Eddie Murphy’s Net Worth is $200 Million
Ever watched a comedy and couldn’t stop giggling? Was Eddie Murphy featured in that comedy? We wouldn’t be surprised if he was, given the man’s talent for making us laugh. He’s been doing it for years, which is why he’s managed to bag himself a $200 million net worth by 2023. The amount is so incredible, we just had to dig up some details behind it. So, get ready to gasp at the stunning bucks tucked away by the hilarious and oh-so-fab Eddie Murphy!
Eddie’s done it all, from acting to comedy, singing, writing stuff for the screen, producing, directing, and voiceover work. With an unstoppable energy, his magnificent talent has drawn fans across the globe, young and old. With his laughs and can-do attitude, he’s stamped his name deep into Hollywood and comedy history books.
| Name | Edward Regan Murphy |
| Profession | Actor, comedian, singer, screenwriter, producer, director, voice actor and stand-up comedian |
| Net Worth | $200 Million |
| Birthplace | Brooklyn, New York, USA |
| Birthday | April 3, 1961 (Aries) |
| Nationality | American |
| Height | 5 ft 9 in. (175 cm.) |
| Relationship Status | Engaged (to Paige Butcher) |
From Stand-up Comedy to Stardom: Eddie Murphy’s Early Years
Eddie Murphy kicked off his ride to fame and fortune at just 15, stepping into the unpredictable world of stand-up comedy. Turns out, despite his relatively young age, Eddie had a wealth of life experience from which to mine comic gold. Whether he had a vivid imagination or just a very funny life, Eddie could get the crowd rolling in the aisles with laughter.
His life changed when he scored a gig on the renowned comedy sketch show, Saturday Night Live, at the fresh-faced age of 19. The show, with four seasons already under its belt, drastically spun Eddie’s career round and put him on a whole new path. His four-year stint from 1980 to 1984 with SNL thrust him in the spotlight and before he could catch his breath, his acting career was off and running. Soon, his acting resume would eclipse his efforts as a stand-up.
Breaking onto the silver screen with 1982’s 48 Hours quickly boosted him to A-list status. He maintained his place on that list by appearing in box office hits like 1983’s Trading Places, 1984’s Beverly Hills Cop, 1987’s Beverly Hills Cop II, and a bunch more. But Eddie never strayed far from his comedy roots, delivering iconic performances from the stand-up stage in specials like 1983’s Eddie Murphy: Delirious and 1987’s Eddie Murphy Raw. And, because he evidently wasn’t busy enough, he also belted out hit tunes from his 1985 debut album How Could It Be, like “Party All the Time” and “Put Your Mouth on Me”.
Laughing All the Way to the Bank: Eddie Murphy’s Earnings Over the Years
Before he was a big shot, Eddie Murphy was scoring $4,500 an episode on SNL back in ’81. But by the next year, he was raking in $30,000 each episode. However, the real dough started rolling in when Murphy made the leap to the big screen.
One of his early hits came in 1983 with Trading Places, starring his SNL co-star Dan Aykroyd. Trust us, nobody was trading places with him when that paycheck hit. He scored $350,000, with some whispers suggesting it was a cool million. That same year, Eddie bagged another million dollars with the film Best Defense.
The cash river only got wider with Beverly Hills Cop in ’84 when he brought home an eye-popping $14.5 million due to his deal that granted him a share of the film’s profits. He landed another $8 million for the sequel in ’87, though it’s presumed this doesn’t include any profit sharing. The third go-round in ’94 didn’t bring in quite as much dough, though he was still bankrolling $15 million upfront.
Moving onto his laugh-out-loud roles, Murphy pocketed $16 million for The Nutty Professor in ’96. Its sequel, The Klumps, chucked $20 million at him, plus a fifth of the film’s gross receipts, bringing his total take-home to $60 million.
Eddie took a slight pay cut for 2001’s animated hit Shrek, getting paid $3 million. But when the franchise took off, he got a hefty bump to $10 million for the sequel in 2004 and, it has been suspected, between $10 million and $12 million for Shrek the Third in ’07. And the fourth flick? That padded his bank account by an estimated $12 million—$4 million right away, and the rest on the back end.
Branching Out Beyond Showbiz: Eddie Murphy’s Diversified Revenues
Eddie Murphy isn’t just making bank from being a comedy legend; his business mind is just as sharp as his wit. He’s been exploring some profitable sidelines, making him much more than just a denizen of the showbiz world.
Let’s take a look at his production company, Eddie Murphy Productions, Inc., kicked off back in 1984. It’s been the powerhouse behind a ton of hit movies—the Coming To America films and the Beverly Hills Cop films. Though exact figures are elusive, the box-office success of these movies suggest Eddie the Producer made a fair bit of coin on top of what he was taking in as the films’ star.
Apart from the movies, Eddie’s got a pretty tight grip on other investments too. He recently appeared on Jimmy Kimmel Live! and shared that he owns the original Welcome to the Sugar Shack painting by Ernie Barnes. Completed in 1975, the work was intended to be the cover art for Marvin Gaye’s I Want You but gained notoriety for featuring in the sitcom Good Times. Murphy bought the painting for $50,000 from the Marvin Gaye estate following the singer’s demise in 1984. Now? It’s valued at over $22 million.
#AuctionUpdate Ernie Barnes ‘The Sugar Shack sets an auction record for the artist this evening, 27x the previous record set by the artist. After over 10 minutes of bidding by up to 22 bidders, the piece realized $15.275 million. pic.twitter.com/GQOH03vF0a
— Christie's (@ChristiesInc) May 13, 2022
Eddie Murphy’s Splurges and Contributions
First up on the mega-rich list is Eddie’s $20-million digs in North Beverly Park, complete with tennis court, huge pool, and four-car garage. And the word is, the interiors are all kinds of swanky. Eddie’s other pads are nothing to sneeze at, including a Moroccan house spanning 20,000 square feet, a fancy 205-acre farm in New York complete with its own horse barn, and a huge house near Folsom Lake.
And let’s not forget his car collection. Eddie’s love for all things luxury is evident when you take a peek into his garage. It’s packed with some seriously cool rides, including a Rolls-Royce Phantom Drophead Coupe priced at $440,825, a Rolls-Royce Phantom worth $409,000, a Ferrari 599 GTB Fiorano priced at $302,000, and a super-suave black-metallic Aston Martin Vanquish worth a cool $282,000.
In the midst of all this luxury, Eddie makes sure he’s got enough stashed away to give back to the community. From helping to alleviate global poverty to pitching in on the “Feeding America Comedy Festival” 2020 fundraiser, he’s all about lending a helping hand.
A Glimpse At Eddie’s Personal World
Eddie was born to Lillian and Charles Murphy in the Brownsville, Brooklyn, projects. His parents split when he was still young. A few years later, his dad was killed, followed by the deterioration of his mother’s health. Consequently, Eddie bounced between caregivers.
In matters of the heart, Eddie married his first wife Nicole Mitchell: model extraordinaire and mom to five of his kids: Bria, Myles, Shayne, Zola, and Bella. That chapter closed in 2006. He then entered into a short but intense relationship with TV producer Tracey Edmonds. They got engaged in 2007, were married New Year’s Day 2008, then split two weeks later. Now, Eddie’s all set to tie the knot with Paige Butcher, with whom he shares two kids.
In the parenting game, Eddie’s a total superhero, looking after 10 kids from five different moms. From his firstborn Eric in ’89 to his youngest, Max, in 2018, Eddie’s brood brings a technicolor craziness to his life.
Navigating Choppy Waters: Eddie’s Controversies and Legal Wrangles
In 1997, cops nabbed Murphy with a trans prostitute named Atisone Seiuli. Eddie was let go after the cops found zilch to accuse him of, though the gossip mags had a field day.
Then there was the offbeat legal tussle with comic Brando Murphy. The plot thickened when Brando hinted at being Eddie’s son. Eddie was quick to put a stop to the nonsense with a cease-and-desist letter. But boy did it escalate! Brando chucked a massive $50-million defamation accusation at Eddie, the National Enquirer, and The Wendy Williams Show, though the courts would ultimately rule in favor of Murphy (the older one).
On the home front, Murphy had a baby with former Spice Girl Melanie Brown in 2006. At first, he shrugged off the idea of being the dad, but a paternity test didn’t lie. A court order had him shelling out $51,000 every month in child support.
