Top 10 Richest Nollywood Actors And Their Net Worth In 2023

Nollywood has really come of age with great and talented actors. The industry has grown significantly as the biggest in Africa and one of the biggest in the world, contributing to the growth of the Nigerian economy.

Nollywood is blessed with several talented actors who have made big names both nationally and internationally. They are very wealthy in their acting profession and some have acted in other international movie industry notably Hollywood, Ghallywood and others, making huge fortune and bringing good names to their country.

In this post, we shall bring you top 10 Richest Nollywood actors and their net worth in 2023. They include:

1. Richard Mofe Damijo (RMD)

Richard Mofe Damijo is one of the top ten richest Nollywood actors in Nigeria 2023.

He was born July 6, 1961. He hails from Delta state in south southern Nigeria.

RMD, as he is fondly called, studied Theatre Arts at the University of Benin. He later obtained a Bachelor’s degree in Law at the University of Lagos in 2004.

He made entry into Nollywood some years ago and has become a living legend, doing exceedingly well in the movie industry.

He has made huge fortune from the Nigerian Movie industry and politics, which has increased his net worth to become one of the top ten richest actors in Nigeria. Richard has featured in several Nollywood movies, the latest being Love is War.

He has also won good number of prestigious awards in the movie industry including 2012 Best of Nollywood Awards and the 12th Africa Movie Academy Awards.

RMD was also one of the Lifetime Achievement Award recipients at the 12th Africa Movie Academy Awards in 2016.

Richard Mofe Damijo was a Special Adviser of Culture and Tourism to Delta state Governor in 2008. He was later appointed Commissioner for Culture and Tourism, a post he held from 2009 to 2015.

Richard Mofe Damijo is married with four children with an estimated net worth of about $4 million dollars.

 

2. Jim Iyke

Jim Iyke has his real name as James Ikechukwu Esomugha. He is a famous Nigerian actor and one of the top 10 richest Nollywood actors in 2023.

He was born September 25, 1971. Jim is the only son in a family eight children from Anambra State, Nigeria.

Jim Iyke obtained a Diploma in Banking and Finance and a Bachelor’s degree in Philosophy, both at the University of Jos, Plateau State.

The veteran actor is one of the highest paid Nollywood actors with over 100 high-budget movies to his credit.

Aside acting, Jim has other sources of income from endorsement with giant companies in Nigeria.  In addition, he has a movie production company, named Untamed Productions which he set up in 2007 and a record label – Untamed records, all of which have made him wealthy and one of the top ten Nollywood actors in 2023.

Jim Iyke is one of the strong pillars of Nollywood with an estimated net worth of about $4.5 million dollars.

3. Desmond Elliot

Desmond Elliot is another veteran actor and director that made the list of top ten Nollywood richest actors in 2023.

Desmond Elliot is a Nigerian actor and politician who needs no introduction in the Nigerian movie industry. He has been in the industry for a long time now.

He was born on February 4, 1974. He hails from Lagos State.

Desmond Elliot is a graduate of Economics from the Lagos State University in 2003.

Desmond Elliot joined Nollywood some years ago and has featured in numerous Nollywood movies, which earned him a spot in Nigeria’s top ten richest actors in 2023.

The famous actor who turned a politician has so far served as a Lagos state lawmaker, representing Surulere constituency 1 since 2015. The renowned actor owns a movie production company called Denziot productions, which has been his major source of his earning.

Desmond has also won good number of awards including the best supporting actor in a drama at the 2nd Africa Magic Viewers Choice Awards.

He is happily married and blessed with two children with an estimated net worth of about $5 million dollars.

 

4. Segun Arinze

Segun Arinze is another foremost and strong pillar actor of Nollywood and one of the richest Nollywood actors in 2023.

Segun Arinze, also fondly known as ‘Black Arrow’, is one of the pioneer actors in Nollywood who has been in the industry for so many years.

He was born in Anambra state to a Yoruba father and an Igbo mother.

Arinze began his acting career in Ilorin and has since featured in over 100 Nollywood movies and television series.

He has also entered into several endorsement deals with big companies which essentially increased his net worth to become one of the top ten richest Nollywood actors.

Segun Arinze has been happily married to Julia Arinze with children with an estimated net worth of about $4.5 million dollars.

 

5. John Okafor (Mr Ibu)

John Okafor, also widely called Mr. Ibu, is a famous Nollywood comic actor, television star and one of the funniest actors in the industry who also made top ten richest Nollywood actors in 2023.

He is from Enugu State, Nigeria who has gained wide recognition in the entertainment world both locally and internationally.

Ibu was born on 17th October 1961. He hails from Enugu State Nigeria. He is one of the Nollywood actors that have earned so much through his God’s given talent with over 150 Nollywood movies to his credit.

The famous comedian also has many endorsements with Merry Bet and GoTv that have increased his net worth to make top ten Nollywood richest actors in 2023.

Ibu is a recipient of several awards, including Best Actor in comedy at the Africa Movie Academy Awards, Best Actor at the Best of Nollywood and the Most decorated Comic Actor at the Africa Magic Viewers Choice Awards.

Mr Ibu ranks one of the top ten richest actors in Nigeria in 2023 with an estimated net worth of about $4 million dollars.

 

6. Pete Edochie

Pete Edochie is one of the founding fathers of Nollywood and the top 10 best actors in 2023. He was born on March 7, 1947. He hails from Anambra State, Southeast Nigeria.

Pete Edochie made his acting debut in the 1980s when he played the Okonknwo for the NTA’s adaptation of Things Fall Apart, a movie that shot him to limelight and the much talked about not only in Nigeria and beyond.

Peter Edochie is a veteran actor in Nigeria film Industry. He has acted in numerous Nollywood movies which earned huge fortune and increased his net worth among the top ten richest Nollywood actors in 2023.

The history of Nollywood cannot be complete without the mention of Pete Edochie, who many described as a living legend in Nigeria.

Peter Edochie has so far received several awards from Africa Magic Viewers Choice  and Africa Academy awards. He was also honoured by the Nigerian government for his tremendous contributions to the Nigerian entertainment industry.

Pete Edochie’s net worth is placed at over $4.5 million dollars.

 

8. Mike Ezuruonye

Mike Ezuruonye is another veteran that made the list of top 10 richest actors in Nollywood in 2023. He is a famous Nollywood actor and movie producer.

Mike Ezuruonye was born on 21st September 1981 from Abia State.

Mike made his entry into Nollywood some years back after working briefly as a banker. He began acting, thrilling his numerous fans with his gifted acting skills.

He has since featured in several Nollywood movies.

The famous actor is one of the much talked about Nollywood actors, very creative and highly talented with good delivery of roles in movies.  He is popular at taking romantic roles in movies alongside other popular celebrities like Ini Edo, Chika Ike, Mercy Johnson and many others.

Mike has also entered into endorsement deals with giant companies like Glo Nigeria, Airtel. He is also an Ambassador for DPkay Real Estate Homes and Awards Limited which are other sources of his fabulous earnings.

He is married to Nkechi Nnorom, a TV Producer, Broadcaster and ​Scriptwriter. The couple is blessed with a child, Reynold Nkembuchim Ezuruonye.

Mike Ezuruonye is one of the top 10 richest actors in Nollywood with an estimated net worth of about $3.5 million dollars.

 

8. Ramsey Nouah

Ramsey Nouah, also widely known as lover boy in Nollywood is a popular actor, movie producer and director who also made the list of top 10 richest Nollywood actors in 2023.

He was born on 19th December 1970 to an Israeli father and Yoruba Mother from Ondo State, Nigeria.

Ramsey joined Nollywood some years ago and has been doing exceedingly well in the industry. He has featured and director good number of movies and he is known for taking romantic roles in most movies including movies like Living in Bondage, Breaking Free, Rattle Snake and Ahanna, a remake of the 1995 movie Rattlesnake.

Rattle Snake: The Ahanna alone grossed over 60 million Naira as of the publication time.

Nouah is happily married with three kids with an estimated net worth of about $3 million dollars.

9. Nkem Owoh (Osuofia)

Nkem Owoh, also widely and fondly called Osuofia is another renowned Nollywood actor, movie producer and television personality who made the top 10 richest actors in 2023.

He was born and raised in Enugu State and a graduate of Electrical and Electronics Engineering from the University of Ilorin, Kwara State.

Nkem was shot to fame and recognition in the industry when he acted a movie adaptation of ‘Things Fall Apart’ alongside Pete Edochie. He is also one of the foremost actors in Nigeria, known for his comedy roles in movies.

He has featured in several Nollywood comedy movies, including the highly celebrated “Osuofia in London” movie, which was very successful and earned him the award for Best Comic Actor in Nigeria at the Africa Movie Academy Awards and Best Actor in Comedy at the Africa Viewers Choice Awards. The movie was watched around the whole of Nigeria and Africa.

Aside acting, the famous actor has also entered into several endorsement deals with big communication company, MTN Nigeria and others, which stands out as one of the sources of his huge earnings.

Nkem Owoh is married to Ngozi Nkem Owoh with two daughters with an estimated net worth of about $3 million dollars.

 

10. Kenneth Okonkwo (Andy)

Kenneth Okonkwo, also widely and fondly called Andy, is a veteran Nigerian actor and one of the top 10 Nollywood actors in 2023.

He hails from Nsukka, Enugu state.

Kenneth Okonkwo joined Nollywood and became professionally known after his brilliant performance in 1992 movie, ‘Living in Bondage’. The movie was very successful and paved the way for his subsequent roles in movies.

He has since acted in several Nollywood movies and won several awards including Special Recognition of Pillars of Nollywood in 2013.

Apart from acting, Kenneth Okonkwo is also a lawyer and a politician, another lucrative areas where he has earned huge fortune and made the top ten Nollywood richest actors in 2023.

Kenneth Okonkwo is married with children with an estimated net worth of about $3 million dollars.

In summary, the above mentioned Nollywood stars are indeed talents who have made huge fortune in the industry and made the top 10 richest Nollywood actors in 2023. They will continue to be celebrated globally.