The Nigerian movie industry has grown from what it used to be the fastest growing industry in the world. With most of the participants (Actors) are making their money from having their own production company, to endorsement and investments. With most haven achieved a lot for themselves and the Nollywood industry at large.

Here we’ll look into the richest among them.

  1. Desmond Elliot $6million

Desmond Elliot is the richest actor on the list this year 2021, also been a politician presently representing Surulere Constituency 1 as a Lagos Lawmaker. He has earned so much with been in the industry for quite some time. In his personal life, he’s married with two kids and has featured in more than 200 movies. He’s won many awards that’s help put him in this pinnacle.


  1. Richard Mofe Damijo $5.8million

He is known as the Godfather of Nollywood, he is a legend in all sense of Nollywood, from winning the Lifetime Achievements Award at the 12th Africa Movie Academy Awards in 2016.

He amassed his Networth from Movies and politics, been the special adviser of culture and tourism to Delta state government in 2008. He is married with four children


  1. Jim iyke $5million

Then veteran actor has appeared in over 150 movies, been one of the highest paid actors in the Nollywood industry, adding to his earning from movies, he also has endorsements from IVO Motors, movie production company and a record label (Untamed records). Jim Iyke is a father to a son from his baby mama, Dana Kinduryte.


  1. Segun Arinze $4.8million

The formidable actor, who is recognized by his tone in narration in over hundreds of adverts. One of the oldest actors in Nollywood, haven started acting from Ilorin and since been part of many movie productions. He is vast in his creativity and writings. He is married with three kids.


  1. John “Ibu” Okafor $4.5million

Mr Ibu has he’s popularly known, is a comic character in the Nollywood industry, he produced and starred in more than 200 movies in Nollywood, boasting of several endorsements from GoTv, Merrybet, and many more. He hails from Enugu state, married with three kids.

Mr Ibu boasts of several awards in the African movie scene, such as; Best Comedian by Africa Magic Viewer’s Choice Awards, Best movie actor of the year, peace ambassadors 2014 and many more. A


  1. Pete edochie $4.2million

The Veteran actor is the oldest on this list, from wealth of experience in acting since the 60s. he is renowned as a veteran in the Nollywood. Been a role model for most and upcoming actors, also known for his popular adages in his movies. He has received many awards like, Lifetime achievement awards by African Film Academy, Merit Award by Africa Magic and more. He also is the father of the popular actor Yul Edochie.


  1. Mike Ezuruonye $4million

Mike is an actor and producer in the Nollywood scene, apart from making his money from acting and producing of most of his movies, he is a brand ambassador for DPKay Real Estate Homes, Globacom but later signed to Airtel.


  1. Ramsey Nouah $3.8million

He is known to be the Nollywood Lover boy who also plays the action hero in his films, Ramsey Nouah is born to a Yoruba mother and an Israeli father. He has also dabble into directing in the Nollywood industry. In his portfolio, he can boast of acting in top-grossing movies in Nigeria, from Rattle Snake, Living in Bondage,



  1. Nkem “Osuofia” Owoh $3.5million

Osuofia has he is fondly called, is a musician and actor who is also plays comic character in movies. He has loads of awards such as Best Actor in Africa Movie academy award for his role in “Stronger than Pain”. Nkem Owoh has loads of endorsements to his name with companies like MTN in his books.


  1. Kenneth Okonkwo $3million

Veteran Nigerian actor turn Lawyer, was famous for his role in Living in Bondage movie 1992 which helped solidify his stand in the Nigerian Movie industry. He has featured in many movies, awards to his name with special recognition of pillars of Nollywood in 2013

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