Nollywood veteran actress Stella Damasus and her daughters have reportedly entered Nigeria’s billionaire circle through an unexpected inheritance from her late first husband, Jaiye Aboderin. The revelation, which has captured public attention, brings to light a touching story of familial foresight and generational wealth planning.
According to detailed reports from entertainment journalist Stella Dimokokorkus, the Aboderin family had established a trust fund titled ‘Estate Of Jaiye Aboderin’ following his untimely death two decades ago. The fund, which was created in a prominent Nigerian merchant bank, has reportedly grown to an impressive sum of 3.5 billion naira, marking a significant financial milestone for the family.
The story takes on added significance given its timing, coming exactly twenty years after Jaiye Aboderin’s sudden passing. Sources within the financial sector have confirmed that Damasus, who has been residing in America, made the decision to relocate to Nigeria in early 2024 upon discovering the existence of this substantial trust fund. The move represents not just a financial windfall but a poignant reconnection with her late husband’s legacy.
This development adds a new chapter to Damasus’s story, which has been marked by both triumph and tragedy. Her marriage to Jaiye Aboderin, though brief, left an indelible mark on her life and career. The couple had been married for just a few years and had two daughters when Aboderin tragically collapsed and passed away, leaving behind a young family but, as now revealed, also leaving behind careful provisions for their future.
The Aboderin family’s decision to establish this trust fund two decades ago demonstrates remarkable foresight and commitment to securing the future of their late member’s children. This act of financial planning has not only provided substantial wealth but also ensures ongoing financial stability for generations to come, exemplifying how thoughtful estate planning can create lasting impact across generations.
The timing of this revelation coincides with Damasus’s return to Nigeria, marking a significant shift in her life trajectory. After spending considerable time building a career and life in America, this homecoming, prompted by the trust fund’s maturity, represents both a practical and emotional journey back to her roots.
This story has resonated particularly strongly within Nigeria’s entertainment industry and business circles, serving as a reminder of the importance of legacy planning and family wealth management. The Aboderin family’s approach to securing their late member’s children’s future has been widely praised as an example of responsible wealth transfer and family care.
As Damasus and her daughters adjust to their new financial status and life back in Nigeria, their story stands as a testament to the enduring bonds of family and the power of thoughtful financial planning. The actress, who has maintained a relatively low profile in recent years, now finds herself at the helm of significant wealth, tasked with managing and preserving it for her children’s benefit.
The revelation of this inheritance has not only transformed the financial status of Damasus and her daughters but also serves as a powerful reminder of Jaiye Aboderin’s lasting legacy, extending far beyond his brief time with his family. As they join Nigeria’s billionaire ranks, their story continues to unfold, marked by the extraordinary foresight of a father’s love translated into lasting financial security for his children.
