The Nigerian movie industry, popularly known as Nollywood, has become a global powerhouse in entertainment. As one of the largest film industries in the world, Nollywood not only tells African stories to a global audience but also creates enormous wealth for its actors and stakeholders. In 2025, the industry continues to thrive, and some of its top stars have accumulated impressive fortunes. These actors have leveraged their fame through acting, endorsements, business ventures, politics, and more to become some of the wealthiest individuals in the entertainment scene.
In this comprehensive blog post, we highlight the top 10 richest actors in Nigeria in 2025 and explore how they earned their fortune.
1. Ramsey Nouah – Net Worth: $23 Million
Ramsey Nouah takes the top spot as the richest actor in Nigeria with a staggering net worth of $23 million. Known for his charismatic presence and romantic lead roles, Nouah has remained a household name since the early 1990s. Over the years, he has transitioned from just acting to directing and producing, which significantly boosted his earnings.
One of his biggest career milestones was directing Living in Bondage: Breaking Free, a critically acclaimed sequel to a classic Nollywood film. In addition to film production, Nouah owns a production company, has endorsement deals with major brands, and maintains substantial real estate investments across Nigeria.
2. Jim Iyke – Net Worth: $20 Million
Jim Iyke, often dubbed Nollywood’s "bad boy," comes in second with a net worth of $20 million. His acting career spans over two decades, with more than 150 film credits to his name. Known for his versatility and strong on-screen presence, Iyke has also successfully ventured into entrepreneurship.
He owns Untamed Productions, a film production company, and Untamed Records, his own music label. Beyond entertainment, he has made significant investments in real estate, fashion, and logistics. His global brand appeal also earns him lucrative endorsement deals.
3. Richard Mofe-Damijo (RMD) – Net Worth: $16 Million
Richard Mofe-Damijo, popularly known as RMD, is a veteran actor with a net worth of $16 million. RMD has been a mainstay in Nollywood for decades and has portrayed countless memorable roles in both classic and contemporary films.
Apart from his acting career, RMD also served as the Commissioner for Culture and Tourism in Delta State, which added to his earnings and influence. He is also a sought-after brand ambassador and public speaker, with income streams from endorsements, public service, and media production.
4. Zubby Michael – Net Worth: $13 Million
Zubby Michael, one of the most dynamic actors in the current generation of Nollywood, boasts a net worth of $13 million. His rise to fame was rapid, thanks to his energetic performances and charismatic persona in action-packed movies.
Zubby is not only an actor but also a movie producer. His involvement in multiple film projects and real estate ventures has significantly increased his financial standing. He is also politically active, which has opened doors for public engagements and endorsements.
5. Chidi Mokeme – Net Worth: $10 Million
Chidi Mokeme is another Nollywood icon who has expanded his influence beyond the screen. With a net worth of $10 million, Mokeme's income comes from acting, hosting television shows, and business investments. He gained massive popularity as the host of the reality TV show Gulder Ultimate Search.
Chidi has also ventured into fashion and the beauty industry, running successful businesses alongside his entertainment career. His ability to diversify his portfolio has kept him relevant and financially successful.
6. Desmond Elliot – Net Worth: $8.5 Million
Desmond Elliot is a man of many talents—an actor, director, and politician. With a net worth of $8.5 million, Elliot has featured in over 200 Nollywood films. In recent years, he transitioned into politics and currently serves as a member of the Lagos State House of Assembly.
Elliot’s income is derived from his years in Nollywood, his production company, political salary, and brand endorsements. His ability to balance his career in film and politics is a testament to his strategic acumen.
7. Kanayo O. Kanayo – Net Worth: $7.8 Million
Kanayo O. Kanayo is a name that resonates with many Nigerians, especially for his frequent portrayal of mystical and traditional roles in movies. With a net worth of $7.8 million, Kanayo has remained one of Nollywood’s most respected actors.
He is also a qualified lawyer and entrepreneur. Kanayo has invested heavily in agriculture, real estate, and public speaking. His multi-faceted career has made him one of the richest and most influential figures in Nigerian entertainment.
8. Osita Iheme – Net Worth: $6 Million
Osita Iheme, best known as "Pawpaw," has earned a net worth of $6 million through a successful career in comedic acting. He rose to fame alongside his on-screen partner Chinedu Ikedieze, and together, they became icons of African comedy.
Aside from acting, Osita is a hotelier and businessman. He owns a hotel in Imo State and has interests in agriculture and publishing. His brand power has also secured him multiple endorsements and business partnerships.
9. Chinedu Ikedieze – Net Worth: $5.5 Million
Chinedu Ikedieze, known widely as "Aki," shares a similar career path with Osita Iheme. With a net worth of $5.5 million, Chinedu has had a prolific acting career and remains a beloved figure in Nollywood and across Africa.
In addition to acting, Ikedieze has diversified his income through investments in fashion and real estate. He is also a motivational speaker and brand influencer, which adds to his annual income.
10. Nkem Owoh – Net Worth: $4 Million
Closing the list is Nkem Owoh, popularly known as "Osuofia." With a net worth of $4 million, Owoh is known for his brilliant comedic roles that have brought joy to millions of fans across the world.
His most iconic film, Osuofia in London, remains a classic. Beyond acting, Nkem Owoh earns from voice-overs, endorsements, and appearances. He has also worked with international organizations on public awareness campaigns, increasing his earning potential.
Final Thoughts
Nollywood is more than just entertainment—it’s a massive economic force that has made several of its actors multi-millionaires. The top 10 richest actors in Nigeria in 2025 have not only excelled in their craft but have also diversified their income through wise investments, endorsements, and sometimes political involvement. Their stories serve as an inspiration for aspiring actors and entrepreneurs alike, showing that with talent, strategy, and vision, incredible wealth is within reach.
As Nollywood continues to grow globally, the earning potential for actors will likely rise, making the industry even more lucrative in years to come. Keep an eye on these stars—they're not just acting; they're building empires.
