NOLLYWOOD actress Stella Damasus and her children have been revealed as billionaires courtesy of her late husband, Jaiye Aboderin.
Damasus, who shared a trust fund with her daughters 20 years ago, is in charge of the fund, which has grown to billions of naira and is expected to generate millions of dollars monthly.
The actress and her daughters have relocated to Nigeria to access the funds, Nollywood which were previously held by a Nigerian bank.
Sources in the financial World confirm the money was handed to the actress who has temporarily relocated to Nigeria with her two adult daughters.
The sources say that after Jaiye died, a Trust fund named ‘Estate Of Jaiye Aboderin’ was opened by the Aboderins and the account was fixed for Jaiye’s two daughters in one of the merchant banks.
Sources confirm that the Aboderins are no longer signatories and that Stella is now in charge of the account, which pulls in interest rates to the tune of millions every month.
Stella and Jaiye had been married for just a few years with two daughters before Jaiye slumped and passed on 20 years ago.
The two daughters are reportedly now adults and can access their monies under the supervision of their celebrity mum.
Eighteen-Eleven Media