Nollywood is one of the largest film industries in Africa. Nollywood is the third largest film industry globally after India’s Bollywood and US’s Hollywood film industry. Many Nigerian actors are making lots of money in the film industry. The highest-paid Nollywood actor in Nigeria is Jim Iyke with a net worth of about $30 million.
Highest Paid Nollywood Actors in Nigeria
The following is a list of some of the highest paid Nollywood actors in Nigeria.
1. Jim Iyke
Net worth - $30 million
Jame Ikechukwu Esomugha, popularly known by his stage name as Jim Iyke is the richest and highest paid Nollywood actor in Nigeria. He has starred in over 100 Nollywood movies including When Love Comes Around. He has been in the industry for over 2 decades and has won various awards like the Best Actor at the Nigerian Entertainment Awards. He has amassed most of his wealth from acting, brand endorsement, producing, and his personal businesses. He makes at least N1.5 for featuring in a single movie.
2. Richard Mofe Damijo
Net worth - $7.8 million
Richard Mofe Damijo popularly referred to as RMD is the second highest paid Nollywood actor in Nigeria. He has a degree in Theater Arts from the University of Benin and a Law degree from the University of Lagos. He has been in the film industry for a long time and he starred in TV Soap Opera Ripples. He has also served in the Nigerian Government as a commissioner for Culture and Tourism.
He has received numerous awards in the movie industry, including the best Nollywood actor in 2012. Also, in 2016, he was awarded the Lifetime Achievement Award that boosted his net worth, making him one of the richest Nollywood actors in Nigeria.
Read also: Highest paid musicians in Nigeria.
3. Chidi Mokeme
Net worth: $7 million
Chidi Mokeme is a wealthy Nigerian actor and TV host. He has made his fortune from film acting, brand endorsement, event management, and TV hosting. He was the host for a TV show, Gulder Ultimate Search. He makes N1.4 to act in a single movie, making him one of the best paid actors in Nigeria. He started his acting career in 1995 and has starred in many movies. He studied at the Institute of Management and Technology (MIT).
4. Desmond Elliot
Net worth - $6 million
Desmond Elliot is the third highest paid Nigerian Nollywood actor. He is also a director and film producer. He holds a degree in Economics from Lagos State University. He has featured in over 250 movies, TV shows, and soap operas making him one of the richest actors. In 2015, he got into politics and won the Surulere Constituency sit, which has also allowed him to gain lots of wealth. As a part time job, he features in movies and makes N1.7 million to feature in a single movie.
5. Ramsey Nouah
Net worth: $4.5 million
Ramsey Nouah is a famous Nollywood actor and one of the richest. He is a handsome actor and is commonly referred to as a lover boy. He has been in the film industry for a long time, allowing him to amass a lot of wealth in the industry. Apart from acting, he also directs movies. He has stared in many movies like Rattle Snake and Ahanna, Living in Bondage, and 30 Days in Atlanta.
6. Pete Edochie
Net worth - $4 million
Pete Edochie is one of the most talented actors in Nollywood. He started his career as a Nollywood actor in the 1980s when he starred in the movie Things Fall Apart. He also starred in many other Nollywood movies.
7. Mike Ezuronye
Net worth - $3.5 million
Mike Ezuronye is among the richest Nigerian Nollywood actors. He is a graduate of Nnamdi Azikiwe University with an Accounting degree. He quit his banking job to start his acting career. He has won various awards in the film industry like the Best Actor at Supporting Role in Africa Movie Academy Awards. He has featured in many movies including Broken Marriage, Unforeseen and Critical Decision. He is also involved in brand endorsements for companies like Airtel. He earns N1.1 to star in a Nollywood movie, making him one of the richest actors in Nigeria.
Summary of the Richest Nollywood Actors in Nigeria
The above are some of the richest Nollywood actors. With Nollywood being the third largest film industry in the world, many Nollywood actors have managed to make a fortune out of it. Acting has brought these actors into the limelight, while most of them are engaged in personal business. Other actors are actively involved in brand endorsements that fetches them extra money.