Osita Iheme’s net worth is estimated at $3.5 million. The talented actor is highly regarded as one of the many movie stars who have garnered so much fortune through their career in the entertainment industry. Even with his petit body, Iheme has successfully carved a niche for himself in the Nollywood industry. He has grown from a comic child actor into an established actor. Osita has also received many awards and recognition for his massive contributions to the industry. Let’s take a look at how the Imo State-born actor garnered his fortune.
Osita Iheme’s Acting Career is a Major Contributor to His Net Worth
After obtaining a degree in computer science from the University of Lagos, Osita Iheme started his acting career in 2001 and was often taking the role of a child. He came into the spotlight in 2002 when he starred with his stage twin Chinedu Ikedieze in the comedy movie titled Aki na Ukwa, in which he played the role of Pawpaw (which got stuck as his nickname). As time went on, Aki na Ukwa became one of the funniest movies in Nollywood.
His role in the movie helped him become popular and earned him more film roles both as a child and adult actor. Osita Iheme has been active in the industry for over 15 years and still counting. He has since starred in more than 200 Nollywood movies.
Some of his most notable movies include;
- Aki na Ukwa (2002)
- Pipiro (2003)
- Brain Box (2006)
- Bird Flu (2007)
- The Rain Makers (2009)
- The Mirror Boy (2011)
- Double Mama (2013)
- Christmas in Miami (2021)
He is Currently one of the Highest-Paid Actors in Nollywood
Actors like Osita Iheme are great assets in the entertainment industry. Their ability to play both a child and adult role makes them very important in the industry. Considering his years of acting experience, it won’t be surprising to have him listed among the highest-paid Nollywood actors.
Osita Iheme has maintained his relevance in the film industry, having received more acting roles for himself over the years. He is among the well-paid actors in the movie industry as he is estimated to make about N500,000 and above in each film appearance. This amount is estimated to be the same with other top actors like Chinedu Ikedieze, who acts alongside him.
Other Businesses That Contribute to Osita Iheme’s Net worth
Osita Iheme does not only make income from acting. Like most actors, he owns a chain of businesses that are helping him generate huge income. Although it is not certain the exact amount he earns from each of these businesses, it is certain to be a large fortune. Here’s a list of business ventures owned by Osita Iheme.
His Hotel Business in Enugu and Owerri
The actor joined the list of celebrities investing in hospitality businesses, having established hotels in Enugu and Owerri. The actor first had a hotel in Enugu State, and following its success in the area, he decided to build another hotel in his home state. In January 2019, he launched a beautiful hotel in the heart of Owerri, Imo State. The construction of the hotel named ‘The Resident Hotel’ started in 2015, and by 2018, it was completed. Located at 55 Osita Iheme Crescent Off Port Harcourt Road, Owerri, the luxury hotel has a spa and other luxurious equipment. More so, the hotel has a karaoke bar called Indoors.
He Owns a Record Label named Young Boss Records
The news about Osita’s record label made several headlines in 2017. The record label named Young Boss Record was, according to the actor, launched to give talented Nigerians a chance. Following a successful launching of the label, Osita signed two new acts, Barrister Max and Charisma, and both artists are said to have released their individual singles.
Osita is a Co-founder of a Movie Production Company – APEN
Osita is a co-creator and founder of a Movie Production Company called APEN, an acronym for Aki and Pawpaw Entertainment Nigeria launched in 2012 with his stage twin Chinedu Ikedieze. The two also own Aki and Pawpaw Entertainment (APEN) and Aki n’ Paw Child Care Foundation.
Osita Iheme is also a farmer as he has a big garden full of vegetables, but it is not certain if he is taking it as a business or just a hobby. Additionally, Osita founded Inspired Movement Africa, and he is Rotary International’s New Generation Ambassador for District 9110. He also released a book titled Inspired 101, a compilation of the author’s quotes and an insight into his life and background.
The Actor Has Signed Many Endorsement Deals
Osita Iheme’s unique talent could not go unnoticed as it has attracted him to a couple of endorsement deals over the years. In 2012, the actor signed one of his biggest endorsement deals with a South African TV company worth N11.2 million. Osita became the new face of the South African entertainment television station VUZU TV after signing a six months deal of $70,000 (N11.2 million) contract.
Other deals the actor has signed include;
- Western Lotto: where he is a brand ambassador and has helped the business acquire fame by making many publicity plans, including their football and chill idea. The plan was initiated to advance the Nigerian football culture. Osita works with Chinedu Ikedieze and Odunlade Adekola to sell the Western Lotto brand.
- Blackbet: a gaming company, which he makes adverts for on social media platforms.
Summary of Osita Iheme’s Income Sources
- Hospitality Business
- Music Label
- Movie Production
- Endorsement Deals
A Look At How Osita Iheme Spends His Wealth
He Has a Mansion in Imo State
Osita Iheme’s house was not known until not long ago as he is secretive about his personal life and hardly uses his social media accounts to showcase any of his possessions, as many would. Aside from his luxury hotels, the actor also revealed he has a magnificent building in Imo State. The house, located in Owerri, Imo State, looks colorful and beautiful with some unique features like 5 bedrooms, a game room, a home office, a movie theatre, and a giant swimming pool.
Though the actor is yet to state how much he used to erect and decorate the magnificent building, looking at its interior, one would not doubt that millions went in for it. In fact, Osita is said to own one of the most beautiful and lavishly decorated edifices in Owerri. Asides from that, the actor is said to own other houses in Lagos and other parts of Nigeria. However, details about the houses have not been disclosed.
His Car Collection
In addition to being a lover of cars, you could also find a collection of various brands of luxury cars in his mansion. They include;
- Land Rover LR3 (₦4,740,000): A luxury car with excessive weight stunts performance, complicated audio, and 300hp horsepower. The car also has a towing capacity of 7,716 lb and a 4.4 L V8 engine.
- 2018 Toyota Harrier (₦50 million): This is one of the biggest luxury cars you would find in the actor’s garage. The 5.7 inches-long car has two rows of seats and would compete with models such as Hyundai Santa Fe, Ford Edge, and others.
- Honda NSX sports car (N58 million): This is apparently one of the most expensive rides the Nollywood star Osita Iheme has. The car is equipped with an on-board infotainment system that includes a 7-inch touchscreen, apple car play, Android Auto smartphone integration, SiriusXM satellite radio, and a 9-speaker ELS studio audio system.
Osita Iheme’s Awards and Honors
Due to his unique talents both in acting and otherwise, he has bagged some awards and honors to himself, which include;
- Lifetime Achievement Award at the African Movie Academy Awards, which he got in 2007
- Best Actor in a Leading Role Award in the Africa Movie Academy Awards in 2006
- Best Actor in a Supporting Role Award in the Africa Movie Academy Awards in 2011
- Best Actor in Nigeria Award in the African Magic viewers’ Choice Awards in 2014
- He was honored as a member of the order of the Federal Republic (MFR) by President Goodluck Jonathan in 2011
Osita Iheme’s Net Worth Compared to Chinedu Ikedieze
Comparing Osita Iheme’s net worth with that of Chinedu Ikedieze is something that fans and Nollywood lovers also have a keen interest in. The two actors have gone a long way together onscreen and have even shared businesses. Chinedu Ikedieze’s net worth is estimated to be $3.5 million, while Osita Iheme’s net worth is estimated to be $3.5 million. Vividly, from the above figures, Chinedu Ikedieze and Osita Iheme are said to have the same net worth. However, these figures are estimated and could be more than what is available. Nevertheless, both actors are highly successful in their various endeavors.