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Top 10 Richest Nollywood Actors


Movie industry in Nigeria is divided largely along regional, and marginally ethnic and religious lines. The Northern part of the country have their own movie industry called ‘Kennywood’ while the South- Eastern part of the country is popularly ascribe to as ‘Nollywood’.  Thus, there are distinct film industries each seeking to portray the concern of the particular section and ethnicity it represents. However, there is the English language film industry which is a melting pot for filmmaking and filmmakers from most of the regional industries.

There is much ado about Nollywood and for good reason. Nollywood is the colloquial name given to the Nigerian film industry. Nigeria is one of the largest films industries in the world based on quantity of films produced placing them right below India’s Bollywood and above USA’s Hollywood.

This content is set out to evaluate critically the top 10 richest Nollywood actors in Nigeria as many people always seek to know about the net worth of actors so they can also make comparison to further distinguish between them.


1. Jim Iyke

  • Real  Name: James Ikechukwu Esomugha
  • Stage Name: Jim Iyke
  • Net worth: $25 million

Jim Iyke was born on the 25th of September 1976, to Mr and Mrs Stephen Esomugha in Libreville, Gabon. He is the only boy amongst his siblings. He hails from Enugu Agidi village in Anambra State.

Jim Iyke had his primary school education at Gabon and relocated to Nigeria after his primary education. On returning to Nigeria, he enrolled at the Federal Government College, Kwali, Abuja, for his secondary education. Afterwards, he went to the University of Jos where he studied Psychology. He also has a diploma in Banking and Finance.

Jim Iyke is the richest actor in Nigeria now. This famous actor has acted in over 150 movies. He is wealthy and loved by his fans who know that his real name is James Ikechukwu Esomugha. The star of American Driver (2017) is very successful.

Jim’s net worth is approximately 25 million U.S. dollars.


2. Richard Mofe-Damijo


  • Real  Name: Richard Mofe-Damijo
  • Stage Name: RMD
  • Net worth: $15 million

Richard Mofe-Damijo popularly known as RMD is a Nigerian actor, writer, producer, and lawyer. In 2008, he was appointed a special adviser, and in 2009, he became an honorable commissioner of culture and tourism in Delta State. He is a legend in the movie industry.

The winner of the Best Actor title in 2015 is still very popular in 2020. This veteran Nollywood star is also known as RMD. He is most loved for his role in the Ripples television series.

His net worth is approximately 15 million U.S. dollars.

Desmond Elliot
Desmond Elliot

3. Desmond Elliot

Real  Name: Desmond Elliot
Stage Name: Elliot
Net worth: $10 million

Desmond Elliot’s father is from Olowogbowo, Lagos State, while his mother hails from Illah, Oshimili North, Delta State Nigeria. He grew up in the Northern part of Nigeria, with his parents and siblings.

He had his primary education at the Air Force Primary school, Jos, while his secondary education was at St John’s College, Jos. Desmond obtained a BSc. degree in Economics from the Lagos State University, Ojo, Lagos (LASU) in 2003. He is married to Victoria Elliot, and they are blessed with four children – 2 sets of twins.

Some people achieve great results in different lines of work. For example, Desmond Elliot is not only a great actor but also a famous politician. Having approximately 200 films behind his back, this successful man is one of the top 20 richest Nollywood actors in 2020.

His net worth is about 10 million U.S. dollars.


4. Chidi Mokeme


  • Real  Name: Chidi Mokeme
  • Stage Name: Chimo
  • Net worth: $8 million

Chidi Mokeme the amiable Nollywood Actor was born on 17 March 1972. He is an indigene of Anambra State. He is a Nigerian actor, loving husband, doting father and reality show host. He is the host of Gulder Ultimate Search reality show. The 44-years-old dapper is definitely not letting age get in the way of his success and contribution towards the Nigerian entertainment industry.

Chidi Mokeme is a good-looking television host and professional actor. He is popular for hosting the game show Gulder Ultimate Search and Nollywood movies The Seed, 76, and many more.

Mokeme is one of the top Nigerian actors, and he has a fantastic net worth of about 8 million U.S. dollars.


5. Segun Arinze

  • Real  Name: Segun Arinze
  • Stage Name: Black Arrow
  • Net worth: $5.1 million

Arinze was born in Anambra State to a Yoruba father and an Igbo mother. He attended the Victory College of Commerce in Ilorin, then proceeded to Taba Commercial College in Kaduna State to complete his secondary education. Segun studied Dramatic Arts at Obafemi Awolowo University. He is popularly known as Black Arrow which he gained from a role he played. Arinze joined the primary school in Onitsha, obtaining his first School Leaving Certificate.

Segun Arinze was the star of the film Black Arrow, and former head of Actors’ Guild of Nigeria. Those who watched the series ‘Ripples’ would not only remember Richard Mofe-Damijo’s role but also Segun Arinze.

Arinze’s net worth is over 5.1 million U.S. dollars.

Mike Ezuruonye
Mike Ezuruonye

6. Mike Ezuruonye


Real  Name: Mike Ezuruonye
Stage Name: Mike
Net worth: $4.1 million

Mike Ezuruonye was born on September 21, 1982 in Lagos. He hails from Anambra State, but grew up in Lagos. After his primary education, he attended Archbishop Aggey Memorial school, Lagos. Then, moved on to Federal Government College, Wukari, Taraba. Subsequently, he studied Accounting at the Nnamdi Azikiwe University, Awka.

He is good-looking and one of the richest actors in Nigeria, Mike Ezuruonye made the right decision when he quit his job in a bank and went into acting. His roles in various Nollywood films have brought him prestigious awards, fame and wealth.

Mr. Ezuruonye’s net worth is approximately 4.7 million U.S. dollars.

Ramsey Nouah
Ramsey Nouah

7. Ramsey Nouah

  • Real  Name: Ramsey Nouah
  • Stage Name: Ramsey
  • Net worth: $4.5 million

Ramsey Tokunbo Nouah Jr was born on the 19th of December 1970. Ramsey Noah is household name in every home in Nigeria, he is an actor with Nigerian film industry Nollywood.
Ramsey Tokunbo Nouah has starred in over 100 movies to his credit, and had gone ahead to win numerous award amongst them In 2010 when he won “Africa Movie Academy Award” for being the Best Lead actor.

This handsome star is also a famous Nollywood actor who is often called ‘lover boy’ by his fans. In the 1990s, he starred in the series Fortunes. Since then, he has acted in over one hundred films, earning enough money to become one of the richest Nigerian actors.

Nouah’s net worth is approximately 4.5 million U.S. dollars.


8. John Okafor

  • Real  Name: John Okafor
  • Stage Name: Mr. Ibu
  • Net worth: $4.2 million

John Okafor professionally known as Mr Ibu is a Nigerian actor, writer and comedian. He is one of the most talented comic characters in the industry. Mr Ibu is known to have written Ngozi: Abeg Marry Us (2003), Ibu in London (2004), Honeymoon Guys (2015) and some other comedy films.

The winner of numerous African Movies Awards, John Okafor, is loved by his fans. Everyone remembers him as Mr. Ibu after the role he played in the film with the same title. The actor regularly signs endorsement deals with top brands and earns a lot of money.

His net worth as one of the top 20 richest Nollywood actors is about 4.2 million U.S. dollars.

Nkem Owoh
Nkem Owoh

9. Nkem Owoh – $3.9 million

  • Real  Name: Nkem Owoh
  • Stage Name: Ukwa
  • Net worth: $3.9 million

The actor was born on 17th October 1960, the place of birth is Amagu village, Udi town, Enugu state, Nigeria. He graduated from school in Nsukka, and continued his education in University of Ilorin and Institute of Management Technology

He starred in more than 50 movies, and he is beloved by fans for a sense of humor, so let’s see more. Photo: Nkem Owoh’s biography Nkem Owoh is a famous actor and comedian of Nollywood.

Gaining his popularity in the 1980s, Nkem Owoh is still a famous comedian. As numerous sources reported it, Nkem Owoh’s net worth is approximately 3.9 million U.S. dollars.

Pete Edochie
Pete Edochie

10. Pete Edochie

  • Real  Name: Pete Edochie
  • Stage Name: Pete
  • Net worth: $3.8 million

Pete Edochie is a Nigerian actor who began his career in a broadcasting corporation at age 20 before moving into the movie industry. However, Edochie came to limelight in the 1980s after playing a lead role, Okonkwo in a screen adaptation of Chinua Achebe’s Things Fall Apart.

Since then, Pete has featured in hundreds of movies and has been awarded both locally and internationally. He is even regarded as one of Africa’s greatest actors and was honored as Member of the Order of the Niger in 2003 by Olusegun Obasanjo.

The legendary actor is another richest actor in Nigeria on our list. The veteran superstar’s career jumped to the heights of fame in the 1980s. He was the star of the Things Fall Apart movie which made him popular all across the country and gave him many chances to appear in other films and win many significant awards.

The actor’s net worth is 3.8 million U.S. dollars.


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