What is Net Worth? Uses of Net Worth
Net Worth is the combination of two words (Net Worth) that carry equally meaning. It is mostly referred to as financial assets. Nut Net Worth is about financial or Non-Financial assets that are owned by an individual or by a company or firm. Mostly this word is used for most famous persons like singers, politicians, businessmen and many more.
But the main purpose of this statement is to collecting, analyzing and summarizing assets that are owned by one person or company. It is also for annual balance sheets and income statement preparation. So it plays an important role in legal documents. Additionally, it is also shown that how much a person is rich? It includes all assets like houses, cars and bank balances.
It is also used to show the assets and liabilities of a person. It also helps the government to record the data about national wealth. It also controls the illegal activities of wealth in the country. Every famous person is responsible to submit it every year to the government for his records monitoring.
It also helps to make the tax ratio according to people’s wealth power. It shows the nation’s wealth correctly. So it can be said that Net Worth is an important document or statement which helps the peoples and government institution to maintain wealth in the country.
Eddie Murphy Net Worth:$200 Million
Eddie Murphy is a most popular US actor, writer, comedian, producer, and singer; In 2021 Eddie Murphy Total Net Is $200 Million.
The American actor was born in Brooklyn, New York, on April 3, 1961; When he was three years old his parents separated and at the age of nine his father died, Bill Cosby and Richard Pryor were influenced by Eddie at the age of 15 when they saw his writing and performance skills.
Saturday Night Live was the show that he signed Eddie with when he was 19 years old, this show gave him incentives to increase the potential of comedy and later in 1982, he starred in his debut movie 48 Hrs, he did a good job on this movie. which led to him landing lead roles in “Trading Places,” “Beverly Hills Cop” and “Coming to America.”
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During the periods of the 1990s, he faced many ups and downs in his film career as his box office declined, but later he appeared in Mulan, Shrek and The Nutty Professor films, regained his position and gained much traction.
According to one report, Eddie Murphy’s film has surpassed $ 3.8 billion in Canada and the United States, while his films have earned $ 6.6 billion worldwide; According to the 2015 report, he holds the record for the sixth highest-grossing actor in America.
He has made many movies like Beverly Hills Cop, Beverly Hills Cop II, Mulan, Life, Bowfinger, Nutty Professor II: The Klumps, Showtime, The Adventures of Pluto Nash, Dreamgirls, Shrek Forever After, Tower Heist and many others.
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The American star has won many awards such as the People’s Choice Award, the National Society of Film Critics, the Golden Globes, three Emmy nominations, BAFTA and BET awards.