Iyabo Ojo’s Net Worth
Iyabo Ojo stands as one of the wealthiest and most accomplished Yoruba actresses, renowned for her roles in numerous Yoruba movies.
Her estimated net worth is approximately N126.5 million. Beyond her acting career, Iyabo Ojo is a savvy businesswoman, overseeing ventures in catering, spa services, and event planning across Nigeria.
Additionally, she holds a degree in Real Estate Management from a prestigious Nigerian polytechnic, actively practicing her profession.
Throughout her career, Iyabo Ojo has graced the screens in various Nigerian and Yoruba films, including notable titles such as “Bolutife,” “Okunkun Biribiri,” “Ololufe,” and “Esan.” Her multifaceted talents and entrepreneurial spirit have contributed significantly to her impressive net worth and esteemed status within the entertainment and business realms.
Iyabo Ojo’s Biography
Iyabo Ojo’s Early life
In her early years, Iyabo Ojo, born as Alice Iyabo Ogunro on December 21, 1977, in Lagos, Nigeria, emerged into the world. Despite her birth in Lagos, her father hailed from Abeokuta, Ogun State.
Among her siblings, she holds the title of the youngest, with two older brothers.
Iyabo Ojo’s Education
Iyabo Ojo pursued her education in Lagos, attending National College, Gbagbada, for her secondary schooling. Subsequently, she furthered her studies by enrolling in Lagos State Polytechnic, where she pursued a degree in Estate Management.
Iyabo Ojo’s Career
Iyabo Ojo embarked on her acting journey in 1998, initially getting involved in a drama group during her secondary school years.
Her official entry into the Nigerian film industry came after registering with the Actors Guild of Nigeria (AGN), facilitated by Bimbo Akintola, and establishing valuable connections within the industry.
Ojo’s career flourished as she scripted and appeared in numerous Nigerian films. She made her debut in the English-language film “Satanic” in 1998 and transitioned to Yoruba-language cinema with her role in “Baba Darijinwon” in 2002.
Notably, her film “Silence,” featuring Joseph Benjamin, Alex Usifo, Fathia Balogun, and Doris Simeon, premiered at Silverbird Cinemas, Ikeja, Lagos, in January 2015.
In 2004, Iyabo Ojo ventured into film production, marking a significant milestone in her career. Her inaugural production was “Bolutife,” followed by “Bofeboko,” “Ololufe,” “Esan,” and “Okunkun Biribiri.” Alongside her thriving career, she also navigated personal challenges, including divorce, before achieving widespread fame and success in the industry.
Iyabo Ojo’s Personal life
At the age of 21, Iyabo Ojo tied the knot with a Clearing Agent based in Lagos in 1999, temporarily pausing her career pursuits.
During this time, she welcomed two children into the world: a son named Felix Ojo and a daughter named Priscilla Ajoke Ojo, born in 1999 and 2001, respectively.
However, Iyabo is no longer married to their father, and she has openly discussed the dissolution of her first marriage, attributing it to the decision to marry at a young age.
Reflecting on her personal journey, Iyabo Ojo has expressed her intention to discontinue the use of her former husband’s surname, Ojo.
Iyabo Ojo’s Tax Dispute
Iyabo Ojo found herself in the spotlight when the Lagos State Government issued a notice demanding payment of N18,640,092.00 as personal income tax within seven days, or else face penalties.
The government’s letter accused Iyabo Ojo of owing N7,376,000.00 in taxes for the year 2022, along with N11,264,092 in back taxes for the 2021 tax year.
In response, the actress took to Instagram to express her dissatisfaction with the tax assessment, questioning the basis for the hefty amount demanded.
Addressing Lagos State Governor Babajide Sanwoolu and the government, Iyabo Ojo voiced her concerns regarding the substantial tax bill.
She noted that she had already paid various taxes related to her businesses and personal assets and questioned the rationale behind the additional charges.
Despite complying with the government’s request to declare her income and explaining her financial situation through her tax consultant, Iyabo Ojo claimed she did not receive a satisfactory response.
She expressed frustration over what she perceived as a lack of assistance or support from the government while facing an overwhelming tax obligation.
Iyabo Ojo concluded her post by expressing readiness to face any consequences, including potential closure of her business or legal actions, as she deemed the tax demand unreasonable.
She stressed the importance of transparency and fairness in the tax assessment process and questioned the government’s contribution to her personal and professional life.
As a prominent figure in the Nigerian entertainment industry, Iyabo Ojo’s public dispute with the Lagos State Government over her tax obligations has sparked discussions on tax assessment practices and the relationship between the government and individuals in the country.
Pinkies Foundation
Additionally, Iyabo Ojo launched her NGO, Pinkies Foundation, in May 2011, which focuses on helping children with special needs and the less privileged.
She celebrated the foundation’s fifth anniversary in May 2016 at the R&A City Hotel, Ikeja, Lagos.
Activism
In April 2021, Iyabo Ojo strongly condemned fellow actor Yomi Fabiyi for sympathizing with Olanrewaju Omikunle (Baba Ijesha), who was arrested for molesting a minor.
Subsequently, on May 12, 2021, she took legal action against Yomi Fabiyi for making defamatory statements about her.
This led to her blacklisting by the Theater Arts and Motion Pictures Practitioners Association of Nigeria (TAMPAN) on June 28, 2021.
Moreover, Iyabo Ojo publicly accused fellow celebrity Naira Marley of involvement in spiritual and physical dealings with Mohbad, implying potential culpability in his death.
Marley denied these accusations and filed a N1 billion defamation lawsuit against Ojo, who countered with her own legal claims, alleging improper service of the lawsuit.
House
Iyabo Ojo has solidified her status as a property owner, boasting ownership of a luxurious mansion located in Lekki, Lagos State, Nigeria.
Iyabo Ojo’s Car Collection
Iyabo Ojo’s car collection reflects her taste for luxury and comfort, featuring notable vehicles in her garage.
Range Rover HSE
Iyabo Ojo’s favorite and personal car is the Range Rover HSE, a stunning red SUV adorned with a customized plate bearing the inscription “Boss Lady.” This high-end vehicle boasts a range of impressive features, including Keyless Entry for convenient access and security, as well as Windsor leather seats offering 20-way heated front seats with power recline, heated rear seats, and driver and passenger memory functions.
The Range Rover P525 HSE model also comes equipped with 21″ 6 Spoke ‘Style 6022’ alloy wheels as standard, adding to its sleek appearance and performance.
Lexus RX350
Another noteworthy addition to Iyabo Ojo’s car collection is the Lexus RX350. While not her favorite, this vehicle sees frequent use by her family members, including her son.
The Lexus RX350 boasts a luxurious leather interior and impressive power under the hood, featuring an advanced 3.5-liter V6 engine paired with an eight-speed automatic transmission.
Its more rigid chassis enhances responsiveness, providing a smooth and enjoyable driving experience for occupants.
Overall, Iyabo Ojo’s cars exemplify both style and functionality, catering to her preferences for luxury and convenience while ensuring comfort and performance for her and her family.
In conclusion,
Iyabo Ojo emerges as a multifaceted personality within the Nigerian entertainment industry, showcasing remarkable versatility and resilience throughout her career.
With an estimated net worth of approximately N126.5 million, she stands as one of the wealthiest and most successful Yoruba actresses, known for her impactful contributions to numerous Nigerian and Yoruba films.
Beyond her acting prowess, Iyabo Ojo’s entrepreneurial ventures in catering, spa services, and event planning underscore her business acumen and diversification.
Her educational background in Real Estate Management further enhances her professional credentials, reflecting her commitment to personal growth and development.
Amidst personal challenges, including a previous marriage and tax disputes with the Lagos State Government, Iyabo Ojo’s courage to speak out and advocate for fairness and transparency serves as a testament to her resilience and determination.
Her philanthropic endeavors, notably through the Pinkies Foundation, demonstrate her commitment to giving back to society and supporting those in need.
Furthermore, Iyabo Ojo’s activism and willingness to confront social issues within the entertainment industry highlight her advocacy for justice and accountability.
Despite facing backlash and controversies, her unwavering stance on important issues underscores her integrity and commitment to upholding ethical standards.
In addition to her professional accomplishments, Iyabo Ojo’s personal life, including her role as a mother and homeowner, reflects her dedication to family and personal well-being.
Her car collection, featuring luxurious vehicles such as the Range Rover HSE and Lexus RX350, mirrors her refined taste and appreciation for comfort and style.
Overall, Iyabo Ojo’s journey epitomizes resilience, determination, and a relentless pursuit of excellence, inspiring countless individuals within and beyond the entertainment industry.
As she continues to evolve and make significant contributions to various spheres of society, her legacy remains a testament to the power of passion, perseverance, and purpose.
