Here we have the net worth of the richest Nollywood actors in 2023. It’s interesting to see that some are earning more now than before. If you want to know where the stars live and the lavish lifestyles they have come to embrace, join us in discovering their net worth today.
Nollywood has given Nigeria’s economy the extra boost it needs in recent years. A study showed that Nollywood earns Nigeria $6.3 billion each year, making it Africa’s biggest movie industry. The movie industry is growing rapidly and of course, the actors are all reaping the benefits.
There is a long list of extremely rich Nollywood actors and actresses who are living pretty well thanks to the industry they are heavily invested in. Let’s look at some of them right now…
You have a lot of questions. I imagine it’s confusing to know how much Nollywood stars make…but I have you covered. At the bottom, you’ll find my list of the Top 20 richest Nollywood actors in terms of net worth. I recommend bookmarking this page as a resource for your 2023 research.
The Top 20 Richest Nollywood Actors In Nigeria
| Ranking | Actors | Net Worth In 2023 |
|---|---|---|
| 1 | Jim Iyke | $30 million approximately ₦12.5 Billion |
| 2 | Richard Mofe Damijo | $7 million approximately ₦2.9 Billion |
| 3 | Desmond Elliot | $5 million approximately ₦2.1 Billion |
| 4 | Ramsey Nouah | $4.5 million approximately ₦1.8 Billion |
| 5 | Clem Ohameze | $4.5 million approximately ₦1.8 Billion |
| 6 | John Okafor | $4.2 million approximately ₦1.7 Billion |
| 7 | Nkem Owoh | $4 million approximately ₦1.6 Billion |
| 8 | Okechukwu Ukeje | $3.7 million approximately ₦1.5 Billion |
| 9 | Chinedu Ikedieze | $3.6 million approximately ₦1.4 Billion |
| 10 | Pete Edochie | $4 million approximately ₦1.6 Billion |
It is a dream come true for a lot of people as when they are young, they always dream to make it big in the acting industry, especially considering that acting is one of the highest-paying careers in Nigeria.
Additionally, Nollywood not only benefits actors. Scriptwriters, producers, directors, costume designers, make-up artists, and more people are making it big in this industry. Here are the richest Nollywood actors and their net worth:
1. Jim Iyke – Net Worth Of ₦12.46 billion ($30 Million)
Nigerian actor James Ikechukwu Esomugha (also known as Jim Iyke) has a $30 million net worth, making him the richest actor in Nollywood. He is the son of eight children, and his debut film in Nollywood was Last Flight to Abuja.
| Name | James Ikechukwu Esomugha |
| Date Of Birth | 25 September 1976 |
| Age | 46 years old (as of September 2023) |
| Birth Place | Libreville, Gabon |
| Spouse | Dana Kinduryte |
| Children | Harvis Chidubem Iyke |
| Net Worth | $30 million approximately ₦12.46 billion |
| Occupation | Actor, entrepreneur, and film producer |
He has worked with actors Hakeem Kae-Kazim and Omotola Jalade Ekeinde. He has won awards for his acting, and he also makes money in investments and as a producer. The following are some of his cars:
- Chevrolet Camaro
- Plymouth Prowler Convertible
- Camero SS Convertible
- Mercedes G Wagon
- Dodge Challenger
- Range Rover Sports
2. Richard Mofe Damijo – Net Worth Of ₦2.91 billion ($7 Million)
Source: Instagram
| Name | Richard Mofe Damijo |
| Date Of Birth | 6 July 1961 |
| Age | 62 years old (as of September 2023) |
| Birth Place | Aladja, Nigeria |
| Spouse | May Ellen Ezekiel (Separated in 1996), Jumobi Adegbesan (2000 to present) |
| Children | Oghenekome Mofe Damijo |
| Net Worth | $7 million approximately ₦2.91 billion |
| Occupation | Actor, writer, producer, lawyer, politician, and former journalist |
Richard Eyimofe Evans Mofe-Damijo (alias RMD) has received many accolades for his excellent acting performances in several Nigerian movies. The Delta State Governor appointed him as the commissioner of culture and tourism when he joined politics in 2009.
Richard Mofe-Damijo’s net worth of $7 million makes him the second richest actor in Nigeria. His cars are on his social media pages; fans have spotted him driving a Mercedes Benz.
- 2014 Toyota High Lander
- 2016 Range Rover sports
- Toyota Land Cruiser
- BMW 4 series coupe
- Lexus LX 570
- Mercedes – Benz GLE
3. Chidi Mokeme – Net Worth Of ₦2.91 billion ($7 million)
| Name | Chidi Mokeme |
| Date Of Birth | 17 March 1972 |
| Age | 51 years old (as of September 2023) |
| Birth Place | Anambra, Nigeria |
| Spouse | Jean Olumba Mokeme (2012 to present) |
| Children | Noah and Emem Daniel Mokeme |
| Net Worth | $7 million approximately ₦2.91 billion |
| Occupation | Actor and reality show host |
Chidi Mokeme is among the richest actors in Nollywood, with a net worth of about $7 million. In addition to acting, he makes money from event management and hosting TV shows. He also endorses brands.
In 2015, Mokeme hosted the Gulder Ultimate Search reality show. He later opened a boutique called GQ Warehouse in Lagos. The actor bought his wife a new Range Rover worth N20 million on Mother’s Day.
4. Kenneth Okonkwo – Net Worth Of ₦2.07 billion ($5 million)
| Name | Kenneth Okonkwo |
| Date Of Birth | 6 November 1968 |
| Age | 54 years old (as of September 2023) |
| Birth Place | Nsukka, Nigeria |
| Spouse | Ogechi Ezekiel (2000–2002), Ifeoma Okonkwo (2007 to present) |
| Children | Ifeanyi and Chukwuchirimeze Okonkwo |
| Net Worth | $5 million approximately ₦2.07 billion |
| Occupation | Actor and real estate magnate |
Nigerian-born businessman Kenneth Okonkwo is best known for his role as Andy Okeke in Living in Bondage, a film about the lives of African immigrants in London. His father died when he was 16 years old, but Okonkwo pressed on to become one of Nigeria’s most successful businessmen.
Actor Kenneth Okonkwo has two children. His first son, Ifeanyi, lives in South Africa with his mother, Ogechi Ezekiel. The actor’s second son is Chukwuchirimeze. It took Kenneth and his current wife, Ifeoma, nine years to have him. Kenneth Okonkwo’s net worth of $5 million places him on the list of the top 10 richest Nollywood actors. He drives the following cars:
- Two Rolls-Royce Phantom vehicles
- Nord Tank
- Range Rover
5. Desmond Elliot – Net Worth Of ₦2.07 billion ($5 million)
| Name | Desmond Elliot |
| Date Of Birth | 4 February 1974 |
| Age | 49 years old (as of September 2023) |
| Birth Place | Lagos, Nigeria |
| Spouse | Victoria Elliot (2003 to present) |
| Children | Desmond Junior, Donald, and Dawn Elliot |
| Net Worth | $5 million approximately ₦2.07 billion |
| Occupation | Actor, director, and politician |
Desmond Elliot is a popular actor from Nigeria. He has appeared in over two hundred films and some TV shows and soap operas. He was inaugurated as one of the Lagos State House of Assembly lawmakers in June 2015.
Desmond was still acting while performing his political duties. He and his wife, Victoria, are proud parents of five children: Donald and four others.
Denzel & Desmond Elliot and Donald & Dawn Elliot are twins that belong in the same set. Denzel & Desmond Elliot’s net worth is about $5 million as of 2023, and they have several expensive automobiles in their collection, including:
- Toyota HiAce 2019
- Toyota 4runner
- Toyota Camry 2010
- Range Rover Evoque
- Ford Explorer 2020
- Nissan Versa
- Vintage Mercedes Benz.
6. Ramsey Nouah – Net Worth Of ₦1.87 billion ($4.5 million)
| Name | Ramsey Nouah |
| Date Of Birth | 19 December 1970 |
| Age | 52 years old (as of September 2023) |
| Birth Place | Edo, Nigeria |
| Spouse | Emelia Philips-Nouah (2002 to present) |
| Children | Quincy, Desiree, and Camil Nouah |
| Net Worth | $4.5 million approximately ₦1.87 billion |
| Occupation | Actor and Director |
Ramsey Nouah was born to an Israeli father and a Nigerian mother from Owo in Ondo State. He has gained the reputation of a lover boy because of his romantic roles in films. In real life, he is happily married to actress Uche Nwadialor since 2002.
The actor rose to fame after he played the lead role in the 2010 romantic film The Figurine. Ramsey Nouah’s net worth is around $4.5 million, and his car collection includes a Porsche 911 Turbo and a BMW Z3 M Coupe.
- 1959 Cadillac Coupe De Ville
- Rolls-Royce Phantom
- Aston Martin DBS superleggera
- Tesla Model X
- Range Rover Vogue 2012
- Hummer H2 Stretch Limo
7. Clem Ohameze – Net Worth Of ₦1.87 billion ($4.5 million)
| Name | Clem Ohameze |
| Date Of Birth | 27 June 1965 |
| Age | 58 years old (as of September 2023) |
| Birth Place | Port Harcourt, Nigeria |
| Spouse | Chinwe Esther Ohamenze |
| Children | Stephanie and Skye Ohameze |
| Net Worth | $4.5 million approximately ₦1.87 billion |
| Occupation | Actor |
Clem Ohameze entered the Nollywood film industry in 1995, and three years later, his starring role in the movie End Time made him a household name countrywide.
Chimwe Esther Ohameze is the actor’s wife. They have two children. In 2007, while he was running for a political seat, some people attacked him and shot his cousin, who died. The attackers also made his car crash.
Clem Ohameze suffered a severe injury while filming The Incident. As a result, the actor took a break from the movie industry. He underwent surgery in November 2021 to regain full movement. Clem Ohameze’s net worth is roughly $4.5 million.
8. John Okafor – Net Worth Of ₦1.74 billion ($4.2 million)
| Name | John Okafor |
| Date Of Birth | 17 October 1961 |
| Age | 61 years old (as of September 2023) |
| Birth Place | Nkanu West, Nigeria |
| Spouse | Stella Maris Okafor (2015 to present) |
| Children | Emmanuel Mandela, Chelsea, and Jay Jay Okafor |
| Net Worth | $4.2 million approximately ₦1.74 billion |
| Occupation | Actor and comedian |
John Ikechukwu Okafor is one of Nigeria’s most popular actors. He came to the limelight in 2004 after starring in a comedy film called Mr. Ibu. The actor has appeared in more than 200 movies.
John Okafor has an estimated net worth of $4.2 million. Before becoming a millionaire, he was a firewood seller, a hairdresser, and a meat butcher. He even lived with a friend in the slums of Lagos.
John and his wife, Graça, lost their first son, Mandela. The actor often shares images of his cars on social media. Fans have spotted him driving a white Ferrari 458 Italia, a black Mercedes-Benz S65 AMG, a white Range Rover Sport, a Mercedes Benz GLE, Lexus LX 570, a 2015 Mercedes Benz C Class, and BMW X6.
9. Nkem Owoh – Net Worth Of ₦1.66 billion ($4 million)
| Name | Nkem Owoh |
| Date Of Birth | 7 February 1958 |
| Age | 65 years old (as of September 2023) |
| Birth Place | Udi, Nigeria |
| Spouse | Ngozi Nkem Owoh (1998 to present) |
| Children | 2 daughters |
| Net Worth | $4 million approximately ₦1.66 billion |
| Occupation | Actor, musician, comedian, and movie producer |
Nkem Owoh was studying Engineering at the University of Ilorin when he began acting. He became famous through his role in the film Osuofia in London and graduated with a Bachelor’s Degree in Electrical and Electronic Engineering.
Nigerian movie fans love Nkem Owoh’s comedic roles. The actor is married and once revealed his two daughters to the public while doing an endorsement deal for MTN. His net worth is around $4 million, and some of his assets are:
- Mitsubishi Montero SUV
- A mansion in Enugu
- A Mercedes Benz 4matic
10. Pete Edochie – Net Worth Of ₦1.66 billion ($4 million)
| Name | Pete Edochie |
| Date Of Birth | 7 March 1947 |
| Age | 76 years old (as of September 2023) |
| Birth Place | Enugu, Nigeria |
| Spouse | Josephine Edochie |
| Children | Yul, Leo, Eva, Uche, Linc, and Gene Edochie |
| Net Worth | $4 million approximately ₦1.66 billion |
| Occupation | Actor and television personality |
Chief Pete Edochie is a talented actor in Africa. Before he joined the film industry, he worked for the Anambra Broadcasting Commission (now called the Eastern Nigerian Broadcasting Corporation (ENBC)).
Pete’s first movie, Things Fall Apart, was released in 1985. He has received many awards for his contributions to Nigeria’s film industry, including an award from Africa Magic.
Pete Edochie has about $4 million in net worth. The actor bought cars for his six children whenever they graduated from university and is blessed with several grandchildren.
Who Is The Richest Actor In Nigeria In 2022?
The richest Nollywood actor in 2023 is Jim Iyke with a total net worth of ₦12.5 Billion.
Frequently Asked Question
Who Is The Highest-Paid Actor In Nollywood?
Richard Mofe-Damijo is the highest-paid actor. He’s reportedly paid ₦2 million per movie.
Who Is The Richest Nigerian Actress?
Genevieve Nnaji is Nigeria’s wealthiest actress, with a net worth estimated at $10 million.
How Much Do Nollywood Actors Get Paid?
Nollywood actors are paid between ₦200,000 and ₦400,000 per film. These figures are dependent on several factors including; the actor’s name, his fan following, the kind of role assigned to him (lead or character), and how good he is as an actor.
Who Is The Richest Actor In The World?
Tyler Perry is the richest actor worldwide, with a net worth of $1 billion.
Some of the richest Nigerian actors will command a massive following on their social media pages. Most of them have over a million followers on Instagram alone. Some publicly flaunt their wealth, while others prefer to keep their riches private.
Conclusion
Now the billion-naira question is, who are the richest Nigerian actors in 2023? The answer is no further than this top 20 ranking. The actors featured command wealth in billions of Naira, some hogging over 10 billion, while others hover in three to four billion as of the time of writing this post.
