How Eddie Murphy Achieved a Net Worth of $85 Million

Eddie Murphy

I am fortunate to have lived at a time in which I grew up watching Eddie Murphy on Saturday Night Live. I watch the famous hot tub scene (Eddie imitating the great Jame Brown) live. I watched Delirious — his first national cable stand-up performance — so many times in college that I know it by heart. Born Edward Regan Murphy, Eddie has become intimately known by the shorter version of his name.

Murphy has not been shy about flaunty the bounty he has earned in the world of entertainment, so everyone has known that he is wealthy; however, it was mostly a guess as to how much he is really worth, at least up to this point. Recently, several sites that specialize in discovering and reporting the net worth of celebrities and athletes reported that Eddie is worth $85 million. Honestly, I thought he would actually be worth more. Don’t get me wrong, $85 million is nothing to spit at, but with the longevity that Eddie Murphy has experienced, it would seem that he would have amassed more wealth. Nevertheless, he has more than most. So, let’s see if we can ascertain how he achieved his current net worth.

Net Worth$85 Million
NameEdward Regan Murphy
Age58
BornNew York City, New York
Birth DateApril 3, 1961
Source of WealthAmerican Actor, Comedian and Singer
CountryUnited States

Eddie Murphy began his career in entertainment as a standup comedian. Being from New York, he was forced to pursue his career in one of the toughest markets in the world. But you know what they say, “If you can make it in New York, you can make it anywhere.” Murphy’s income received a nice upgrade when he started to appear on SNL in 1981, earning a per episode salary of $4,500. That salary would blossom to an impressive (at the time) $30,000 per episode in only one year. He proved to be so popular the satire juggernaut wanted to lock him in for as long as possible.

According to experts, one reason that Eddie’s salary on SNL blossomed was because his movie 48 Hours, a film he co-starred in with Nick Nolte, did so well. The increase in revenue earned Murphy by Murphy would be worth considerably more in an economy in which currency has been so heavily deflated in value.

Another in Eddie Murphy has made a generous amount of his current wealth is through voice acting. He has done some of the most famous voiceover roles in recent memory. His most popular role was probably as the Donkey in the Shrek franchise. He has done so well in this category that he was named as one of the top-10 A-list voice actors in the world. His first installment on Shrek earned him a cool $3 million, but that amount has ballooned to $10 million by the final movie installment.

Eddie also had a role in the box office smash Mulan — a Disney movie that pulled in over $300 million. Despite my downplaying of his wealth earlier in the article, Murphy is actually celebrated as one of the wealthiest actors in Hollywood, possessing a net worth greater than other A-listers like Matthew McConaughey, Liam Neeson, and Michael Caine.

Murphy’s run in film and standup between 1980 and the early 2000s was legendary. His movies, alone, during this period, grossed more than $6.7 billion globally. Eddie became such a pull in Hollywood that he was paid an amazing $20 million for his role in Pluto Nash.

It is right about now that you are starting to do the math, and like me at the beginning of this article, you are starting to see that the numbers are not adding up. While some of the discrepancies can be explained by the fact that Eddie likely spent is money very exorbitantly, especially at the beginning of his career. The biggest hit to his current net worth, without question, was his divorce settlement with his ex-wife Nicole. It is speculated that Murphy may have lost as much as half of his total net worth in that final settlement — giving a whole need perspective to the old adage, “It’s cheaper to keep her.”

Even considering the divorce, Eddie Murphy is not hurting financially. Additionally, his name still carries a punch. Maybe he has lost some of his pull, but he is still considered a legend in the comedy world. So, how much do you feel Eddie Murphy will earn throughout the remainder of his career. Remember, he is only in his mid-50s.


Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Gympass
20 Things You Didn’t Know About Gympass
Away
20 Things You Didn’t Know about Away
Steph Korey
10 Things You Didn’t Know about Away CEO Steph Korey
JD Byrider
How JD Byrider Became a Leading Auto Giant
Massachusetts
How to Apply for Unemployment in Massachusetts
California
How to Apply For Unemployment in California
Pharmaceuticals
Is Denali Therapeutics a Solid Long Term Investment?
New York
How to File For Unemployment in New York
Deschutes River
The 20 Best Things to Do in Bend, OR, for First Timers
Costa Di Mare
The 20 Most Romantic Restaurants in the United States
Ocean Drive
The 20 Best Things to do in Newport, RI For First Timers
Lake Merritt
The 20 Best Things to Do in Oakland, CA for First Timers
2020 Audi Q7 55 side
10 Things You Didn’t Know About the 2020 Audi Q7 55
Gumpert Nathalie EV
10 Things You Didn’t Know About the Gumpert Nathalie EV
Volvo's Polestar
Volvo’s Polestar May Be the Four-Door Electric Car of the Future
2021 Genesis GV80
10 Things You Didn’t Know About the 2021 Genesis GV80
I.N.O.X. Professional Diver
The 20 Best Swiss Army Watches of All-Time
Orrery Tourbillon REF. 2GGBP.U01A
The 10 Best Graham Watches Money Can Buy
Junghans Meister Pilot Chronscope Watch Black Dial Numerals 0273590.00
The 10 Best Junghans Watches Money Can Buy
10 Things You Didn’t Know about Moller Watches
Steven Crowder
How Steven Crowder Achieved a Net Worth of $3 Million
Don Lemon
How Don Lemon Achieved A Net Worth Of $10 Million
Sting
How Sting Achieved a Net Worth of $400 Million
Brooke Baldwin
How Brooke Baldwin Achieved a Net Worth of $1.5 Million