It is a common culture to see celebrities displaying wealth and living a life of luxury on social media. Even though, some of this ‘make-believe’ lifestyle in the Nigerian entertainment circle has been addressed as ‘fake life’ due to the fact that some of these actors and actresses do not earn as much as they flaunt and make the fans believe. In the midst of these claims, Yoruba actress, Iyabo Ojo’s net worth which runs in millions of naira alongside the recent purchase of her multimillion naira mansion has made her source of income become a hot topic for discussion. But how much is she really worth?
Iyabo Ojo Is Worth Over 100 Million Naira She Earned Majorly From Acting
From her work as an actress, director, and producer in Nollywood, Iyabo Ojo has earned a net worth estimated at N126.5 million. The Yoruba actress has earned this much from some of her notable acting works which include but not limited to; Satanic (1998), Agogo Ide (1998), Baba Darinjinwon (2002), Okanla (2013), Silence (2015), Beyond Disability (2015), Twisted Twin (2016), Kostrobu (2017), Gone to America (2017), and Divorce Not Allowed (2018).
As one of the most respected actresses in Nollywood, with many years of experience as well as a plethora of works showing what she is capable of delivering, Iyabo collects between N150,000 to N250,000 for each feature she does.
This amount may not be a lot but considering her long list of film credits which numbers over 150 Nollywood and Yoruba films since her debut in 1998 in the movie Satanic, it is easy to understand why she has made so much from her acting career. Despite the huge amount she earns Iyabo isn’t the richest Yoruba actress.
Other Ways The Actress Earns Income
It is not surprising to see that Iyabo has other profitable and numerous sources of income. The actress has simply put the bulk of her earnings from acting into good use by investing in other businesses as well as the movie industry itself.
Movie Production, Directing, And Writing
Aside from acting, Iyabo Ojo has been actively involved in movie directing, scriptwriting, and production since 2004. Some of the movies she has produced include; Bolutife, Bofeboko, Ololufe, Esan, Okunkun Biribiri, etc.
Real Estate/House Investments
Iyabo Ojo invests in landed properties and houses. She recently acquired a mansion in Lekki and although there is no disclosed price at which the mansion was bought, a house of that class is sure to be worth millions of naira.
Iyabo Ojo is the brand ambassador of a luxury hair brand known as Wholesalesnaija, and a clothing brand that deals in unique laces and fabric; Pretty_You_Couture. She also represents Rixari Skincare and Spa, a Property Management Company that goes by the name Pragmatichomes and a sex therapy brand known as Tejigold. She is equally the brand ambassador for a famous Weightloss brand called Speedy-Weightloss which has recorded notable success stories.
Iyabo Ojo also makes money from her personal business endeavors. She is the CEO and founder of a budding company called Fespris Limited which deals in different businesses including skin products, interior decor, among others.
The actress is also active on social media such as Instagram and TikTok, where she has a huge fanbase of 4.1 million followers. She has monetized her massive following on these platforms by advertising brands and their products to her teeming followers.
A Comparison Of Iyabo Ojo’s Net Worth With Other Notable Actresses
While Iyabo Ojo is known as one of the most sought after actresses when it comes to Yoruba language movies, the talented star is not in the top 10 richest Yoruba actors nor is she the richest Yoruba actress – a position which is jealously held by co-star actress, Funke Akindele, who earns over N500,0000 (Five Hundred Thousand Naira) per movie.
Funke also stands out as a producer and has built a net worth of over N300 million. Another Yoruba star pulling weight financially is Toyin Ibrahim. The actress has stayed busy over the years and earns up to N400,000 for each role she plays. She also doubles as a successful producer, thus ranking above Iyabo Ojo financially. Her endeavors in the film industry have earned her over N200 Million. Other actresses who are also career-driven, busy on several movie sets with their net worths possibly ranking above that of Iyabo Ojo include; Omotola Jalende, Abdulateef Adedimeji, Ronke Ojo, Eniola Ajao, Jumoke Odetola, Mercy Aigbe, Bukky Wright, and Fathia Balogun.
With the stars listed above, Iyabo is yet to become the richest Yoruba actress. Nonetheless, with an estimated net worth of N126.5 million, she’s ranked as one of the richest Yoruba actresses.
Iyabo Ojo’s Philanthropic Gestures To The Community
For those who don’t know much about the ”Nigerian entertainment queen,” Iyabo Ojo is actively engaged in philanthropic activities. Asides from her busy schedules where she has to appear on set for days, weeks, and months depending on the film she is working on, Iyabo finds a way to spend time with the less privileged and people living with disabilities.
Over the years, through her Pinkies Foundation, she has aided and contributed to Nigerian society as one of the biggest charity benefactors. Obviously, this has won her admirers and endeared many people to her. Indeed, many are looking up to her as an inspiration and a role model.
Overview of Iyabo’s Journey To Stardom
Iyabo Ojo was originally born Alice Iyabode Ogunro Omo Iadukeade at birth and she’s a native of Abeokuta in Ogun State, Nigeria. As a child, Iyabo spent time in Lagos alongside two elder brothers and her parents. Growing up, she attended primary and secondary school at the National College, Gbagbada, before enrolling at the Lagos State Polytechnic. She graduated with a degree in Estate Management and started acting almost immediately. Her big break came when she starred in the 2015 movie, Beyond Disability and since then, she has gone on to play a key role in many top-selling movies.
Her Awards And Recognitions
Iyabo Ojo has won several awards since launching her acting career. Below is a highlight of the awards to her name;
- In 2007, in the United Kingdom, she won the Best Crossover Actress during African Film Awards.
- In 2011, she won the Excellent Performance on Stage during the BOTRA Award.
- In 2011, she was awarded the Best Feature Film at the Abuja International Film Festival.
- In 2011, she won the Award of Excellence and Recognition by the Deluxe Magazine.
- In 2012, she emerged the Best Actress in a Supporting Role at the Best of Nollywood Awards
- In 2013, Iyabo won the Best Actress of the Year during the CAMA Awards.
- In 2015, she was named the Woman of the Year at Africa Mouthpiece.
- In 2015, she was named the Best Actress of the Year (Yoruba) at the City People Movie Award.
- TikTok creativity award in 2020.