Nicole Murphy net worth: Nicole Murphy is an American model and reality TV star who has a net worth of $10 million dollars. Born in Sacramento, California, Nicole Murphy began her professional career as a model. She met actor/singer/producer, Eddie Murphy in 1988 at the NAACP Image Awards. The two hit it off, and after a year and a half of dating, and the birth of their first child, Bria Murphy, they were married in a 16-minute non-denominational wedding ceremony in front of a host of Hollywood's elite. The couple would go on to have four more children, one boy, and three more girls, over the course of their thirteen-year marriage. They divorced in 2006. Since their divorce, Ms. Murphy has been focused on her children, but now that two of them are grown up, she is relaunching her modeling career and is dating again. She is currently shooting the VH1 series, "Hollywood Exes", which will begin airing June 27th, 2012 and is engaged to former NFL star Michael Strahan.
Nicole Murphy Divorce Settlement and Money Issues
Nicole Murphy received a $15 million one time payment from Eddie Murphy as part of their divorce settlement 2006. Unfortunately Nicole was bilked out of $7 million of her divorce settlement in a failed investment scheme. In 2010, Nicole was rumored to be broke having blown through the other half of her divorce settlement. At the time, it was reported that Nicole Murphy owed $5 million in a mortgage for her house in Los Angeles, $600,000 to her lawyers, nearly $900,000 to the IRS and more. Her financial issues have clearly recovered slightly since 2010, or at least she has chosen a very good person to date, because in December 2013 she and fiance Michael Strahan purchased a $16 million mansion in Los Angeles.