has owned a number of out-of-the-ordinary houses over the years. He lived in Granite Bay, California for a period in the 1990s. After he sold his mansion, in 2001 he paid $10 million on a 3.7-acre undeveloped land in Beverly Hills, where he built a 40,000-square-foot house. It is said that this mansion worth anywhere between $30 million and $40 million.
In 1980s Eddi Murphy owned a mansion in Beverly Hills, that was listed by a later owner in 2016 for the amount of $85 million.
In 2007 Eddie bought a 15-acre private island in the Bahamas named Rooster Cay for $15 million. Previously he owned another private island named Pearl Island.
Personal life
Eddie Murphy had a long relationship with Nicole Mitchell, a relationship that led to marriage in 1993. Together they have five children, Bria, Myles, Shayne Audra, Zola Ivy and Bella Zahra. In 2005, the couple separated, the divorce being finalized a year later. Then followed an idyll with Melanie Brown, a former member of the Spice Girls band. The singer gave birth to a girl, Angel Iris Murphy Brown, who was later recognized by Murphy as his child, following a paternity test.
In 2008, the actor married producer Tracey Edmonds in a private ceremony held on an island in Bora Bora.
Eddie Murphy has another child from his relationship with Tamara Hood, born in 1990.
Since 2012 he has been dating model Paige Butcher, with whom he has two children.
When asked about his experience as a father of ten, the star said he is happy, but people’s opinions about it are mixed. “Men look at me like I’m crazy. And they ask me how much it costs” he explained. Instead, women see his situation differently: “I think they find something sexy. Like: Only Eddie Murphy could do that. It can only happen to him.”
The actor is known for the frequent donations he makes to charities and foundations that deal with AIDS and cancer patients, disadvantaged families or associations that support creative arts and education.
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