He may be hosting next year's Oscars, but Eddie Murphy has been named the second most overpaid star in Hollywood!

The Shrek star follows right behind actress Drew Barrymore who tops the list bringing in just $0.40 for every dollar she’s paid. Ouch!

Eddie fares considerably better providing a $2.70 return for every buck in his pay check, but he’s still the most overpaid male on the list, with flops like Meet Dave not setting the box office alight.

PHOTOS: Stars Show Off Their Hot Bods In LBBs

Forbes Magazine compiled the list of Hollywood’s Most Overpaid Actors did the math.

The business mag also put Will Ferrell, Reese Witherspoon and Denzel Washington on the unenviable list with films Land of the Lost, How Do You Know and Unstoppable all being scars, respectively, on their careers.

Funnymen Adam Sandler and Vince Vaughn are surely not making studio execs laugh much these days as they came in seventh and eighth place – both bringing in $5.20 per dollar earned.

PHOTOS:  Suri Cruise Smiles During Carousel Ride

And former couple Tom Cruise and Nicole Kidman round up the top ten with just over six dollars return on investment.

The list took into account the last three non-animated movies each star made in the past three years.

For every $1 these stars get paid they make the studios...

RELATED STORIES:

PHOTOS: Stars Who Look Like Other Stars

PHOTOS: A-Listers Before They Were Stars

PHOTOS: Bikini Wars! Sexy Stars Who Have Posed For Playboy

Reality star, cookbook maven and margarita mama Bethenny Frankel wasn’t at all shy when she graced the cover of Forbes magazine -- announcing that she had sold her Skinnygirl empire for a rumored $120 million.

However, the entrepeneurial reality star is trying to be much more discrete about how she financed her latest conquest: a New York apartment.

Don’t worry Little Monsters, she loves you even when she’s feeling down.

In her first interview since being earning the #1 spot on the “Celebrity 100” 2011 List by Forbes magazine, Lady Gaga opened up and revealed that despite her phenomenal success she still feels she doesn’t have the perfect life.

PHOTOS: Lady Gaga Throws Cookies To Her Fans

The King of Pop is still King - at least when it comes to bringing in the bucks.

Michael Jackson has been named the top dead celebrity earner, according to Forbes magazine.

The Thriller singer earned $275m in the last year; that's more than any other celebrity, dead or alive, except talk show icon Oprah Winfrey.

Michelle Obama was crowned Forbes Magazine's Most Powerful Woman of 2010, RadarOnline.com has learned, as the First Lady edged other big names such as Oprah Winfrey (#3), Hillary Clinton (#5) and Lady Gaga (#7) for the honors.

PHOTOS: First Lady Michelle Obama Joins Stars at Lakers/Celtics NBA Finals

High-profile celebs spiked in this year's ratings as opposed to a year ago, when German Chancellor Angela Merkel captured the title, while First Lady Michelle Obama was ranked #40, with Winfrey camped next to her at #41.