Eddie Murphy Net Worth, Life and a Lot More.
Eddie Murphy’s net wealth and salary:
Eddie Murphy is an actor, comedian, producer, and director from the United States. Eddie Murphy has a net worth of $200 million. Eddie Murphy is one of Hollywood’s highest-grossing actors. His films have grossed approximately $7 billion at the worldwide box office as of this writing. That makes him the sixth-highest-grossing American actor at the box office. In the late 80s, 90s, and 2000s, Eddie was consistently one of the highest-paid performers in the world, routinely making $20 million per movie. Eddie has easily earned over $300 million in pay and backend royalties throughout his career. Eddie was paid $70 million by Netflix in 2019 to perform a series of comedy specials.
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 was a telephone operator and his father was a transit cop and amateur comic. Eddie’s father died when he was eight years old. When his mother became ill, he and his older brother Charlie Murphy were placed in foster care. His mother ultimately recovered and married.
After hearing a Richard Pryor comedy album as a teenager, Eddie became infatuated with humor. Bill Cosby was also a big influence on him. Eddie joined the cast of Saturday Night Live when he was 19 years old, in 1980. The sitcom was failing in the ratings at the time, having lost all of its original stars. Eddie was a huge success, propelling the show to new heights. Eddie worked at Saturday Night Live until 1984.
A Career in Film:
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. Murphy’s box office attraction dwindled in the 1990s but was resurrected by a string of family-friendly films, including Mulan, the Shrek franchise, Dreamgirls, and The Nutty Professor films.
For his role in Dreamgirls, Murphy was nominated for an Academy Award and won a Golden Globe. He has also produced a number of his films, including Vampire in Brooklyn, Life, and Harlem Nights, which he also directed. Murphy revealed in 2017 that he would be returning to the Beverly Hills Cop franchise, this time starring in Beverly Hills Cop 4, which is set to be released shortly. Eddie might be reprising his part in Coming To America in 2019, according to reports.
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Personal Life:
Eddie Murphy married Nicole Mitchell, his longtime lover, in 1993. The two divorced in 2006. Nicole is said to have received a $15 million divorce settlement from Eddie. Eddie was in a relationship with Mel B, a Spice Girl, from 2006 to 2007. In 2008, he dated Tracey Edmonds, a businesswoman. Paige Butcher, a model, has been his girlfriend since 2012. Eddie is the father of ten children from separate relationships.
Eddie Murphy Salary Highlights:
In 1981, he was paid $4,500 for each episode of Saturday Night Live. The following year his remuneration was doubled to $30,000 for each episode. In 1984, he earned $1 million for the film Best Defense, which was his first large salary. For the first installment of Beverly Hills Cop, he was paid $14 million in 1984. After that, he got $8 million for the sequel to Beverly Hills Cop. The next year, he received another $8 million for Coming to America. He was paid $15 million for Beverly Hills Cop III in 1994, which is around $25 million in today’s money.
He made $16 million in 1996 for The Nutty Professor, $17.5 million in 1998 for Doctor Dolittle, and $20 million in 2000 for Nutty Professor II (2000). He also received 20% of the gross receipts for Nutty Professor II, bringing his total earnings from the picture to more than $60 million.
Eddie then made $3 million in Shrek (2001), $20 million in Doctor Dolittle 2 (2001), $20 million in The Adventures of Pluto Nash (2002), $10 million in Shrek 2 (2004), $4 million in Shrek Forever (possibly as high as $12 million with backside points), and $7.5 million in Tower Heist (2011).
In the 1980s, 90s, and early 2000s alone, Eddie made at least $250 million in film salaries and backend points. As of this writing, his cinematic profits are projected to exceed $300 million.
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Project Netflix:
Eddie was reportedly in talks to earn $70 million to record a series of Netflix comedy specials in July 2019. That’s a $10 million increase over Dave Chappelle’s three-special agreement, which netted him $60 million. For two specials, Chris Rock made $40 million.
Eddie Murphy Quote on Money:
“Every stupid decision I’ve made has been predicated on money. You don’t turn down money in the projects, where I grew up. You accept it because you never know when it will all be over. Because they promised me $15 million, I made Beverly Hills Cop III. Roger Ebert’s thumb up my sleeve was worth $15 million.”
Purchasing Real Estate:
Eddie has owned a lot of magnificent residences over the years. Eddie resided in an expensive custom-built mansion in a wealthy gated neighborhood in Granite Bay, California (near Sacramento) in the 1990s. Eddie spent $10 million on a 3.7-acre undeveloped lot in the ultra-exclusive Beverly Hills area of Beverly Park after selling his Granite Bay home. Beverly Park is a gated enclave located at the top of Beverly Hills’ most affluent neighborhood. Stars like Mark Wahlberg, Denzel Washington, Rod Stewart, and Sylvester Stallone, as well as a slew of multi-billionaires, call it home.
Eddie spent untold millions building a brand new 40,000 square-foot mansion after purchasing his lot for $10 million in 2001. There are 32 rooms in the house, including 9 bedrooms and 9 baths. There is a huge pool, tennis court, library, and bowling alley on the grounds. If the mansion were to be put on the market, it would easily get $30-40 million. Eddie’s prior Beverly Hills mansion, which he owned in the 1980s, was marketed for $85 million in 2016 by a subsequent owner.
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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