Nollywood is synonymous with Nigerian movies, and which simply means the Nigerian film industry. The term ‘Nollywood’ was initially used by an article published by the New York Times in the 2000s.
There is no real reason behind the adaptation of the term. However, as we have Hollywood in the U.S., and Bollywood in India, in the same vein we have Nollywood in Nigeria.
As the day goes by, many people are so inquisitive to know who the richest actor in Nigeria is. This article is being written to rescue you from your wandering thoughts. There was a certain time, it was rumored that the richest actor in Nigeria happens to be a Yoruba actor. But this was merely an erroneous fallacy that many people carried into hasty generalization. We are going to see all the richest actors that made it on our list and their net worth.
Top 20 richest Nollywood Actors, and their net worth.
Below is a list of the top 20 richest Nigerian Nollywood actors according to Akukor Media.
Richard Mofe Damijo: $15 Million Net Worth
He is one of the veterans or pioneers in Nollywood, and he has acted in several blockbuster movies in the Nigerian film industry. He is also a voice-over artist for big TV and radio commercials.
Apart from this, one of the things that have added to its net worth is signing huge deals with several big brands in Nigeria, and within Africa. It will shock you to know that he is also a politician and also an ex-commissioner for culture and tourism in Delta State.
Desmond Elliot: $10 Million Net Worth
Desmond is a renowned actor and director in Nollywood. He has directed many films produced by Emem Isong of Royal Art Academy. In 2014, he ventured into politics and represented his constituency.
Desmond is not only making money from movies, but he is also earning a living from numerous sources like politics and endorsement. On April 11, 2015, he contested and was emerged winner in Surulere constituency General Elections.
Jim Iyke: $8.0 Million Net Worth
Jim Iyke is not only an actor but also an entrepreneur, he started acting in 2001. Jim is one of the sought-after talents in the movie industry.
He is the owner of ‘Burgeon Table Water’, a clothing line ‘Untamed Closet’, and also the Jim Iyke Foundation in order to help children with special Disabilities.
Also Read: Small Business Ideas to Start in Nigeria
Chidi Mokeme: $7.0 Million Net Worth
Chidi is a triple talent – an actor, TV host, and model. He has been in the movie scene since 1995 and has become so popular in his acting career.
His reputation grew geometrically when he was the TV host for Guilder Ultimate Search, a well-known Nigerian Reality TV Show.
Segun Arinze: $5.1 Million Net Worth
This is a multi-talented man we have in Nollywood. He can act, sing, write, produce, direct, and does TV and radio commercials.
There was a time in Nollywood, that he was called ‘Black Arrow’ due to his crime roles. He rose to fame when he featured in the soap opera ‘Ripples’ in the early 1990s, and ever since he has become one of the key actors in Nollywood.
Mike Ezurounye: $4.7 Million Net Worth
Mike was working in a bank before he became a lead actor. The first movie he acted in was titled ‘Broken Marriage’ and since then he has acted in several movies. He has signed endorsement deals with telecommunication firms such as Glo and Airtel.
Ramsey Noah: $4.5 Million Net Worth
This is the lover boy of Nollywood who has acted in many love movies in Nollywood. Many producers and directors have used him in their movies.
One of the physical features that have made him be used in love movies is his height and complexion. He came into the limelight in 1993 till now he is still active in movies.
John Okafor: $4.2 Million Net Worth
John Okafor is a comic actor known as ‘Mr. Ibu’, and the year 2004 was when he got his breakthrough in Nollywood. He is filled with a lot of humor, imbecilic characters in movies and this has made him outshine his colleagues. Mr. Ibu has acted in many comedy films.
Nkem Owoh: $3.9 Million Net Worth
Nkem started acting in Nollywood in the 1980s. He was also one of the actors in ‘Things Fall Apart written by Chinua Achebe, and the comedy movie ‘New Masquerade’. Some of the popular movies he has acted in are: Ghana must go, Osuofia in London, Taboo, Spanner, Ukwa, and others. He knows how to interpret comical roles, and this has made him famous in Nigerian movies.
Pete Edochie: $3.8 Net Worth
Pete Edochie was a one-time broadcaster before he became an actor. He ventured into acting in the 1980s taking up the lead role in a movie with the name Okonkwo in ‘Things Fall Apart.
After this movie, he became successful and got more lead roles in movies and soap operas. Pete has several accolades prior to acting.
O.C Ukeje: $3.7 Million Net Worth
He came into the movie scene after he won the Amstel Malta Box Office (AMBO) reality TV show. O.C has acted in many box office movies such as Half of a yellow sun, Alan Poza, Confusion Na Wa, and Hood rush.
Olu Jacobs: $3.5 Million Net Worth
Olu is a veteran and also an award-winning actor. He has featured in over 120 Nollywood movies and he is also married to a veteran Nollywood actress Joke Silva.
Emeka Ike: $3 Million Net Worth
Emeka Ike entered Nollywood through the help of his friend in the industry by the name Ernest Obi. The first film he acted in was ‘Deadly Affair’ in the year 1994. He has also acted in love movies alongside Ramsey Nouah with several numerous hit movies to his name.
Kanayo O Kanayo: $2.5 Million Net Worth
He is fondly called KOK, and Living in Bondage was the first movie he acted in the year 1992. Kanayo has featured in many movies. He has even gone ahead to win countless awards in the world of acting. During the centenary celebration, he was one of the actors that were celebrated by the Nigerian government in 2014.
Kenneth Okonkwo: $2 Million Net Worth
Kenneth graduated from Business Administration at the University of Nigeria, Nsukka. In 1991, he acted his first movie titled ‘Living in Bondage’.
Since then, he has never looked back on his acting career. He is an indigene of the Nsukka Local Government Area of Enugu State, Nigeria.
Adekola Odunlade: $1.9 Million Net Worth
Adekola is a famous Yoruba actor who doubles as a director, and producer. He has starred in many featured Yoruba movies. Odunlade has also directed and produced several movies. Not quite long, he completed his multi-million hotel in Ogun State.
Yul Edochie: $1.85 Million Net Worth
Yul is really becoming the fan’s favorite in the movie industry. He is the son of the iconic Nollywood Actor Pete Edochie. In 2007, he came into the limelight after he acted in the movie ‘Wind of Glory’ with other actors such as Genevieve Nnaji and Desmond Elliott. He has also acted in different movies.
Chinedu Ikediezie: $1.6 Million Net Worth
Chinedu (Aki) is best known for acting with Osita Iheme (Paw Paw). He had his major breakthrough in the comedy movie ‘Aki na Ukwa’ and has won several awards.
Luckily for him, he has been endorsed by top leading brands in Nigeria. He has even received special recognition as ‘Members of the Orders of Niger’ from the President of Nigeria.
Osita Iheme: $1.5 Million Net Worth
He is an indigene of Imo State and he came into fame through a movie titled ‘Aki na Ukwa’ where he acted with Aki (Chinedu).
In 2011, he won an award as a Member of the Order of the Federal Republic. He is one of the screen gods making huge amounts of money from acting.
Nonso Diobi: $1.0 Million Net Worth
Nonso is one of the good-looking actors in Nollywood who acted in countless blockbuster movies. He was one time an ambassador for GLO and MTN. He is one of the Nollywood faces that have been around for over a decade now.
Therefore, it shouldn’t come as a surprise why he deserved to be on this list as one of the top 20 richest Nollywood Actors in Nigeria.
We are bringing it to a wrap. If this list comprises of your favourite Nollywood star, let us know in the comment section.