Eddie Murphy Shares Strange Financial Advice He Received from James Brown, 2011 Clip Shows

Singer extraordinaire James Brown might have died with his empire in disarray, but it wasn’t due to a lack of business acumen or millions in the bank. Instead, his downfall might be attributed to his old-school approach to money management, one that led him to battle the IRS, shelling out eight figures to settle his tax troubles. EddieMurphy, 2021 (YouTube screenshot, The Late Late Show with James Corden, https://www.youtube.com/watch?v=ITAkR27ubAQ) Born to a sharecropper, Brown never fully trusted the system with his Benjamins, especially Uncle Sam. He believed in beating the odds, a sentiment rooted in his understanding of how the system historically exploited Black people. This distrust of traditional financial institutions led him to offer unconventional advice on wealth preservation — advice he shared with others. Comedian Eddie Murphy, who has since amassed an estimated net worth of $200 million, was one of the recipients of Brown’s financial advice. After critiquing Murphy’s raunchy comedy routines, Brown shared a tip that stuck with the young comedian, at least as a memory. James Brown’s Advice During a 2011 appearance on “The Tonight Show with Jimmy Fallon,” Murphy recounted his first meeting with the legend. View this post on Instagram A post shared...