The invention discloses diphenylphosphine cumyl phenolic ester and a synthetic method thereof. According to the method, shielding gas is introduced into a mixture of 2,4-bis(1-methyl-1-phenylethyl)-pheno and a solvent, mixed liquid of chlorodiphenylphosphine and solvents is added in a dripping mode, and thermal reaction is carried out after addition; after the thermal reaction is over, the protective gas is stopped from being introduced, temperature is lowered, the solvents are removed through distilling at normal pressure or lower pressure, and light yellow thick liquid is obtained; a crystallizing agent is added to the thick liquid, then a proper amount of activated carbon is added, heat preservation is carried out for 30 min in a reflux state, filtration is carried out at a high temperature, white solid is separated after filtered liquid is cooled, and the diphenylphosphine cumyl phenolic ester is obtained after filtering and drying. The synthetic process overcomes the defect that acid-binding agents are used in conventional phosphite ester compound synthesis reaction, by-products generated due to the reaction are actively extruded by the introduced protective gas, and the procedures of suction filtration, washing, generated amine salt filtration and removal and the like are omitted. Besides, the diphenylphosphine cumyl phenolic ester is directly separated by means of the crystallizing agents, so that the environment pollution problem caused due to the fact that the diphenylphosphine cumyl phenolic ester is obtained through multiple times of washing by means of organic solvents in the prior art is solved.