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Eddie Murphy's Ex-Wife Blows Through $15 Milli In 4 Years And Is BROKE?!

 

Word on the street...and at the banks...is that Eddie Murphy's ex wife, Nicole Murphy (who now dates Michael Strahan), has blown through the large divorce settlement she received. We've got the deets when you read on...

 

 

According to reports, yes it's the National Enquirer but something just sreams TRUE to us, Eddie Murphy's ex wife Nicole received a $15 million settlement from her divorce in 2006.  Not only did she spend all of her money, she owes the IRS $846,000 and was forced to put her mansion up for sale. When Nicole decided to divorce Eddie, she opted for the one time payment instead of monthly installments.  SMH.  Bad idea if you can't budget and plan.

And the IRS aren't the only people she owes money to.  Nicole also owes a law firm $600k, $60k to a landscaping firm, and owes $5 mill on her LA home. A friend of Nicole says that she's in financial trouble because of numerous bad investments she chose to make with her money. 

Hmm...I wonder if she'll ask her boo Michael Strahan for some money? I hope she finds a come-up fast.

Could you blow through $15 million in 4 years? 

Comments

WANT YOUR OWN AVATAR? GET IT HERE.

If this is true that is

If this is true that is sad. Lucky for her she had 5kids with Ed. 2 are still under 18 so at least she has child support 4 to buy food and petrol.
lilkunta's picture

I don't believe this story. I

I don't believe this story. I heard that her and Michael broke up months ago. Secondly, she's been in that lifestyle too long to make mistakes like that. Most people stay rich by investing. Secondly, I'm sure she has a job even if it's not a regular 9- 5. This woman is fabulous, forty- something, and I think she still has a few young ones at home. I don't know their exact age but I do beleieve her and Eddie had 5 kids. So basically I'm not buying it
Anonymous's picture

The market took a nose dive a

The market took a nose dive a few years after she got that settlement. Maybe she bought real estate or maybe she made investments that seemed ok at the time but crashed and burned along with the market. Taking the money upfront was the right decision. If someone has to pay you $20 a month every month for the rest of your life, that money loses value every year. Better to take the lump sum and invest it. Is she is broke; it sounds like she is a victim of the recession. Also, $15 million isn't much given all the money Eddie Murphy has -- she got hosed. Maybe she signed a prenup?
Anonymous's picture

No I could not that is so

No I could not that is so immature for a woman of her age that still has minor children to take care of. She has been dating Michael Strahan seems he should have been helping her and if he wasnt then she should have been moved on. I keep hearing she is or was a model where is her money that she earned. These woman better learn you better save and have your own.
ms nay's picture

First off Strahan shouldnt

First off Strahan shouldnt have to take care of a woman that got 15 mill in a settlement. How can you blame him for her bad decisions hes not in the poorhouse because he has common sense she obviously doesnt .You dont put all your money into investments because they arent guranteed. I dont feel bad for her she is grown and should know better stop playin the man gotta take care of me bs thats soo 1950's
Fox's picture

what a dumb bitch nd eddie

what a dumb bitch nd eddie aint gon give her shit hahahahahahaha
welloff's picture

Floyd Mayweather Bet $40,000

Floyd Mayweather Bet $40,000 on the Miami Heat & wins big www.freshandsavvy.com
Gamble's picture

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sekisfe's picture

that heffa is uglay! she

that heffa is uglay! she didn't have 3,000 to deflate that left tittay?
Anonymous's picture

that heffa is uglay! she

that heffa is uglay! she didn't have 3,000 to deflate that left tittay?
Anonymous's picture

And she's

And she's ugly..lol..priceless!
Ms. B's picture

And she's

And she's ugly..lol..priceless!
Ms. B's picture

And she's

And she's ugly..lol..priceless!
Ms. B's picture

And she's

And she's ugly..lol..priceless!
Ms. B's picture

I can see how a woman used to

I can see how a woman used to living that lifestyle could blow through that much money in four years. My paycheck is gone as soon as I get it, with enough money to last until I get paid again. Bills, kids, food, gas, etc...saving money is almost impossible.
Anonymous's picture

Yeah, I could burn through

Yeah, I could burn through $15 million in 4 years, but the proviso would be that I had the means and talent to continue earning enough income so that it wouldn't cause me to lose sleep. However, if you're a professional wife with no husband you gotta think smart. Unfortunately, Nicole comes across as one of those dumb women who have coasted through life on her looks (personally I don't think she's attractive, she looks like a man in drag). Coasting on your looks is not a fool proof life plan. Maybe it's not too late for her, I only hope her daughters are watching and learning.
Bubbles's picture

I agree with you! It is very

I agree with you! It is very possible to blow through that amount of money if she was still trying to live the same lifestyle she was when she was married to Eddie Murphy. The difference back then was he was doing movies (Shrek, Daddy Day Care, Dr. Doolittle) on a regular and bringin in checks on a regular. Sinc eshe was not a finance major in college and probably have no hand in the hosehold finances when she was married, she had no clue what to do with $16M when it was given to her. If anyone who never had that lump sum amount of money before all of a suddenly got it, of course they would think it would last forever or at least a long time. She was hopping to probably get remarried to someone with paper before it ran out. Michael Stahan already got burned once and probably is still paying alimony and child support. He is only making money on commercials, endorsements and a few tv and movie cameo's. he isn't making that NFL dough anymore. He isn't looking to get remarried and be taken to the cleaners again. She sould have taken the monthly payments and some child support. If she was investing her money in the stock market or real estate she definetly lost a grip in th epast few years. She should have opened a boutique or something and lived a modest lifestyle. Get an agent and get some modeling gigs or some Revelon commercials...something besides hanging on Mike's arm. Money go quick when you dipping in it and not putting anything back in the bank account. She should have had Plan A, B and C in the works before she signed those divorce papers. However, at the end of the day, we don't know if the story is true since it is coming from the Enquire...but it is possible.
ANY1's picture

OMG....You took the words

OMG....You took the words right out of my mouth!!!!!!!!!!!!!!!!!!!
Anonymous's picture

OMG....You took the words

OMG....You took the words right out of my mouth!!!!!!!!!!!!!!!!!!!
Anonymous's picture

she played herself trying to

she played herself trying to live the glamorous life. she should have lived modestly and she wouldnt have ever had to work.
leesh's picture

What's that Eddie Murphy

What's that Eddie Murphy song: "Party all the time?" Maybe she shouldn't have listened to that!
Ann's picture

I could see how she could

I could see how she could blow that money! She was busy living the Hollywood lifestyle even though she had no talent to earn or maintain the money! She honestly thought that Michael would have married her by now... wrong!
Anonymous's picture

blew $15

blew $15 million??pffftt....please-that's just ri-dunk-alous..& for all the people saying that she needed financial education..that's bullshit.All it takes is common sense,surely she can add & subtract,right???My broke ass has been laid-off,it seems like forever.Yet all of my bills are paid,we always have food,and I managed to give my kid the same kind of good Christmas like always.(w/out any kind of public assistance or help).From day one,after I found out how much my unemployment check would be,I sat my lil black ass down & calculated my bills,the fact that Christmas was coming,&I completely got rid of unnecessary expenses such as shopping sprees,nails,hair getting done,all the little things we normally take for granted.LOL(I did buy me a good "interview wig "tho)-seriously though,I still have $$ leftover & it's not so bad considering. It baffles me how this chick screwed up all that dough.I could do miracles w/it.
Anonymous's picture

Okay... Its a blessing when

Okay... Its a blessing when we use wisdom that God has given us. Much blessing to you.
so proud of you's picture

Your story is my story, my

Your story is my story, my sister. I have been unemployed for forever and a day but the fridge stays full, my bills is paid and my children had a lovely Christmas without help from a man or welfare. Still got a few dollars in my pocket because I don't want to go into the new year broke. Keep it up girlfriend. Black women get a lot of flak from society and our men but we know how to make shit happen. And P.S. I got my interview wig too :)
Black Feminista's picture

OMG!!! I have a gym wig. So

OMG!!! I have a gym wig. So I'm not alone. Cool.
Anonymous's picture

I applaud you for adjusting

I applaud you for adjusting to your circumstances and cutting back the unnecessary things that we take for granted. You should be proud of yourself. You probably could do seminars or write a best-seller on how you survived the worst recession on unemployment. I like to hear positive stuff like this. You make us proud. Keep doing what you do and best wishes on becoming gainfully employed (or self-employed) in 2011.
Teena Marie fan's picture

I applaud YOU for giving some

I applaud YOU for giving some positive feedback to a sistah! It's so good to see that on this site because it's so rare! YOU made ME PROUD! Many many blessings to you in 2011!
KEEP IT SIMPLE...STOOPID's picture

She needs to take some of

She needs to take some of that money and get them boobs evened out. They look lopsided in that black dress.
Arbor Mist Is the Bomb!'s picture

If I was used to living

If I was used to living lavishly, probably. But the smarth thing to do would have been to get a trustee to parcel out the money according to need and not want, or to have taken the installments. Not cool Nicole.
Arbor Mist Is the Bomb!'s picture

I guess Eddie will loan her

I guess Eddie will loan her some cash, I mean, if she's eally in big trouble. On the other hand, I agree with some comments here: she's a gorgeous with 5 kids. Okay her man gives her love but can't he pay her bills, bills, bills?
MISHKA's picture

well damn...smh when in doubt

well damn...smh when in doubt take the installments
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sekisfe's picture

-ONLINE STORE—“ ==== (

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sekisfe's picture

sucks for her.

sucks for her.
AMBRIELLE's picture

Like the article said, she

Like the article said, she made some bad investments. Listening to these shady brokers will get you in that type of situation. Investors are just out for themselves, it is always good to get educated in finances when you receive a large lump sum of money. I won't deny she was probably living way over budget too. But wait 15 mil that is just too low of a settlement being married to Eddie Murphy, he gets more than that a movie.
Lavish's picture

That"s it right there. Shady

That"s it right there. Shady azz brokers with Ivy league degrees pulling fast ones on celebs. Happens every day.
Bronze Duchess's picture

SHE IS GORGEOUS ; very dumb

SHE IS GORGEOUS ; very dumb ..dumb as hail i tweeted her shade one time for fun and she responded back like really asking me so funny but strahan she hooked up with him after HIS wife took MOST of his money she needs to ask her former neighbor KIM K for kris pimp to manage her
Anonymous's picture

Nicole better work that lite

Nicole better work that lite skin, tight body, & colored eyes on another millionaire so her bills can get paid Im sure she wasnt used to managing that type of money. With the millionaire being gone from the home, tht money should have been HEAVILY BUDGETED Nicole never downgraded her lifestyle... thts the problem
ThickLikeGumbo's picture

Work that lite skin? What is

Work that lite skin? What is that supposed to mean. Also is your ' key not working? You seem to missing a few.
Anonymous's picture

U know EXACTLY wht i mean.

U know EXACTLY wht i mean. THIS is reality- - light skin is worshipped Fanny cheats= she gets dogged A.Keys cheats= she is given awards & Vogue covers
ThickLikeGumbo's picture

One issue has nothing to do

One issue has nothing to do with the other! Her being light skinned did not cause her to be broke. And I hate when people play the shade game when it comes to dumb ass choices. The reason Fanny got dogged out is becuz she chose to flaunt the married man in everyone's face! She had his name tattooed on her for all to see, he was on her reality show for all to see, and she was running around with him for all to see. Alicia was low key with hers, and it was only speculation and rumor until she showed up pregnant. She got blasted too, but she was a little bit more private with her dirt. Soooo please stop playing the shade game!
Anonymous's picture

One issue has nothing to do

One issue has nothing to do with the other! Her being light skinned did not cause her to be broke. And I hate when people play the shade game when it comes to dumb ass choices. The reason Fanny got dogged out is becuz she chose to flaunt the married man in everyone's face! She had his name tattooed on her for all to see, he was on her reality show for all to see, and she was running around with him for all to see. Alicia was low key with hers, and it was only speculation and rumor until she showed up pregnant. She got blasted too, but she was a little bit more private with her dirt. Soooo please stop playing the shade game!
Anonymous's picture

I could blow through $15

I could blow through $15 million in 4 years but I wouldn't. I'd might blow through 5 and use the other 10 2 build more wealth but im intelligent.
TheFashionistachic's picture

Dam! How can anyone blow $15

Dam! How can anyone blow $15 mil in just 4 years? First off, if U only got $15 mil U shouldnt be buying a $5 million dollar house. If thats the only money U gonna get for the rest of your life U only want to spend $5 if its gonna generate income for U. She could have bought 2 or 3 apartment buildings for that much. Bad Investments? What she never heard of Fidelity? They have High Interest paying accounts with little risk just for rich people. All U gota do is ask. Im just saying...
Number 33's picture

No, I couldn't.

No, I couldn't.
Anonymous's picture

Well at least she has a

Well at least she has a flawless body, paid for or not!
DC_1's picture

That is what I say. When you

That is what I say. When you have a flawless body like that...somebody will pick up the tab.
Bronze Duchess's picture

Yes, its easy to blow through

Yes, its easy to blow through that much money when you are uneducated and rely on others to give you business and investment advice. So often on these message boards black folks put money ahead of education and all else with one phrase "She/he rich. He can do whatever". You won't be rich for long if you put your trust in the wrong places and people. Not only did she make bad investments but she is used to living a high life and relying on her looks to bring in another baller to replace whomever is footing the bill at the time to keep the lifestyle high and fabulous. And, by the looks of things, she has trained her daughter just the same, only she is a trust fund baby with a rich daddy as a backup plan. SMDH! Rich or poor, black people, a good education is your best assett.
Annie Anonymous's picture

She looks scary, like a

She looks scary, like a halloween witch, people say she's so pretty why....the eyes, hair and skin?????? sometimes all it takes is light skin and curly hair to be put on a pedestal, because this "women" look scary and manly, Jada Pinkett has a similar sunk in masculine face and yet people say she looks a bony, manly mess. Yet, but Nicole is so pretty. Can you say Brendan Mcdaniel a.k.a Candis Cayne
Mean at heart's picture

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