Stella Damasus Reportedly Becomes Billionaire After Receiving ₦3.5 Billion Trust Fund from Late Husband’s Family

Veteran Nollywood actress Stella Damasus has reportedly entered the billionaire league, with social media buzzing over claims of her newly acquired wealth and her relocation to Nigeria.

According to popular entertainment blogger Stella Dimoko Korkus, Stella recently accessed a ₦3.5 billion trust fund set up by the family of her late husband, Jaiye Aboderin. The fund, named the “Estate of Jaiye Aboderin,” was established to benefit the couple’s two daughters following Jaiye’s tragic passing 20 years ago. Over the years, the fund accrued significant interest, making it a substantial fortune.

Reports suggest that Stella, who had been living in the United States for several years, moved back to Nigeria in early 2024 to secure access to the funds after learning about their existence. This financial milestone comes shortly after Stella and her daughters paid a heartfelt tribute to Jaiye on the 20th anniversary of his death, a moment that highlighted the family’s enduring connection to their patriarch.

Fans and followers of the actress have taken to social media to celebrate the news, expressing admiration for her resilience and wishing her well in this new phase of life. With her incredible talent and now substantial wealth, many speculate that Stella might embark on fresh projects or ventures in the entertainment industry, solidifying her iconic status.

For Stella Damasus, this marks not just a significant financial achievement but also an opportunity for new beginnings.