Eddie Murphy, a well-known comedian who rose to fame on Saturday Night Live and made a name for himself in Hollywood, has had his fair share of highs and lows. In the 1980s, he was one of the most popular comedians, but in recent years, he has been trying to regain his former glory. Murphy has had a diverse career, going from stand-up comedy to starring in movies, and even trying his hand at singing (remember “Party All the Time”?).
Now, with the release of sequels to his old hits like ‘Coming 2 America’ in 2021 and the upcoming ‘Beverly Hills Cop: Axel Foley‘, we can’t help but wonder how much he has earned over the years. In this article, we will tell you all you need to know about Eddie Murphy net worth and how he made his money!
Eddie Murphy, born on April 3, 1961, grew up in Brooklyn, New York. Lillian, Eddie Murphy’s mother, worked as a telephone operator while his father, Charles Edward Murphy, was both a transit police officer and comedian/actor.
Tragically, Charles passed away and Lillian became ill. Eddie and his older brother Charlie were compelled to live in foster care for a year. Despite this tough time, Eddie started writing and performing his own comedy acts at just 15 years old. He looked up to comedians Richard Pryor and Bill Cosby and their styles influenced him.
Eddie Murphy started his journey to fame when he was only 15 years old, doing stand-up comedy. But it was when he turned 19 that something big happened – he got a job on a popular TV show called Saturday Night Live.
He became really popular and stayed on the show for four years, from 1980 to 1984. Being on SNL made Eddie Murphy famous, and he used that fame to start a successful career in movies. His first movie, 48 Hours, came out in 1982 and was a huge hit. After that, he had more success with movies like Trading Places (1983), Beverly Hills Cop (1984), and Beverly Hills Cop II (1987). But Eddie Murphy didn’t stop there.
He continued to perform stand-up comedy, gaining recognition for his comedy specials such as Eddie Murphy: Delirious (1983) and Eddie Murphy Raw (1987). People loved his sense of humor and he became really famous for it. Not only was Eddie Murphy good at comedy and acting, but he also had musical talent. In 1985, he released his first album called How Could It Be. It had songs like “Party All the Time” and “Put Your Mouth on Me” that became very popular.
Eddie Murphy net worth has greatly benefited from his successful career in films. His movies, such as Coming to America, Beverly Hills Cop, and Shrek, have brought him both praise and a lot of money. The earnings from these films have played a significant role in increasing Eddie Murphy net worth.
Not only has Murphy made money from acting in movies, but he has also earned from his ventures in music, stand-up comedy, and television. His album titled How Could It Be, released in 1985, showcased his musical talents and added to his wealth. Additionally, his stand-up comedy specials like Delirious and Raw were very popular and brought in a lot of money. These different sources of income have contributed to Eddie Murphy net worth as well.
Eddie Murphy is not a billionaire right now. He’s worth about $200 million. However, he’s done exceptionally well as an actor. His movies have made almost $7 billion all over the world, making him the sixth highest-earning American actor.
Eddie Murphy’s salary for each movie can differ. In the past, he was one of Hollywood’s highest-paid actors, earning about $20 million per film. Nowadays, the amount he earns depends on the movie and his role in it. It can range from $4 million to $20 million. Sometimes, he even gets a percentage of the movie’s profits. In 2019, he signed a deal with Netflix to make a series of comedy specials and reportedly received a payout of $70 million for it.
In addition to his successful acting career, Eddie Murphy has made smart real estate investments that have added to his wealth. He owns valuable properties across the United States, including a mansion in Beverly Hills and an estate in Sacramento. These properties have appreciated in value, contributing to his growing wealth. Despite his immense riches, Murphy remains humble and grounded. He is known for generously donating to various charities and organizations.
Eddie Murphy net worth, which is estimated to be around $200 million, is undeniable proof of his incredible achievements in Hollywood. Through his exceptional talent, hard work, and smart choices, he has not only become a beloved entertainment industry icon but has also built a substantial fortune. From his timeless comedy to unforgettable performances, Murphy’s journey serves as an inspiration to all, showcasing that true success can lead to a legacy that transcends both time and financial wealth.
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