In this article we’re going to be diving into Eddie Murphy’s net worth, how he made his money, milestone deals, his assets such as property, cars, boats planes etc. and how he spends his money.
My favorite part was his incredible success through acting – changing his roles to keep up with the times – skip here to find out more!
Let’s get started…
- Net Worth: $20 million USD
- Date of Birth: April 3, 1961
- Gender: Male
- Relationship Status: Girlfriend – Paige Butcher
- Children: 10
- Profession: Comedian, Actor, Song Writer, Director, Producer
- Nationality: American, United States
- Last Updated: 2020
Eddie Murphy Net Worth:
American actor and comedian Eddie Murphy is one of the highest-grossing actors in film history… taking almost $ 6.7 billion at the worldwide box office.
He ranks 6th in the United States for the highest-grossing actor… and throughout the 80s, 90s and 2000s was consistently one of the highest-paid actors – averaging $ 20 million per movie.
To date, Eddie has earned over $ 300 million in movie salaries and backend royalties.
In 2019 Netflix negotiated a $ 70 million deal with the comedian to deliver a series of comedy specials.
With all this in mind… Eddie Murphy’s net worth totals a whopping $ 200 million USD!
|Year||Net Worth $|
|2012||$ 35 million|
|2013||$ 35 million|
|2014||$ 35 million|
|2015||$ 65 million|
|2016||$ 65 million|
|2017||$ 85 million|
|2018||$ 120 million|
|2019||$ 160 million|
|2020||$ 200 million|
Eddie Murphy Early Life:
Eddie Murphy was born in Brooklyn, New York… raised in the neighborhood of Bushwick.
Eddie’s mother, Lillian, was a telephone operator and father, Charles Edward, was an amateur comedian and transit cop – I see where he gets his humor from!
At a young age, his parents divorced and his father found a new woman… however, sadly Charles Edward Murphy was murdered by his girlfriend when Eddie was just 8 years old.
Eddie grew up with his older brother Charlie… and spent a year in foster care when his mother was temporarily ill.
Thankfully she soon recovered and went on to be remarried.
After hearing Richard Pryor’s comedy album as a teenager, Eddie developed his passion for comedy – he was heavily influenced by Bill Cosby too.
At the age of 15, Eddie was obsessed with comedy and was writing his own routines and performing them whilst attending Roosevelt Junior Highschool.
In 1980 Eddie caught his first big break and joined the cast of Saturday Night Live.
At the time the show was struggling… the ratings were down after all the original cast members left, and viewers found the content less funny.
After stepping in one night to fill the last few minutes of airtime with an impromptu stand up set, Eddie became a smash hit – reviving the show and lifting it to new heights!
Eddie became the main comedian… creating well known characters such as Mister Robinson and Tyrone Green; he stayed on the show until 1984.
Want to know more?
Read everything there is to know in his Bounce Mojo Bio!
Eddie Murphy Business Ventures Endorsements & Products:
In 1982, Eddie Murphy made his first big screen debut in the film ‘48 Hours’.
He’s a natural actor… following with box office hit films like the Beverly Hills Cop franchise, Trading Places, Coming to America, Harlem Nights, and a sequel to ‘48 Hours’.
His acting success has rewarded him with a number of golden globe nominations.
In the 90s Murphy’s box office draw dropped slightly… however, he revived his acting career with family-friendly movies like Shrek, Mulan, Dreamgirls, and Nutty Professor.
In 2006, Eddie Murphy was awarded a Golden Globe and was nominated for an Academy Award for his role in Dreamgirls.
In 2017 he returned to the Beverly Hills Cop franchise, creating Beverly Hills Cop 4… soon to be released!
In 2019 Murphy announced his return to the role in Coming to America – looking forward to seeing him in his element!
In July 2019 Eddie signed a $ 70 million deal to create a series of comedy specials for the streaming service.
Eddie Murphy has invested a lot in his career… branching into directing and producing his own films such as Harlem Nights, Vampire in Brooklyn, and Life.
Eddie Murphy Career Earnings By Year
Throughout the 80s, 90s, and 2000s Eddie Murphy accumulated over $ 250 million in earnings from film salaries and backend points.
To date, it’s thought that the actor has topped his income to over $ 300 million.
Here’s a breakdown of Eddie Murphy’s income by year:
|Year||Net Worth $|
|1983||$ 25 million|
|1984||$ 15 million|
|1987||$ 8 million|
|1988||$ 8 million|
|1994||$ 15 million|
|1996||$ 16 million|
|1998||$ 17.5 million|
|1999||$ 47.5 million|
|2000||$ 20 million|
|2001||$ 23 million|
|2002||$ 17.5 million|
|2003||$ 45 million|
|2004||$ 10 million|
|2009||$ 40 million|
|2010||$ 4 million|
|2011||$ 75 million|
|2012||$ 35 million|
In 1981 Eddie Murphy was earning just $ 4,500 per episode whilst on Saturday Night Live, and by 1982 his salary was raised to $ 30,000 per episode – what a success!
Eddie Murphy Movies
Unknown to some – Eddie Murphy is also an artist… releasing music in the 80s debuting his album Eddie Murphy.
Eddie has also appeared in various box office films and shows, here are some of his top picks:
- 1982 48 Hrs
- 1983 Trading Places
- 1984 Beverly Hills Cop
- 1986 The Golden Child
- 1987 Eddie Murphy Raw
- 1987 Beverly Hills Cop II
- 1988 Coming to America
- 1989 Harlem Nights
- 1990 Another 48 Hrs
- 1992 Boomerang
- 1994 Beverly Hills Cop III
- 1996 The Nutty Professor
- 1997 Metro
- 1999 Life
- 1999 Bowfinger
- 2002 I Spy
- 2002 Showtime
- 2007 Norbit
- 2009 Imagine That
- 2010 Shrek Forever After
- 2012 Tower Heist
- Saturday Night Live
Want to know more? Follow the Amazon links above to see him in action!
Eddie Murphy Philanthropy:
Eddie Murphy has donated to a variety of causes, including the Martin Luther King, Jr. Center, AIDS healthcare foundation, and $100,000 to Screen Actors Guild Strike Relief Fund.
During the COVID19 lockdown, Eddie participated in the Feeding American Comedy Festival live stream to raise money for those in need.
How He Spends His Money:
With the net worth of Eddie Murphy totaling a whopping $ 200 million, you might be wondering what the American actor, comedian, and artist spends his money on?
With 10 children through 5 different relationships… Eddie spends a lot of his money on his kids.
After separating from Spice Girl Mel B, Murphy pays $ 51,000 a month in child support for daughter Angel… totaling a whopping $ 10 million a year.
You can just imagine the incredible properties he has banked in his portfolio over the years. Here are some of his more recent purchases and sales:
- In the 90s, Eddie Murphy lived in Granite Bay, California in a custom mansion. He later went on to sell this property.
- In 2001 Murphy purchased a $ 10 million, 3.7 acre undeveloped plot in Beverly Park – the most expensive part of Beverly Hills. He has constructed a massive 40,000 ft2 mansion consisting of 32 rooms, 9 bedrooms, and 9 bathrooms. The property comes complete with a pool, tennis court, library, and bowling alley.
- In 2007 Murphy caught a $15 million, 15 acre private island in the Bahamas, called Rooster Bay.
Eddie Murphy Cars
With his huge net worth, Eddie Murphy has a fine collection of cars. Here are some of his top picks:
- Rolls Royce Phantom Drophead Coupe
- Aston Martin Vanquish
- Ferrari S99 GTB
- Mercedes AMG SLS
Fun Facts about Eddie Murphy
Despite living life in the public eye… here are some fun facts about Eddie Murphy you might not know:
- Eddie Murphy produced music in the 80s… after receiving mixed reviews he chose to stop releasing it. However… Murphy never stopped producing, he has a deep vault of music recorded.
- On Comedy Central’s list of 100 greatest stand-ups of all time, Eddie Murphy ranked #10.
- In total Eddie Murphy has had 6 Golden Globe nominations – talented eh?!
- Murphy had his well known character Buckwheat killed off to stop fans from asking him to do impressions of him.
- In the Shrek franchise, Eddie Murphy sang the soundtracks ‘Believer’ and ‘Livin’ La Vida Loca’.
5 Lessons From Eddie Murphy
There’s a lot we can learn from Eddie Murphy’s success and incredible net worth, here are 5 takeaways from his career:
- Pioneers must be fearless. In order to achieve something others don’t – you have to be persistent and never give up!
- Just because you have nothing, doesn’t mean you can’t create it – be creative.
- Use your experience to spark creativity and develop what already exists.
- Listen to everyone but ignore most of what you hear as not everyone will see your vision.
- Be different, stand out!
Frequently Asked Questions (FAQ’S)
Is Eddie Murphy a billionaire?
No – Not yet anyway he is worth $ 200 million!
How much is Eddie Murphy worth?
Eddie Murphy is worth a cool $ 200 million! – According to BounceMojo.com
Who’s Eddie Murphy’s wife?
Nicole Mitchell Murphy 1993–2006
How much money does Eddie Murphy pay in child support?
Eddie Murphy was ordered by the courts to pay $73,000 a month. The total payment over the years comes to more than $15 million when Andel reaches 18
Summary: Eddie Murphy Net Worth
So there you have it, I’m sure you’ll agree, Eddie Murphy has had a hell of a career.
My biggest takeaway from this is successful film ventures – pivoting his career to keep up with the trends… but I also particularly liked his real estate – he has some stunning properties.
I hope you enjoyed this article – you might also want to check out Eddie Murphy’s Boune Mohi Bio, and the best Bounce Mojo memes.