Top 10 Richest Nollywood Actors

The Nigerian film industry has produced some of Nigeria’s best actors, ranging from Desmond Elliot to Richard Mofe Damijo — here are the top 10 richest Nollywood actors.

The film industry in Nigeria makes billions of naira every month and is one of our principal employers. Our actors maintain an extravagant lifestyle because they have accumulated the wealth they deserve. Some of these actors have other businesses besides acting such as property investments, oil, and gas, supermarkets, hotels, and some are involved in politics.

Richest Nollywood Actors

Let’s take a look at the top 10 richest Nollywood actors currently.

Jim Iyke: Net Worth, $30 Million

Jim Iyke

Jim Iyke was born James Ikechukwu Esomugha on September 25, 1976, the son of Mr. and Mrs. Stephen Okolue, in Libreville, Gabon. He started acting in 2001. He is one of the top-paid actors in Nollywood and has popped up in over 150 films.  

He is the ultra-modern villain of Nollywood. In 2007 Jim founded his production company — Untamed productions. He has a son with his baby mom.

Richard Mofe Damijo: Net Worth, $15 Million


Richard Mofe Damijo is one pioneer of the Nollywood industry. He comes from Delta state and has appeared in a lot of films both in Nigeria and internationally.

He was a news reporter before he started acting in the 1990s. The legendary actor, also known as RMD, went into politics for a while and was appointed commissioner for culture and tourism in the state of Delta.

RMD has received a lot of awards and recognition for his name while producing several films.

Richard Mofe Damijo’s cars:

  • Mercedes-Benz GLE 550, worth ₦24.7 million
  • BMW 4 Series Coupe, worth ₦19.8 million
  • Toyota Land Cruiser, worth ₦30.8 million
  • Range Rover Evoque, ₦21.7 million
  • Lexus LX 570, worth ₦35.3 million
  • Toyota Highlander, worth ₦17.1 million
  • Mercedes sedan, worth ₦14.1 million
  • Mercedes G550, worth ₦43.6 million

Desmond Elliot: Net Worth, $10 Million

richest nollywood actors

Oluwashola Desmond Elliot, popularly known as Desmond Elliot, is a Nigerian actor.  He has been in the film scene for over two decades and has appeared in more than 200 films, soap operas, and Television programs.

He is from Lagos state, although his mother is from Delta. He took a temporary break from Nollywood to go into politics, he still makes money from the entertainment industry.

The legislature representing Surulere constituency in the house of assembly of Lagos state has an AMAA award and African magic award.

Desmond Elliot’s cars:

  • A vintage Mercedes-Benz, worth around ₦30 million
  • A Ford Explorer worth ₦13.8 million
  • A Nissan Versa, worth ₦5.8 million
  • A Toyota 4Runner Classical, worth ₦15.9 million
  • A Toyota HiAce, worth ₦15.3 million
  • A 2010 Toyota Camry, worth ₦2.3 million
  • A Range Rover Evoque, worth ₦23.8 million

Chidi Mokeme: Net Worth, $8 Million

Chidi Mokeme

Chidi Mokeme born March 17, 1972 is a Nigerian actor and reality show host. He is from Oba in idemili south LGA of Anambra State, southeastern Nigeria.

He was the anchor of the Gulder Ultimate Search Reality-show. He started his acting career in 2003. He has starred in more than 100 Nollywood films, including Abuja connection, critical condition, his excellency, etc.

He is married and has two kids. Chidi mokeme was once a brand ambassador of a telecommunication company called Zodaphone.

Segun Arinze: Net Worth, $5.1 Million

Segun Arinze

Segun Arinze (born 1965, Segun Padonou Aina) is a Nigerian actor and singer. He is also known as Black Arrow, a nickname he earned after starring in the famous film “Black Arrow”.

It was this film that made him famous and then was nominated as the best new actor at the Africa Movie Academy Awards, the most promising Act, which was seen at the Golden Icon Movie Academy Awards. Segun Arinze is a prolific actor.

Since then he has appeared in over 200 Nollywood films, including Family On Fire, A Palace in the Stars, Across the Niger, Darkest Night, Fragile Pain, Invasion 1897, Extra Time, Women In Love, Anini, To Love a Thief and several other many hit films.


Mike Ezurounye: Net Worth, $4.7 Million

mike ezuruonye

Mike Ezuruonye is a popular Nollywood actor who came into the spotlight in the early 2000s. He is from Abia state in Nigeria and is in his late 30s. Before turning to act, he was a banker at one of the most popular financial institutions in the country.

He also boasts many awards and was once considered the most attractive actor on the scene.

Mike Ezuruonye’s cars:

Mike drives a red Range Rover worth over 20 million nairas and a 25 million naira Mercedes Benz 4Matic.

Ramsey Nouah: Net Worth, $4.5 Million

richest nollywood actors

Ramsey Nouah is well known as the lover boy of Nollywood. He played a passionate role in a lot of his movies.

This earned him a lot of acknowledgments and wealth. He is half-cast, partly Yoruba and partly Israeli.

He was raised in Lagos and has received several awards, including one for his role in the blockbuster, The Figurine.

Ramsey Nouah’s cars:

  • Aston Martin DBS Superleggera, worth ₦110.8 million
  • 1959 Cadillac Coupe de Ville, worth ₦10 million
  • Range Rover Sport, worth ₦24.3 million
  • Tesla Model X, worth ₦48.1 million
  • Hummer H2 Stretch limousine, worth ₦16.4 million
  • Rolls-Royce Phantom, worth ₦128 million

John Okafor: Net Worth, $4.2 Million

Mr Ibu

The compilation of the richest actors in Nigeria cannot be complete without John Okafor. Commonly known as Mr. Ibu, John Okafor is one of the most popular Nigerian actors.

His main film, Mr. Ibu, has brought him tremendous fame, and he has made money ever since.

John Okafor is also from the eastern part of Nigeria, and he also works as a comedian and producer.

He has appeared in over 200 films, including Mr. Ibu, 9 wives, Police Recruit, Mr. Ibu in London, and lots more.

The actor signs endorsement deals with top brands regularly, which makes him a lot of money.

John Okafor’s cars:

  • BMW X6, worth ₦16 million
  • Mercedes-Benz C240, worth ₦15 million
  • Lexus LX 570, worth ₦55 million
  • Mercedes-Benz GLE SUV, worth ₦19.4 million

Nkem Owoh: Net Worth, $3.9 Million

Nkem Owoh

Nkem Owoh is a popular Nigerian actor who is also known for his prominent role in the film “Osuofia”. The movie also has some continuation such as “Osuofia” in London and “Osuofia” in Brazil.

He also has an album with the renowned song “I go chop your dollar” the Nigerian authorities banned that. Mr. Owoh has appeared in more than 200 films, and recently in “Lionheart”.

Nkem Owoh’s cars & house:

He owns a villa in Enugu where he comes from, and he has a Mitsubishi Montero SUV worth over 10 million nairas and a Mercedes Benz 4matic worth over 15 million nairas.

Pete Edochie: Net Worth, $3.8 Million

richest nollywood actors

Pete Edochie (born March 7, 1947) is a veteran Nigerian actor. Edochie is considered one of the most talented actors in Africa and has received the Industry Merit Award from Africa Magic and Lifetime Achievement by Africa Film Academy.

He became popular in the 1980s when he acted the lead role of Okonkwo in an NTA adaptation of Chinua Achebe’s best-selling novel “Things Fall Apart”.

Since then, Pete has starred in hundreds of films and has won awards both locally and internationally.

He is even considered one of the greatest actors in Africa and was honoured in 2003 by Olusegun Obasanjo as a member of the Order of the Niger.

These are the richest Nollywood actors. Do you have a contrary opinion? Let’s hear it in the comments section.

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