You might be shocked at the names you will see when you enter “Who are the richest Nollywood actors in 2020?” on Google or any other search engine out there.
Before you get confused by the several answers that will pop up, here lies the most accurate and current list of the richest movie stars in Nigeria.
This list of Nollywood’s richest actors has been compiled based on the information from very reliable sources and a careful considerations of their assets, businesses, charges per role and overall net worth. So go on and read it to the end.
Nigeria boasts of some of the highest paid actors in Africa and beyond.
This shouldn’t come as a surprise as the Nigerian entertainment industry (Nollywood in particular) is widely considered a multi billion dollar industry today, leading to some of its actors being extremely rich.
While some of the movie stars in the industry focus only on acting, others have gone beyond that to write, direct and even produce their own films.
Some others have also gone out of the entertainment industry to invest in other sectors of the economy such as real estate and construction business, food commodities, banking and finance, fashion, beauty and cosmetics and so on.
Thereby creating other streams of income for themselves that can be relied upon to take care of their responsibilities and their “epicurean” lifestyles.
So if you are wondering who and who are the wealthiest movie stars presently, below are just a few of them. I hope your favourite star makes it to this list.
Richest Nollywood Actors in Nigeria
Below is the list and profile of all the most wealthiest actors in Nigeria right now.
- Jim Iyke – 30 Million USD
- RMD – 15 Million USD
- Desmond Elliot – 10 Million Dollars
- Chidi Mokeme – 7 Million USD
- Segun Arinze – 5 Million USD
- Ramsey Nouah – 4.5 Million USD
- Mr. Ibu – 4.2 Million USD
- Osuofia – 3.9 Million Dollars
- Pete Edochie – 3.8 Million USD
- Mike Ezuruonye – 3.5 Million USD
1.) Jim Iyke
- Date of Birth: September 25, 1976
- Recent Movie: American Driver (2017)
- Sources of Wealth: Acting, Endorsement deals, Music and Film Productions
- Net Worth (2020): $30 million
Jim Iyke whose real name is James Ikechukwu Esomugha is Nigeria’s richest movie star presently. Apart from being an actor, Jim Iyke is also an entrepreneur and a real business man. He is the CEO of Untamed Productions ( a movie production company) and Untamed Records ( a music recording label).
The veteran actor who is famous in movies for always playing the role of an American-returnee is one of the most celebrated Nigerian movie stars of all time.
Not too long he released an album titled “Who Am I.” In the music album, Jim Iyke featured the likes of 2face and Sound Sultan.
In April this year, the celebrity welcomed his second son and quickly took to his social media handles to share the goodnews with his numerous fans by posting a picture of him carrying the baby.
Jim Iyke’s net worth is currently estimated to be $30 million, making him the richest Nollywood actor in 2019.
- Date of Birth: July 16th, 1961
- Recent Movie: God Calling (2018)
- Sources of Wealth: Acting, Politics, Business, Endorsement deals
- Net worth (2020): $15 million
Richard Mofe-Damijo popularly known as RMD, is the second wealthiest Nollywood actor in 2019. The veteran movie star and television host was once the Commissioner for Culture and Tourism in Delta State, Nigeria.
RMD is currently married to Jumobi Adegbesan and has four children. Two with his current wife and two from his first wife whom he lost to the cold hands of death in 1996.
The former reporter for Concord Newspapers and Metro Magazine made his official debut into the Nigerian film industry with the movie Out of Bounds in 1997. He has gone on since then to feature in over 80 Nigerian movies.
He is presently estimated to be worth about $15 million, making him one of Nigeria’s richest movie stars.
3.) Desmond Elliot
- Date of Birth: February 4, 1974
- Recent Movie : Disguise (2018)
- Net Worth (2020): $10 million
Desmond Elliot who recently celebrated 15th wedding anniversary with his wife Victoria Elliot (December 15th, 2018), is a veteran Nigerian film actor, director, producer and politician.
The actor who was encouraged by his friend to go into acting, is one of the most celebrated Nigerian movie stars today, having starred in over 100 Nollywood movies.
He recently came under fire on social media for calling for a ban on foreign movies in Nigeria in order to grow Nollywood.
He is currently estimated to be worth about $10 million.
4.) Chidi Mokeme
- Date of Birth: March 17th, 1972
- Recent Movie: ‘76 (2016)
- Sources of Wealth: TV shows, Acting, Business
- Net worth (2020): $7 million
Chidi Mokeme the popular host of the reality show “Gulder Ultimate Search” is one of Nigeria’s biggest movie stars.
The veteran actor has starred in many Nollywood movies including: Abuja Connection, Critical condition, The Seed and so on.
He is among Nigeria’s most handsome movie stars also. Presently, Chidi Mokeme is estimated to be worth about $7 million.
5.) Segun Arinze
- Date of Birth: September 24th, 1965
- Recent Movie: Oghenekome (Broken) 2018
- Sources of Wealth: Acting, Music, Tv shows
- Net Worth (2020): $5 million
Segun Arinze popularly known as Black Arrow after he played a major role in the Nollywood movie “Black Arrow” that went viral in the early 2000s.
Segun Arinze is the son of a Yoruba father and an Igbo mother. That is where his name “Segun” being a Yoruba name and “Arinze” being an Igbo name came from.
Also Read: Richest Djs in Nigeria
He is the former head of Actors’ Guild of Nigeria and presently among the richest actors in Nollywood.
The veteran Nollywood actor has starred in so many Nigerian movies. Some of them includes: Anini, Darkest Night, Across the Niger, Church Business, Silent Night, To Love a Thief, 30 Days, A place in the Stars and Invasion 1987.
In 2014, Segun Arinze made his debut into the Nigerian music industry by launching his first album. He is currently estimated to be worth about $5 million.
6.) Ramsey Nouah
- Date of Birth: December 19th, 1970
- Recent movie: Oghenekome (Broken) – 2018
- Sources of wealth:Acting, Tv shows
- Net worth (2020): $4.5 million
One of Nigeria’s most handsome movie stars Ramsey Nouah, has starred in over two hundred Nigerian films since he made his debut into the industry in 1993.
The “Lover Boi” is widely considered Nollywood’s best actor when it comes to playing romantic roles. No other Nigerian actor has starred in so many “Love” movies as he has.
In movies, he has dated and married nearly all the beautiful Nollywood actresses that has been in the industry since the early 2000s.
With a current net worth of about $4.5 million, Ramsey Nouah is presently among the top 10 wealthiest stars in Nollywood.
The veteran Nigerian actor is married to Emelia Philips-Nouah and together the couple has three children. One boy and two girls.
7.) Mr. Ibu
- Date of Birth: October 17th, 1961
- Recent Movie: Village Dangote (2019)
- Sources of Wealth: Acting, Endorsement deals, Music
- Net Worth (2020): $4.2 million
Mr. Ibu whose real name is John Okafor, is a Nigerian actor that became very popular in the country after starring as “Mr Ibu” in the popular movie named after the actor. Nigerians still regard that movie as one of his funniest movies ever.
The multiple award winning actor is one comic star you can’t watch his movies without enjoying them. He is widely considered one of the most talented movie stars in the country and has starred in over 200 Nollywood
Early 2019, news broke out that the veteran actor was down with stroke, something Mr. Ibu himself has come out to debunk as rumours.
Mr. Ibu is married to Stella Maris Okafor and together the couple has about three children.
He is currently estimated to be worth $4.2 million.
- Date of Birth: February 7th, 1958
- Recent Movie: Lionheart (2018)
- Sources of Wealth: Acting, Music
- Net Worth (2020): $3.9 million
Nkem Owoh popularly known as “Osuofia” is a veteran Nigerian film actor and comedian. Since his first movie “Things Fall Apart” in 1987, the popular actor has starred in nearly 200 Nollywood movies.
Osuofia once released a song titled “I Go Chop Your Dollar”, a very popular song that was later banned by the Economic and Financial Crimes Commission and the Nigerian Broadcasting Commission.
The comic actor is one of the top 10 wealthiest stars in Nigeria presently.
Nkem Owoh’s current net worth is $3.9 million
9.) Pete Edochie
- Date of Birth: March 7th, 1947
- Recent Movie: Lionheart (2018)
- Sources of Wealth: Acting, Endorsement deals
- Net Worth (2020): $3.8 million
Pete Edochie is one of the most respected Nollywood stars, the actor who said he started acting since he was 15, has starred in over 200 Nigerian movies.
The multiple award winning actor was once kidnapped in 2009 but was later released by his captors unharmed.
His son Yul Edochie is also a very good actor in the industry.
Pete Edochie is currently estimated to be worth about $3.8 million.
10.) Mike Ezuruonye
- Date of Birth: September 20th, 1982
- Recent Movie: Lagos Real Fake Life
- Sources of Wealth: Acting and Movie Productions
- Net Worth (2020): $3.5 million
Mike Ezuruonye is one of Nollywood’s top 10 wealthiest actors. His good looks makes him one of movie directors’ favourite when it comes to playing romantic roles.
Since his debut In the Nigerian movie industry, the Abia State guy from Uzoakoli has featured in several Nollywood movies.
Some of his best movies includes: Endless passion, Broken Marriage, Critical Decision, Unforseen, Occultic Kingdom, Desire, Unforgivable, The Duplex and Lagos Real Fake Life.
Mike Ezuruonye is one of the most celebrated stars in the industry. He is reportedly married to Nkechi Nnorom and together they have two kids, a son and a daughter.
Though Mike has earned himself a lot of money from acting and movie productions, the movie star leads a very quite life and hardly flunts his wealth on the social media.
With a net worth of $3.5 million in 2020, Mike Ezuruonye is the number 10 on our list of the richest Nollywood stars today.
These individuals featured in this article are the top 10 richest nollywood actors in Nigeria currently in 2020.
I hope you find this useful.