Top 20+ Richest Nollywood Actors 2023 And Their Net Worth

Richest Nollywood Actors
Richest Nollywood Actors

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

RankingActorsNet Worth In 2023
1Jim Iyke$30 million approximately ₦12.5 Billion
2Richard Mofe Damijo$7 million approximately ₦2.9 Billion
3Desmond Elliot$5 million approximately ₦2.1 Billion
4Ramsey Nouah$4.5 million approximately ₦1.8 Billion
5Clem Ohameze$4.5 million approximately ₦1.8 Billion
6John Okafor$4.2 million approximately ₦1.7 Billion
7Nkem Owoh$4 million approximately ₦1.6 Billion
8Okechukwu Ukeje$3.7 million approximately ₦1.5 Billion
9Chinedu Ikedieze$3.6 million approximately ₦1.4 Billion
10Pete 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.

NameJames Ikechukwu Esomugha
Date Of Birth25 September 1976
Age46 years old (as of September 2023)
Birth PlaceLibreville, Gabon
SpouseDana Kinduryte
ChildrenHarvis Chidubem Iyke
Net Worth$30 million approximately ₦12.46 billion
OccupationActor, 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:

  1. Chevrolet Camaro
  2. Plymouth Prowler Convertible
  3. Camero SS Convertible
  4. Mercedes G Wagon
  5. Dodge Challenger
  6. Range Rover Sports

2. Richard Mofe Damijo – Net Worth Of ₦2.91 billion ($7 Million)

NameRichard Mofe Damijo
Date Of Birth6 July 1961
Age62 years old (as of September 2023)
Birth PlaceAladja, Nigeria
Spouse May Ellen Ezekiel (Separated in 1996), Jumobi Adegbesan (2000 to present)
ChildrenOghenekome Mofe Damijo
Net Worth$7 million approximately ₦2.91 billion
OccupationActor, 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)

NameChidi Mokeme
Date Of Birth17 March 1972
Age51 years old (as of September 2023)
Birth PlaceAnambra, Nigeria
SpouseJean Olumba Mokeme (2012 to present)
ChildrenNoah and Emem Daniel Mokeme
Net Worth$7 million approximately ₦2.91 billion
OccupationActor 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)

NameKenneth Okonkwo
Date Of Birth6 November 1968
Age54 years old (as of September 2023)
Birth PlaceNsukka, Nigeria
SpouseOgechi Ezekiel (2000–2002), Ifeoma Okonkwo (2007 to present)
ChildrenIfeanyi and Chukwuchirimeze Okonkwo
Net Worth$5 million approximately ₦2.07 billion
OccupationActor 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)

NameDesmond Elliot
Date Of Birth4 February 1974
Age49 years old (as of September 2023)
Birth PlaceLagos, Nigeria
SpouseVictoria Elliot (2003 to present)
ChildrenDesmond Junior, Donald, and Dawn Elliot
Net Worth$5 million approximately ₦2.07 billion
OccupationActor, 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)

NameRamsey Nouah
Date Of Birth19 December 1970
Age52 years old (as of September 2023)
Birth PlaceEdo, Nigeria
SpouseEmelia Philips-Nouah (2002 to present)
ChildrenQuincy, Desiree, and Camil Nouah
Net Worth$4.5 million approximately ₦1.87 billion
OccupationActor 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)

NameClem Ohameze
Date Of Birth27 June 1965
Age58 years old (as of September 2023)
Birth PlacePort Harcourt, Nigeria
SpouseChinwe Esther Ohamenze
ChildrenStephanie and Skye Ohameze
Net Worth$4.5 million approximately ₦1.87 billion

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)

NameJohn Okafor
Date Of Birth17 October 1961
Age61 years old (as of September 2023)
Birth PlaceNkanu West, Nigeria
SpouseStella Maris Okafor (2015 to present)
ChildrenEmmanuel Mandela, Chelsea, and Jay Jay Okafor
Net Worth$4.2 million approximately ₦1.74 billion
OccupationActor 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)

NameNkem Owoh
Date Of Birth7 February 1958
Age65 years old (as of September 2023)
Birth PlaceUdi, Nigeria
SpouseNgozi Nkem Owoh (1998 to present)
Children2 daughters
Net Worth$4 million approximately ₦1.66 billion
OccupationActor, 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)

NamePete Edochie
Date Of Birth7 March 1947
Age76 years old (as of September 2023)
Birth PlaceEnugu, Nigeria
SpouseJosephine Edochie
ChildrenYul, Leo, Eva, Uche, Linc, and Gene Edochie
Net Worth$4 million approximately ₦1.66 billion
OccupationActor 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.


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.

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