4 December 2012 3:03 PM, PST | Huffington Post | See recent Huffington Post news »

Eddie Murphy might have once been a hit on "Saturday Night Live" and "Beverly Hills Cop," but these days the actor's claim to fame is landing the title of "Most Overpaid Actor in Hollywood."

Murphy came in at the No. 1 spot for the most overpaid actor this year. A series of recent box office flops -- like "A Thousand Words," "Meet Dave" and "Tower Heist" -- left studios with $2.30 for every $1 they paid Murphy. Last year, the 51-year-old came in second place, making the studio $2.70 for every $1 paid.

Visit Forbes to see the complete list of 2012's "Most Overpaid Actors in Hollywood."

Forbes compiled the list of the 10 most overpaid actors in Hollywood by using data on actors’ earnings from their Celebrity 100 list, plus estimates from Box Office Mojo. Forbes looked at the last three wide-release films the actor made to calculate the investment for the studio, determining how much »

- The Huffington Post

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