Nigerian gossip blog, Stella Dimokokorkus, has revealed that Nollywood actress Stella Damasus and her daughters have become billionaires, due to a trust fund left behind by her late husband, Jaiye Aboderin.
In a recent post, Dimokokorkus revealed that the trust fund, set up 20 years ago for Jaiye’s daughters, has grown significantly over the years.
Access to the blogger, the fund is now worth N3.5 billion, generating millions in monthly interest and Stella Damasus is said to have taken charge of the account.
The report claims that Stella Damasus, who had been living in the United States, relocated to Nigeria in early 2024 to access the funds, which were being managed by a Nigerian bank.
Sources suggest that the Aboderin family is no longer involved with the trust fund, leaving the actress in full control.
The report reads, “Actress Stella Damasus is now a Billionaire to the tune of three point five billion naira courtesy of late first husband Jaiye Aboderin’s family.
“Stella Dimoko Korkus 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.
“The money as at this year accumulated to the tune of three point five billion naira and Stella who has been living in America, relocated to Nigeria early 2024 to access the funds which she recently got to know existed,
“Stella Dimoko Korkus sources confirm that the Aboderin’s are no longer signatory and that Stella is now in charge of the account which pulls in interest rate 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 20 years ago…..
The two daughters are reportedly now adults and can access their monies under the superivsion of their cepebrity mum…”
KanyiDaily recalls that Stella Damasus recently opened up about her failed third marriage with actor and filmmaker, Daniel Ademinokan.