In 2005 he won the Africa Movie Academy Award for Best Actor in a Leading Role. He received a Lifetime Achievement Award at the 12th Africa Movie Academy Awards in 2016.
Mofe-Damijo was married to Nigerian journalist/publisher, May Ellen-Ezekiel (MEE). After her death in 1996, Richard Mofe-Damijo married TV personality, Jumobi Adegbesan, who later left TV for the corporate world.
Mofe-Damijo has four children: two with his current wife and two from his previous marriage.