Eddie Murphy’s Net Worth in 2023, Biography, Career, and More

Check Out Eddie Murphy’s net worth, including his biography, Career, Age, height, and other details. As of 2023, his net worth is estimated to be approximately $200 million. Eddie Murphy is a multi-talented American personality who is known for his work as an actor, comedian, producer, and director.

Who is Eddie Murphy? More Details

Eddie Murphy is an American actor, comedian, and singer. He became famous for his work on the sketch comedy show Saturday Night Live from 1980 to 1984. He has also worked as a stand-up comedian and is ranked No. 10 on Comedy Central’s list of the 100 Greatest Stand-ups of All Time.

Murphy has received numerous awards and nominations for his work in films such as 48 Hrs., Beverly Hills Cop series, Trading Places, The Nutty Professor, and Dreamgirls. He has also worked as a voice actor, playing roles in Mulan, The PJs, and Shrek series. Murphy has released three studio albums and is known for singing the hit song “Party All the Time” in 1985. His films have grossed over $6.7 billion worldwide.

What is Eddie Murphy’s net worth and salary?

Eddie Murphy is an American actor, comedian, producer, and director who has a net worth of $200 million. He is one of the highest-grossing actors in film history, with his movies grossing nearly $7 billion at the worldwide box office. As of now, he is the sixth-highest-grossing American actor at the box office.

Eddie was consistently one of the highest-paid actors in the world in the late 80s, 90s, and 2000s, earning around $20 million per movie. Throughout his career, he has earned over $300 million in salaries and backend royalties. In 2019, Netflix paid Eddie $70 million to deliver a series of comedy specials, bringing his earnings to at least $420 million during his career.

Murphy’s career took off after he joined Saturday Night Live in the early 1980s, where he became a huge star. He created iconic characters like Buckwheat, Mister Robinson, and Gumby for the show. Murphy was credited with saving the struggling show, and he appeared in 65 episodes from 1980 to 1984.

He was just 19 years old when he joined the NBC show, and his material often tackled race issues in edgy ways. Sketches like “Mister Robinson’s Neighborhood” and “White Like Me” have become classics. In a 2015 list of the greatest SNL cast members to date, Murphy was ranked second behind John Belushi.

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Murphy launched his film career while still on SNL with 1982’s 48 Hours, followed by a series of hits like Trading Places, the Beverly Hills Cop films, Coming to America, Harlem Nights, and Another 48 Hrs.

His box-office draw slightly dropped in the 1990s but was revived with a series of family-friendly movies, including Mulan, the Shrek franchise, Dreamgirls, and The Nutty Professor movies. In 2006, he was nominated for an Academy Award and won a Golden Globe for his role in Dreamgirls. In 2021, he appeared in the rebooted Coming 2 America sequel.

Eddie Murphy Salary Highlights

Eddie Murphy’s salary over the years has varied greatly. In his early days on Saturday Night Live, he earned just $4,500 per episode in 1981. This was later increased to $30,000 per episode. His first major paycheck came in 1984 when he received $1 million for his role in the film Best Defense. Eddie earned $8 million for Beverly Hills Cop II in 1987, which is equivalent to around $18 million today after adjusting for inflation.

The following year, he earned another $8 million for Coming to America. For Beverly Hills Cop III in 1994, he earned $15 million, which is approximately $25 million in today’s dollars. He received $16 million for The Nutty Professor in 1996, $17.5 million for Doctor Dolittle in 1998, and $20 million for Nutty Professor II in 2000. In addition to his salary, he also received 20% of the gross receipts for Nutty Professor II, bringing his total payday to over $60 million for that film alone.

Eddie earned $3 million for Shrek in 2001, $20 million for Doctor Dolittle 2 in 2001, $20 million for The Adventures of Pluto Nash in 2002, $10 million for Shrek 2 in 2004, $4 million for Shrek Forever (potentially as much as $12 million with backend points), and $7.5 million for Tower Heist in 2011. Eddie’s career film earnings from the 1980s, 90s, and early 2000s are estimated to be at least $250 million from salaries and backend points, with his total earnings likely surpassing $300 million.

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Earley Life

Eddie Murphy was born on April 3, 1961, in Brooklyn, New York. He grew up in the Bushwick neighborhood of Brooklyn with his mother, who worked as a telephone operator, and his father, who was an amateur comedian and a transit cop. Unfortunately, Eddie’s father passed away when he was eight years old. Following his mother’s temporary illness, Eddie and his older brother Charlie Murphy lived in foster care for a while.

Later on, his mother remarried. Eddie became a fan of comedy after listening to a Richard Pryor comedy album as a teenager and was also influenced by Bill Cosby. In 1980, at the young age of 19, Eddie joined the cast of Saturday Night Live. At the time, the show was struggling to gain popularity and ratings after losing its original cast members. Eddie’s performance was a major hit and helped lift the show to new heights. Eddie remained on SNL until 1984.

Film Career

After his success on SNL, Eddie Murphy made his big-screen debut in 1982’s 48 Hrs. He went on to star in popular films such as Trading Places, the Beverly Hills Cop franchise, Coming to America, Harlem Nights, and Another 48 Hrs. Although his box office draw slightly declined in the 1990s, he made a comeback with family-friendly movies such as Mulan, the Shrek franchise, Dreamgirls, and The Nutty Professor movies.

Murphy also produced and directed some of his own films, including Vampire in Brooklyn, Life, and Harlem Nights. In 2017, it was announced that he would star in Beverly Hills Cop 4, and in 2019, he reprised his role in Coming to America. In 2006, Murphy received an Academy Award nomination and won a Golden Globe for his role in Dreamgirls.

Eddie Murphy’s Potential $70 Million Netflix Deal for Comedy Specials

In July 2019, it was announced that Eddie Murphy was negotiating a contract with Netflix to produce a series of comedy specials for a whopping $70 million. This is $10 million more than what Dave Chappelle was paid for his three-special contract with the streaming giant, and $30 million more than what Chris Rock received for his two specials.

Personal Life

Eddie Murphy tied the knot with his longtime girlfriend Nicole Mitchell in 1993. However, the couple called it quits in 2006, and Eddie paid Nicole a reported $15 million as a divorce settlement. In 2006, Eddie dated Spice Girl Mel B for a year. He then dated businesswoman Tracey Edmonds in 2008. Since 2012, he has been in a relationship with model Paige Butcher. Eddie has fathered 10 children with different partners.

Philanthropy and Charitable Contributions of Eddie Murphy

Eddie Murphy is a known philanthropist who has made significant donations to various causes such as AIDS healthcare, cancer, education, creative arts, family support, health, and homeless charities. He has also donated to the Martin Luther King Jr. Center and contributed $100,000 to the Screen Actors’ Guild’s strike relief fund.

Religious Beliefs and Views of Eddie Murphy

Although Murphy was baptized as a Catholic, he expressed his preference not to be associated with any religion. However, he shares Christian-based values and beliefs.

The “Eddy Murphy Rule” and Its Connection to the Movie Trading Places

Section 746 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, enacted in 2010, prohibits securities trading based on non-public information that was misappropriated from a government source. This provision is informally referred to as the “Eddy Murphy Rule,” which is inspired by the plot of the 1984 film Trading Places, where illegally acquired market information was doctored and used for short-selling frozen orange juice concentrate.

The Controversial Prostitute Incident Involving Eddie Murphy

In 1997, Murphy was stopped by the police in Santa Monica, California, while he had a transgender prostitute named Atisone Seiuli in his car. Although his publicist, Paul Block, denied any intention of Murphy to pay for sex, stating that Murphy was just giving Seiuli a ride home, the incident caused significant negative publicity for Murphy. While he was not charged with any crime, the incident caused some public relations problems for him.

Eddie Murphy’s Real Estate Ventures

Throughout his career, Eddie Murphy has owned several extravagant mansions. In the 1990s, he resided in a custom-built mansion in a luxurious gated community in Granite Bay, California near Sacramento. After selling the property, he purchased a 3.7-acre undeveloped lot in Beverly Park, one of the most exclusive neighborhoods in Beverly Hills, for $10 million.

The gated community is home to a number of A-list celebrities, including Mark Wahlberg, Denzel Washington, Rod Stewart, Sylvester Stallone, and several multi-billionaires. Eddie invested millions of dollars to construct a new 40,000 square-foot mansion with 32 rooms, including 9 bedrooms, 9 bathrooms, a large pool, a tennis court, a library, and a bowling alley.

If the property were to be put up for sale, it could easily fetch more than $30-40 million. In addition to his Beverly Hills mansion, Eddie previously owned another property in the area that was listed for sale in 2016 for $85 million. He also purchased a 15-acre private island called Rooster Cay in the Bahamas for $15 million in 2007. Before Rooster Cay, he owned another private island named Pearl Island.

Eddie Murphy’s Quote on Money

“Every bad decision I’ve made has been based on money. I grew up in the projects and you don’t turn down money there. You take it, because you never know when it’s all going to end. I made Beverly Hills Cop III because they offered me $15 million. That $15 million was worth having Roger Ebert’s thumb up my ass.“

Eddie Murphy’s Cars

Eddie Murphy has made a luxurious addition to his car collection by purchasing a brand-new Ferrari Portofino for a staggering $700,000 USD. In addition to this, he also owns a Mercedes-Benz GLA valued at over $55,000 USD. Some of the other vehicles owned by Eddie Murphy are listed below, along with their respective prices.

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