Top 5 Richest Actors In Nigeria

Actors Who Are Balling Their Way To The Bank

By  | May 31, 2022, 10:00 AM  | Hushpuppi  | Top of The

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Nigerians enjoy the country's great movies, their educating stories and feel pure emotions. All thanks to Nollywood's most talented actors.

Nollywood was the pioneer of acting in Africa and some of the first actors are now living lavish lives thanks to Nollywood's  fame and money.

Their style and behaviour are often copied by fans who wish to live similar glamorous lives and earn as much as their favourite celebrities.

These actors have also gone global as they recognized not only in Nigeria but also in Africa and the world.

Here's a look at the top 5 richest Actors in Nigeria.

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1. Jim Iyke


Born on 25 September 1976 in Gabon, James Ikechukwu Esomugha, popularly known as Jim Iyke, is a Nigerian actor in Nigeria's movie industry.

Jim is the richest actor in Nigeria now. This famous actor has acted in over 150 movies. He is wealthy and loved by his fans. The star of American Driver (2017) is quite successful.


Jim Ikye started his acted career in 2001 and in 2007 he started his movie production company, Untamed Productions. Later, he began his own music label, Untamed Records and produced a first album, titled "Who Am I?" featuring some of Nigeria's top musicians such as TuFace Idibia, and Sound Sultan.


Iyke is the founder of Jim lyke Foundation for Children with Special Disabilities. He visited Kenya in December 2012 in support of the Make a Change Campaign, a charity project founded by Christopher Grey, and Jamaican dance hall artist Cécile.

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From his luxurious travels, spending the night in some expensive hotel and owning the shiniest and most expensive cars, his bank account seems to be overflowing.


Net Worth : $30 million


2. Richard Mofe-Damijo


Richard Mofe-Damijo popularly known as RMD is a Nigerian actor, writer, producer, and lawyer. Richard was born on July 6, 1961 in Aldja, Udu LGA, Delta State.

Richard started his acting career by performing in the drama club in his high school. Later, he started reporting for Concord Newspapers, Metro Magazine and The Guardian.


In his 30s, he published and sold Nigeria’s first all-gloss magazine for men titled Mister. Mofe also featured in a television soap opera called Ripples after he graduated from school. Also, he wrote and produced his first film, Out of Bounds.

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When he's not on TV, you can find him in the court room. In 2008, he was appointed a special adviser, and in 2009, he became an honorable commissioner of culture and tourism in Delta State.

His incredible work earns him a spot on our list of the Top 5 Richest Actors In Nigeria.


In 2018, he went on and signed an endorsement deal with a real estate company, Land Lagos. The veteran actor is the founder of RMD production, White Water Limited and RMD Foundation. It is an entertainment platform that produces creative content, television and radio productions, broadcasting like the popular TV Sitcoms Trying and Mr. X family.

Net Worth: $15 million


3. Desmond Elliot


Some actors in this industry are way too successful and Desmond Elliot is one such personality who is always pursuing his dreams.


Desmond Olushola Elliot was born on the 4th of February 1974, in Lagos, Nigeria to Mr and Mrs Elliot. Desmond Elliot is a Nollywood actor, director, and politician.

Desmond Elliot got involved with Nollywood after his friend convinced him that the industry would suit him. When he first started, he only featured in soap operas like Everyday People, One Too MuchSuper Story, and Saints and Sinners. Gradually, he started getting roles in normal movies. .

Today, Desmond Elliot is an influential Nollywood personality that has featured in over 200 movies. Desmond Elliot co-produced and co-directed the movie Reloaded in 2008.


Along with other top Nollywood stars, Desmond Elliot signed a mouth-watering endorsement deal to be the new ambassadors of the New Nation project at the Dukwe headquarters in Port Harcourt. 

Desmond has attempted to run for office and take the top political seat of Lagos State House Assembly under the All Progressives Congress. However, he did not win but later in 2015 he won the Surulere constituency in the 2015 General Elections. 

Net Worth: $10 million

4. Chidi Mokeme


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

He is one of the most paid actors in Nigeria known for playing scenes that portray him as a bad boy or villain who is a heart breaker and often a cheating husband. 

He was born on March 17, 1972, the actor is a native of Anambra State.


Chidi Mokeme started his career as a model. He first started modelling as a hobby because of his physique and then it progressed to something he did professionally. He modelled for several brands and became a brand ambassador for Zodaphone, a telecommunications company. He eventually started taking up some acting jobs.

Mokeme made his acting debut in 1995, with the movie Goodbye Tomorrow. His career experienced what seemed like a sudden rise and it has remained so since then. He has featured in not less that 100 movies which include, Abuja Connection, Critical Condition, and Fire Dancer just to name a few.

Since he was a model before, Chidi also owns a clothing line. He is also the brand ambassador for GLO, a telecommunications company.


Net Worth: $8 million


5. Segun Arinze


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 was born Segun Padonou Aina on September 24, 1965, in Onitsha to a Yoruba father and an Igbo mother.

He started acting while in a secondary school in Ilorin. Mainly he was a participant in drama and stage play. In the early 1990s was when Arinze joined the Nigerian Movie Industry. His fame came along with the Nollywood blockbuster movie, “Black Arrow”.  To date, he's been in more than 250 movies.


As if acting was not enough, Arinze also found himself taking interest in other ventures. In 1992, he had his first music album, Dreams. He is also the former president of the Actors' Guild of Nigeria (AGN). 

Segun is also nurturing the next generation of actors. He works as an actor coach where he works in prestigious international film festivals to pass knowledge on to the next generation of actors.

Net Worth: $5.1 million

These actors' careers are what many fans wish they could achieve in their lifetime. Their work has been recognized internationally as well. Perhaps that's why they get paid so much.


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