Eddie Murphy Net Worth

Updated On March 18, 2024 | Published By: sofi | In Net Worth

Eddie Murphy's Net Worth

As of 2022, Eddie Murphy has a Net Worth of $ 200 Million Dollars.
Throughout the late 1980s, 1990s, and 2000s, Eddie was consistently one of the world’s highest-paid actors, earning $20 million per picture.
In 1981, Murphy made only $4,500 for each episode of Saturday Night Live. The next year, his pay was doubled to $30,000 per episode.

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What is Eddie Murphy’s Net Worth and Salary? (Updated 2022)

Eddie Murphy is a comedian, actor, producer, and director from the United States. Eddie is worth $200 million dollars. Murphy is one of film history’s highest-grossing actors. His films have grossed approximately $7 billion at the global box office as of this writing. This places him as the sixth highest-grossing American actor in box office history. In addition, Eddie was consistently one of the world’s highest-paid performers throughout the late 1980s, 1990s, and 2000s, making $20 million per film. Murphy has easily earned over $300 million in salaries and backend royalties during his career. Eddie was paid $70 million by Netflix in 2019 to deliver a series of comedy specials.

Saturday Night Live gave Murphy a national audience and made him a HUGE star in the early 1980s. For the long-running sketch comedy show, he created classic characters such as Buckwheat, Mister Robinson, and Gumby.

Murphy became enamored with humor as a teenager after hearing one of Richard Pryor’s comedy albums. Eddie joined SNL in 1980 when the show was in trouble. Lorne Michaels had departed from the show. The original cast members have all left. Murphy is credited with bringing the show back to life.

From 1980 through 1984, Murphy featured in 65 episodes of Saturday Night Live. He joined the NBC show when he was 19 years old. His material frequently addressed race issues in provocative ways. Classic sketches include “Mister Robinson’s Neighborhood” and “White Like Me.” The show catapulted him to popularity. John Belushi trailed Murphy by coming in first on a list of the greatest SNL cast members of all time, with Murphy in second place.

With 1982’s 48 Hours, Murphy debuted his film career while still on SNL. Trading Places, the Beverly Hills Cop flicks, Coming to America, Harlem Nights, and Another 48 Hours were among his subsequent major smashes. Murphy’s box-office draw fell slightly in the 1990s but was revived by a series of family-friendly films, including Mulan, the Shrek franchise, Dreamgirls, and The Nutty Professor films. Murphy was also nominated for an Academy Award and won a Golden Globe for his performance in Dreamgirls in 2006. Eddie appeared in the rebooted sequel to Coming 2 America in 2021.

Net Worth:	$200 Million
Date of Birth:	Apr 3, 1961 (61 years old)
Place of Birth:	Brooklyn
Gender:	Male
Height:	5 ft 8 in (1.75 m)
Profession:	Actor, Singer, Musician, Television producer, Screenwriter, Voice Actor, Film Producer, Film director, Stand-up comedian, Comedian
Nationality:	United States of America

KEY FACTS

Earned $4,500 per SNL episode in 1981
Salary was bumped to $30k per ep the following season
Earned $14 million for the first “Beverly Hills Cop”
With backend points, earned $60 million for “Nutty Professor II”
Has earned at least $300 million in movie salary during his career
Received $70 million from Netflix in 2019 to record a series of specials
Paid ex-wife Nicole a $15 million divorce settlement in 2006
Has 10 children
Likewise, in 2007 Eddie paid $15 million for a private island in the Bahamas
His Beverly Hills mansion is worth $30-40 million

Early Life

Eddie Murphy was born on April 3, 1961, in Brooklyn, New York. He grew up in the Bushwick area of Brooklyn. His mother worked as a phone operator, and his father worked as a transit cop and amateur comic. Eddie’s father died when he was eight years old. When their mother became ill, he and his older brother Charlie Murphy were placed in foster care. His mother ultimately recovered and married.

Eddie became infatuated with comedy as a teenager after hearing a Richard Pryor comedy record. Bill Cosby was also a big influence on him. Eddie joined the cast of Saturday Night Live at the age of 19 in 1980. The show was failing in the ratings at the time after losing all of its original stars. Eddie was a smash hit who helped to propel the show to new heights. Eddie stayed on at SNL until 1984.

Nicole Mitchell Murphy, Eddie Murphy and children (Source: Fansshare)

Film Career

Eddie made his big-screen debut in 48 Hrs. in 1982, while still on SNL. Trading Places, the Beverly Hills Cop flicks, Coming to America, Harlem Nights, and Another 48 Hours were among his subsequent major smashes. In the 1990s, the box-office attraction for Murphy’s films experienced a slight decline. However, a revival occurred with the release of family-friendly films such as Mulan, the Shrek franchise, Dreamgirls, and The Nutty Professor.

Murphy was nominated for an Academy Award and won a Golden Globe for his performance in Dreamgirls in 2006. He has also produced and directed several of his own films, including Vampire in Brooklyn, Life, and Harlem Nights. Murphy confirmed in 2017 that he will return to the Beverly Hills Cop films, this time starring in Beverly Hills Cop 4, which will be released in the future. Eddie was announced to be repeating his role in Coming To America in 2019.

Personal Life

In 1993, Eddie Murphy married his longtime girlfriend Nicole Mitchell. Whereas, in 2006, the couple divorced. Eddie allegedly paid Nicole a divorce settlement of $15 million. Eddie was in a relationship with Spice Girl Mel B from 2006 to 2007. Later, in 2008, he dated businesswoman Tracey Edmonds. Since 2012, he has been dating model Paige Butcher. Eddie is the father of ten children from various relationships.

A rare picture! Eddie Murphy with all his ten children in a single photo! — Source: Instagram (Eddie and his children and family)

Eddie Murphy Salary Highlights

In terms of income, Murphy earned only $4,500 for each episode of Saturday Night Live in 1981. The following year, they increased his compensation to $30,000 per episode.

His first significant payday came in 1984 when he received $1 million for the film Best Defense.

He made $8 million for Beverly Hills Cop II in 1987, which equates to about $18 million today after inflation. The next year, he earned an additional $8 million for Coming to America. He made $15 million for Beverly Hills Cop III in 1994, which is around $25 million in today’s currencies. Moreover, he was paid $16 million for The Nutty Professor (1996), $17.5 million for Doctor Dolittle (1998), and $20 million for The Nutty Professor II (1998). (2000).

In terms of income, Murphy earned only $4,500 for each episode of Saturday Night Live in 1981. The following year, they increased his compensation to $30,000 per episode.

His first significant payday came in 1984 when he received $1 million for the film Best Defense.

He made $8 million for Beverly Hills Cop II in 1987, which equates to about $18 million today after inflation. The next year, he earned an additional $8 million for Coming to America. Furthermore, he made $15 million for Beverly Hills Cop III in 1994, which is around $25 million in today’s currencies. He also received $16 million for The Nutty Professor (1996), $17.5 million for Doctor Dolittle (1998), and $20 million for The Nutty Professor II (1998). (2000).

Netflix Project

Eddie was reportedly in agreement to acquire $70 million to record a series of comedy specials for Netflix in July 2019. That’s $10 million more than Dave Chappelle earned for his three specials. For two specials, Chris Rock earned $40 million.

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.”

Real Estate

Eddie has owned a lot of amazing residences over the years. He resided in an affluent custom-built mansion in a wealthy gated neighborhood in Granite Bay, California (near Sacramento) in the 1990s. However, Eddie spent $10 million on a 3.7-acre undeveloped lot in Beverly Park, an exceedingly elite Beverly Hills suburb, after selling his Granite Bay home. Beverly Park is a gated community at the top of Beverly Hills’ most affluent neighborhood. It is home to celebrities such as Mark Wahlberg, Denzel Washington, Rod Stewart, and Sylvester Stallone, as well as a handful of multi-billionaires.

Eddie spent untold millions of dollars building a brand new 40,000-square-foot mansion after purchasing his lot for $10 million in 2001. The house includes 32 rooms, including 9 bedrooms and 9 baths. There is also a huge pool, tennis court, library, and bowling alley on the grounds. If it were to go on the market, the mansion would easily garner between $30 and $40 million. A subsequent owner marketed a Beverly Hills property of Eddie’s in the NUM0s for $85 million in 2016.

Eddie bought $15 million for Rooster Cay, a 15-acre private island in the Bahamas, in 2007. He formerly owned Pearl Island, another private island.

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