The Nollywood industry is by far one of the biggest film industries in Africa and the third largest film industry, following America’s Hollywood and India’s Bollywood.
With great shows and movies, Nollywood continues to expand beyond Africa and into the international entertainment industry.
Aside from being recognised for their talent, effort, and skills put into their movies, these Nollywood actors are in high demand by directors and producers, increasing their charges for a role in any movie production.
Therefore, according to Nigerian Finder, these are the top ten highest-paid actors in Nollywood.
The Highest-Paid Actors in Nollywood
- Richard Mofe-Damijo (Net Worth: $15 million)
Richard Mofe-Damijo (RMD) is the highest-paid actor in Nollywood, with a net worth of $15 million. RMD has been in the movie industry since the 80s, attaining legendary status. He graduated with a degree in Theater Arts, so, unsurprisingly, he is in high demand in Nollywood. His last film production, The Black Book, was one of the critically acclaimed Nollywood movies as it ranked top 10 on Netflix in different countries as far as South Korea.
- Desmond Elliot (Net worth: $10 million)
The actor-turned-politician on this list as he is the second-highest-paid actor in Nollywood. With a whopping net worth of $10 million to show for his ardent skills in the movie industry, Desmond Elliot has starred in over 200 films, some of which he directed himself.
- Jim Iyke (Net worth: $8 million)
Jim Iyke is one of the most recognised faces in Nollywood. The Nigerian actor has been featured in over 150 movies, which has made him one of the wealthiest actors in the industry. Despite the controversies surrounding his name, Jim Iyke has become the Chief Executive Officer of several companies, further extending his wealth.
- Chidi Mokeme (Net Worth: $7 million)
Formerly the host of the famous Gulder Ultimate Search show, Chidi Mokeme earns his position in this list mainly due to his role in the TV show. The actor has been in the film industry since the late 1990s and has starred in numerous films. His net worth is currently ranked at $7 million.
- Segun Arinze (Net Worth: $5 million)
Segun Arinze is known to be one of the godfathers in the Nollywood industry; he is an actor, director, producer, and singer. Having studied Dramatic Arts at the university, the celebrity is highly talented as he is also a voice-over artist who has lent his voice to radio commercials. He began his acting career in the 90s after starring in the film “Black Arrow”. Segun Arinze has featured in over 200 movies and once held the position of the national president of the Actors Guild of Nigeria (AGN). His net worth stands at $5 million.
- Mike Ezuronye (Net Worth: $4.7 million)
Mike Ezuronye stumbled into the acting realm shortly after ditching the corporate life where he was a banker. Mike has many films credited in his name, earning him a net worth of $4.7 million.
- Ramsey Nouah (Net Worth: $4.5 million)
One of Nollywood’s most sought-after actors and dubbed the industry’s “lover boy”, Ramsey Noah began acting in 1993, after which he starred in various soap operas and films. The actor has received multiple awards for his incredible roles played over the decades. His net worth is around $4.5 million.
- John Okafor (Net Worth: $4.2 million)
Popularly known as “Mr Ibu,” John Okafor is one of the most revered actors in the Nollywood industry. Stealing the hearts of Nigerians with his hilarious personality, which appears heavily in his movies, John Okafor is no stranger to the limelight as he’s gotten multiple multimillion naira deals. He has a net worth of $4.2 million.
- Nkem Owoh (Net Worth: $3.9 million)
With “Osuofia in London” being one of his most iconic films, Nkem Owoh engraved his name in the Nollywood industry as one of the best actors. With a net worth of $3.9 million, Nkem has starred in over 100 films.
- Pete Edochie (Net Worth: $3.8 million)
Pete Edochie is a legend in the industry; the actor was once a broadcaster before delving into the acting world. He boasts of an experience spanning four decades in Nollywood. His net worth is weighed at $3.8 million.
Ayomitide Adeyinka is a content writer, crypto journalist and editor with a Bsc in Political Science. He is also an egalitarian.