Eddie Murphy Net Worth: The Multi-Talented Entertainer Has Amazing Wealth
One of the highest-earning and wealthiest actors in Hollywood is Eddie Murphy. American actor, comedian, writer, producer, and singer Eddie Murphy also sings. From 1980 until 1984, he was a regular cast member of Saturday Night Live’s sketch comedy program, where he first gained notoriety.
In Disney’s Mulan (1998), Eddie Murphy voiced the Chinese dragon Mushu among other characters. The John F. Kennedy Center for the Performing Arts gave Eddie Murphy the Mark Twain Prize for American Humor in 2015.
What Is Eddie Murphy’s Net Worth?
American actor, comedian, producer, and filmmaker Eddie Murphy. Eddie Murphy has $200 million. Eddie Murphy is a top-grossing actor. His films have earned approximately $7 billion globally.
He is the sixth-highest-grossing American actor. Eddie earned $20 million for each film throughout the 1980s, 1990s, and 2000s. Eddie has made well over $300 million in wages and backend royalties.
Eddie’s 2019 Netflix comedy specials earned $70 million. Eddie has made at least $420 million through known agreements.
Saturday Night Live made Murphy famous in the early 1980s. He invented Buckwheat, Mister Robinson, and Gumby for the sketch comedy show. Murphy became infatuated with humor as a teenager after hearing a Richard Pryor CD. In 1980, Eddie joined a failing SNL. Lorne Michaels quit. The original stars left. Murphy saved the show.
Murphy played 65 SNL episodes from 1980 to 1984. He joined NBC at 19. He addressed race issues in edgy ways. “White Like Me” and “Mister Robinson’s Neighborhood” are timeless. The show made him famous. Murphy placed second on a 2015 list of the greatest SNL cast members after John Belushi.
48 Hours was Murphy’s feature debut while on SNL. Trading Places, Beverly Hills Cop, Coming to America, Harlem Nights, and Another 48 Hrs were his next hits.
Mulan, Shrek, Dreamgirls, and the Nutty Professor flicks resurrected Murphy’s box-office pull in the 1990s. Dreamgirls earned Murphy a Golden Globe and an Academy Award nomination in 2006. Eddie returned in 2021’s Coming 2 America remake.
Eddie Murphy Film Career
While still an SNL cast member, Eddie made his big-screen debut in 48 Hours in 1982. His succeeding films included Trading Places, the Beverly Hills Cop series, Coming to America, Harlem Nights, and Another 48 Hours, all of which were huge successes.
In the 1990s, Murphy’s box office appeal gradually declined but was later resurrected by several family-friendly films, including Mulan, the Shrek trilogy, Dreamgirls, and The Nutty Professor films.
Murphy’s performance in Dreamgirls earned him a Golden Globe and an Academy Award nomination in 2006. A number of his movies, including Vampire in Brooklyn, Life, and Harlem Nights, which he also directed, have also been produced by him.
Murphy will return to the Beverly Hills Cop movies in 2017 and, this time, star in Beverly Hills Cop 4, which is slated for a future release. Eddie would be reprising his role in Coming To America, according to a 2019 announcement.
Eddie Murphy Salary Highlights
Murphy’s average pay over the years was just $4,500 per episode of Saturday Night Live. His pay was increased to $30,000 for each spell the following year.
In 1984, he received his first sizable salary of $1 million for the movie Best Defense.
He made $8 million for Beverly Hills Cop II in 1987, which is equivalent to almost $18 million in today’s dollars after accounting for inflation. He made an additional $8 million from Coming to America the following year.
He received $15 million, or around $25 million today, for Beverly Hills Cop III in 1994. His earnings for The Nutty Professor (1996), Doctor Dolittle (1998), and Nutty Professor II (2000) totaled $16 million, $17.5 million, and $20 million, respectively.
On Jan 11, 2023, Eddie Murphy was awarded the Cecil B. DeMille Award at Golden Globe Awards:
🎉 The biggest round of applause for Eddie Murphy, this year’s Cecil B. DeMille Award recipient! Your decades of unbeatable comedy and incredible performances deserve to be acknowledged and celebrated! 🎉 #GoldenGlobes pic.twitter.com/IWiU6LEmmf
— Golden Globe Awards (@goldenglobes) January 11, 2023
He also received 20% of the Nutty Professor II box office earnings, bringing his total compensation from the movie to more than $60 million.
The following earnings for Eddie were $3 million for Shrek (2001), $20 million for Doctor Dolittle 2 (2001), $20 million for The Adventures of Pluto Nash (2002), $10 million for Shrek 2 (2004), $4 million for Shrek Forever (possibly up to $12 million with backend points), and $7.5 million for Tower Heist (2011).
Eddie received at least $250 million in film salaries and backend points in the 1980s, 1990s, and early 2000s. His cinematic earnings over his career certainly exceed $300 million.
Eddie Murphy Netflix Project
Eddie reportedly negotiated to acquire $70 million to film several comedy specials for Netflix in July 2019. That is $10 million more than Dave Chappelle’s three-special contract earnings of $60 million. Chris Rock’s two specials brought in $40 million.
Eddie Murphy Real Estate
Eddie has owned a lot of excellent residences over the years. Eddie spent time in the 1990s residing in a lavish custom-built mansion in an upscale gated community in Granite Bay, California (close to Sacramento).
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After selling the Granite Bay house, Eddie spent $10 million on a 3.7-acre undeveloped lot in the incredibly elite Beverly Hills area of Beverly Park. A gated neighborhood called Beverly Park is located at the top of Beverly Hills’ most pricey district.
Along with other millionaires, it is home to celebrities, including Mark Wahlberg, Denzel Washington, Rod Stewart, and Sylvester Stallone.
Eddie spent countless millions building a brand-new 40,000-square-foot mansion after purchasing his lot for $10 million in 2001. Thirty-two rooms total—9 bedrooms and nine bathrooms—make up the house. A large pool, tennis court, library, and bowling alley are all on the site.
If put on the market, the mansion would quickly sell for over $30–40 million. Eddie had owned a Beverly Hills property in the 1980s that was marketed for $85 million by a subsequent owner in 2016.
Eddie purchased Rooster Cay, a 15-acre private island in the Bahamas, for $15 million in 2007. He had previously owned Pearl Island, another private island.
Eddie Murphy’s Personal Life
In 1993, Eddie Murphy wed his longtime partner Nicole Mitchell. In 2006, the two got divorced. Nicole reportedly received a $15 million divorce settlement from Eddie. Mel B, a Spice Girl, and Eddie dated from 2006 to 2007.
In 2008, he dated businesswoman Tracey Edmonds. Since 2012, he has been dating model Paige Butcher. From his different partnerships, Eddie has ten kids.