Osita Iheme’s net worth of an estimated ₦1.3 billion is proof that the actor who became popular for his role as Pawpaw in the 2002 comedy Aki na Ukwa has built quite an impressive career in the Nigerian film industry. At the initial stage of his career, the actor who played mainly childlike roles became notorious for his mischiefs but he would later go on to show that he is a versatile actor by taking up adult roles in subsequent years.
As of now, the Aki na Ukwa star ranks among the highly sort-after actors of his time. He is handsomely rewarded for his film appearances and together with his other business interests, the actor has been able to fund his very affluent lifestyle.
How Osita Iheme’s Net Worth Of ₦1.3 Billion Accrued
The film business in Nigeria is actually one of the most lucrative sectors that have contributed to not only boosting the economy of the country but produced self-made billionaires. Osita Iheme is a typical example of young people the Nigerian film industry has enriched as his net worth has been pegged at a staggering ₦1.3 billion. Apparently, his talent helped him climb to achieve this feat, and being a smart businessman, he has gone on to invest in other areas outside the film business.
His Breakthrough As An Actor Came Early In His Career
The seasoned actor actually started his career in the early 2000s. Although there is no record of him having any formal education or training as an actor, Osita Iheme began to win the hearts of many movie lovers in Nigeria with his mischievous childish roles. However, in 2002, he came into the limelight for playing Pawpaw in Aki na Ukwa. He starred alongside his popular on-screen brother, Chinedu Ikedieze and the duo’s performance was laudable. The movie gained a lot of attention both in Nigeria and other parts of the world, especially African countries where Nollywood movies are widely watched.
Since then, Osita’s career skyrocketed and he has been seen in nothing less than 200 movies. More so, he has gone on to take up more mature roles which have earned him recognition both at the local and global level.
He’s Currently Paid Heavily For Film Appearances
Not many actors in Nollywood who started at an early age were able to maintain their relevance in the industry as it evolved over time. However, that is not the case with Osita Iheme as he has not only been able to maintain his relevance in the film business but has also attracted very lucrative acting deals over the years.
He ranks among the A-lists actors in the industry and going by how much has been speculated to be the average pay in the Nigerian film business, he is estimated to make about N500,000 and above for his film appearances. This is also considered to be the same range other stars like Chinedu Ikedieze rakes in as the pair did not just start out together but also have equal net worths (approximately N1.3 billion for each of them).
This top Nigerian actor has also landed several endorsement deals over the years which have contributed to his net worth. He has been a brand ambassador for Western Lotto and helped the business to gain popularity by championing several publicity plans like their Football & Chill initiative. This idea was developed to advance the football culture in Nigeria and the place was designed to ensure that anybody who walks in enjoys a great atmosphere of music, football, comedy, and gaming.
Osita reportedly works with the likes of Chinedu Ikedieze and Odunlade Adekola to sell the Western Lotto brand. Another gaming company he is currently representing is Blackbet and he can be seen making various adverts for them on social media.
More so, in 2012, the actor is known to have signed an endorsement deal worth a whopping N11.2 million with a TV company in South Africa. Osita got this deal because of his popularity in the country and the TV company had intentions to leverage this to raise awareness about their brand. The deal lasted for about 6 months and during that period, Osita’s main duty was to feature in commercial campaigns for the company.
Other Business Interests
Osita Iheme is also known to have doled out about N100 million naira to build his house in his state of origin, Imo but the project which has caught the attention of many is the Resident Hotel also located in Imo State. The hotel was built to provide maximum luxury to its customers and it has facilities that range from a spa to various relaxation spots within its vicinity. It is also notable for karaoke nights on Thursdays and Saturdays.
Osita Iheme Owns Very Expensive Automobiles
With a net worth of over a billion naira, Osita Iheme lives a very luxurious lifestyle and this is evident in the kind of cars he drives. Here’s a glimpse at his garage:
1. Land Rover LR33
- Cost: N25 Million (estimated)
- Year Acquired: N/A
The Nollywood star is a proud owner of the luxurious Land Rover LR3 which has been described as a car that one can use for both off-road and on-road cruising. It provides maximum comfortability as its interiors are fitted with the best materials. Other notable features of the car that aids its excellent performance include having:
- a towing capacity of 7,716 lb
- 12 city / 17 highway MPG
- a5,796 lbs curb weight
- a 4.4 L V8 engine
- Dimensions reading: 191″ L x 75″ W x 74″ H
- Horsepower of 300 hp
2. Toyota Harrier
- Cost: N50 Million (estimated)
- Year Acquired: N/A
Osita is believed to have bought this car before the Land Rover but the exact date he got it remains uncertain. This SUV is also a very classy and luxurious ride which comes with a lot of space in the interior. This is largely due to the fact that the Toyota Harrier has 2 rows seat and its length is 5.7 inches longer than the typical compact RAV4.
3. Honda NSX Sport Car
- Cost: N58 Million (estimated)
- Year Acquired: N/A
For this car, Osita Iheme spent about N58 million and it is notable for its speed as it needs only about 3.1 seconds to move from ground zero to 100km/h. Other notable features of this sports car include having:
- 3.5 L twin-turbocharged V6 engine
- 3 electric motors
- A space frame designed with aluminum and ultra-high-strength steel