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By Janell Hazelwood | Published July 22, 2011 | Full size is 620 × 480 pixels

NICOLE & EDDIE MURPHY: Nicole Murphy might have been laughing all the way to the bank after opting for a $15 million lump sum payment when she divorced comedian Eddie Murphy in 2006. But recent reports claim that the former model is in major debt after nearly burning through all that money in the last four years. Nicole, who had been married to Eddie for 13 years, had 5 children with him and stuck with him through a 1997 scandal when he was nabbed for picking up a Samoan street walker. Upon their break-up, she could’ve been in for an even more substantial chunk of the comic’s assets, which included $115 million in salary from blockbuster movies such as Shrek and The Nutty Professor. But it had been reported that a prenuptial agreement prevented Nicole from really cashing in.

NICOLE & EDDIE MURPHY: Nicole Murphy might have been laughing all the way to the…

(Image: Getty)