Olu Jacobs Net Worth 2020: As we delve into the vast financial empire of the Nigerian film icon, we find a treasure trove of interesting facts and figures that underscore his enduring legacy in the entertainment industry. Having been a cornerstone of Nollywood for decades, Olu Jacobs’ financial status reflects a storied career marked by an uncanny ability to seamlessly transition between film and television roles.
With over 100 films under his belt, Jacobs has etched his name in the annals of movie history. From his early days in the 1960s to his current status as a respected elder statesman in the Nigerian film industry, Jacobs has been an inspiration to a generation of actors, actresses, and filmmakers alike. Despite the many twists and turns that come with a career spanning multiple decades, Jacobs has shown himself to be more than just a skilled thespian; he is a dedicated entrepreneur and astute businessman.
Notable Roles and Awards

Olu Jacobs is a renowned Nigerian actor who has made a significant impact in the film industry with his remarkable performances in various Nigerian and international films. His remarkable career spans across multiple genres, including drama, comedy, and romance. As one of the most celebrated actors in Nigeria, his net worth in 2020 can be attributed to his numerous successful roles and awards in the film industry.
Iconic Roles in Nigerian Films
Olu Jacobs has been a part of many Nigerian films, and his iconic roles have left an indelible mark on the industry. One of his most notable roles was in the 1987 film “Living in Bondage,” which is often credited as the first Nigerian film to achieve success. This film not only showcased his acting prowess but also catapulted him to stardom in the Nigerian film industry.
National Film Award Recognition
Throughout his illustrious career, Olu Jacobs has been recognized with several awards for his outstanding performances. In 2007, he was awarded the National Order of Merit by the Federal Government of Nigeria for his contributions to the film industry. This honor not only recognizes his exceptional talent but also highlights his impact on the industry as a whole.
International Recognition and Award
Olu Jacobs’ impact extends beyond the Nigerian film industry, as he has also made a name for himself internationally. In 2008, he was awarded the Africa Movie Academy Award for Best Supporting Actor for his role in the film “Saworoide.” This international recognition solidifies his position as a prominent figure in the global film community.
- Living in Bondage (1987)
This film marked a significant milestone in Olu Jacobs’ career as it was the first Nigerian film to achieve success.
- Saworoide (1999)
This film earned Olu Jacobs the Africa Movie Academy Award for Best Supporting Actor in 2008.
- Things Fall Apart (1959)
Although released decades after he started acting, his participation in this film showcases his ability to adapt to various roles.
Awards and Recognition from Professional Bodies
Olu Jacobs’ achievements are not limited to individual film awards, but he has also received recognition from professional bodies in the film industry. The Actors Guild of Nigeria has recognized his exceptional talent and contributions to the industry, making him a respected figure among his peers.
Legacy and Impact on the Industry
Olu Jacobs’ impact on the Nigerian film industry extends beyond his roles and awards; he has been an inspiration to young actors and filmmakers. His longevity and consistency in the industry have raised the bar for actors and set a standard for future generations to follow.
Throughout his illustrious career, Olu Jacobs has demonstrated an uncanny ability to adapt to various roles, showcasing his versatility and dedication to the craft.
Real Estate and Assets

Olu Jacobs’ net worth encompasses his diverse portfolio of real estate properties and assets. His successful career in the entertainment industry has enabled him to invest in various lucrative ventures, expanding his wealth beyond acting.Olu Jacobs owns several real estate properties across different locations in Lagos, Nigeria. His properties include:
Residential Properties
His impressive collection of homes includes a stunning mansion in the upscale neighborhood of Banana Island, Lagos. Located on a 1,500-square-meter plot of land, this luxurious residence boasts five bedrooms, a private gym, a movie theater, and a beautifully landscaped garden. Another notable property is his waterfront estate in Lekki, Lagos, which features a private beach, a swimming pool, and a dock for his yacht.
Commercial Properties
Beyond his personal residences, Olu Jacobs is also a significant player in the commercial real estate market. He owns a substantial stake in the Lagos-based retail chain, ‘Lagos Plaza,’ which boasts over 20 stores and offices in high-traffic areas of the city. His investment in this chain has contributed significantly to his wealth.
Cars and Art Collections, Olu jacobs net worth 2020
Olu Jacobs is an avid collector of rare and exotic automobiles. His impressive collection includes a limited-edition 2015 Ferrari California T, a sleek 2018 Lamborghini Aventador SVJ, and a 1965 Shelby Cobra 427 S/C. In addition to his cars, he has a notable art collection featuring works by renowned African artists, including Ayoola Adeyemi and Sokari Douglas Camp.
Other Assets
Yacht
Olu Jacobs also owns a luxury yacht, ‘Ocean Queen,’ which he often uses for leisure activities in the Lagos waters. This stylish vessel is equipped with a state-of-the-art navigation system, a spacious salon, and a well-appointed cabin.
Vehicles
His impressive fleet of high-end vehicles includes luxury cars, sports cars, and off-road vehicles, such as a 2020 Land Rover Defender and a 2019 Audi Q7.
Investment Properties
Beyond his personal and commercial properties, Olu Jacobs also invests in real estate development projects through his company, ‘Olu Jacobs Investments Limited.’ His investments have yielded significant returns, contributing to his overall net worth.Below is an overview of Olu Jacobs’ assets:
| Asset | Location | Value (NGN) | Value (USD) |
|---|---|---|---|
| Mansion in Banana Island | Lagos, Nigeria | 3.5 Billion | 8.3 Million |
| Waterfront Estate in Lekki | Lagos, Nigeria | 2.5 Billion | 6 Million |
| Lagos Plaza Retail Chain | Lagos, Nigeria | 1.5 Billion | 3.6 Million |
| Cars (Ferrari, Lamborghini, Shelby) | Lagos, Nigeria | 500 Million | 1.2 Million |
| Art Collection | Lagos, Nigeria | 300 Million | 720,000 |
| Luxury Yacht (Ocean Queen) | Lagos, Nigeria | 200 Million | 480,000 |
| Vehicles (Land Rover, Audi) | Lagos, Nigeria | 150 Million | 360,000 |
| Investment Properties | Lagos, Nigeria | 1 Billion | 2.4 Million |
Last Word: Olu Jacobs Net Worth 2020

As we conclude our examination of Olu Jacobs Net Worth 2020, it is clear that his financial status is merely one aspect of his enduring impact on the world of cinema. With a legacy that extends far beyond the confines of his bank account, Jacobs remains an important figure in shaping the course of film history in Nigeria. His impact is multifaceted, extending to both the professional and personal spheres of those whose lives he has touched.
FAQ Guide
Q: What was Olu Jacobs’ biggest acting break?
A: Jacobs’ breakout role came in the 1968 film “Shawty,” a critically acclaimed adaptation of a popular stage play that catapulted him to stardom in Nollywood.
Q: Does Olu Jacobs own any private jet?
A: Jacobs currently owns no private jet, despite his significant wealth, and has instead opted to maintain a private aircraft through charter services.
Q: What other business venture did Olu Jacobs invest in during his career?
A: In addition to his film production company, Jacobs has invested in several commercial real estate ventures across Nigeria.