E-money is a Nigerian businessman who is also into Oil and Gas and Emmy Cargoes Nigeria Limited formerly called Borisa Nigeria Limited (a shipping company). He also has a different chain of businesses abroad.
|Full Name/Nickname||Emeka Okonkwo/E-Money|
|Date of Birth||February 18, 1981|
|Sources of Income||Entertainment, Shipping, and Auto Sales|
|Occupation||Entrepreneur, Investor, Business Tycoon, and the Chief Executive Officer of Five Star Music|
|Net Worth||$55 million|
Who is E-money?
Emeka Okonkwo who is famously known as E-money and also the Nigerian youngest billionaire is an Entrepreneur, Investor, Business Tycoon, and the Chief Executive Officer (CEO) of Five Star Music.
Early Life of E-money
Born Emeka Okonkwo was born on February 18, 1981, in Ajegunle, Lagos, Nigeria, E-Money got his nickname after he started throwing money around and demonstrating what a luxurious life he had. Some other people even refer to him as Arabic money for his over-the-board generosity.
He is the younger brother of the Limpopo crooner, Kcee, and also the official sponsor of his music career plus that of Harrysong and Skiibii. He is also the head of a shipping company called Emmy Cargoes Nig. The company was established in 1997 and was formerly called Borisa Nig. Ltd. He is also into real estate as well as oil and gas.
The tycoon is the chief executive officer of Emy Cargo and Shipping Services Nigeria Limited. The company was established in 2007 to provide shipping and clearing services to the maritime sector of the Nigerian economy. The firm imports and exports services to customers all over the world. It also sells brand-new and pre-owned exotic cars of American specifications at competitive prices.
Emeka Okonkwo is also the chief executive officer of a record label called Five Star Music. The record label has signed top Nigerian artists, including Harry Song and KCee.
The entrepreneur also runs an oil and gas company called Five Star Oil & Gas. The firm makes E-money millions of Naira every year.
What is E-money’s Marital Status?
E-Money is married. He has three sons with his wife, Juliet, whom he’s been married to for about eight years now. According to him, he met Juliet in 2003 when he was still struggling to make money and she was just what he was looking for – a God-fearing and non-materialistic woman.
His family is based in the United Kingdom while E-money is in Nigeria most of the time taking care of business. It is not a problem for the family, however, as he travels to see his wife and sons every other week.
How Did E-money Make his Wealth Overnight?
Being one of the most popular people in Nigeria’s social media space, people are eager to know how he made his fortune! He used to be an ordinary man who was struggling to make ends meet, but today we know him as one of the wealthiest young men in Nigeria. Speaking of his turning point, E-Money recalls coming back to Lagos after their traditional marriage and receiving a call that changed his life forever. “We were on our way to Lagos when I received a phone call informing me that I had been awarded a 20-billion-naira contract and that is how our lives changed forever”, he said.
E-money Net Worth
E-Money’s net worth is estimated at $55 million, He earns a lot of money from both his oil and gas business, shipment and delivery, record label, and Hotels. It is also believed that E-money and Jowi Zaza is the lead investor to Cuthe bana Group of companies Foundered by Obi Cubana
The business tycoon is known for his luxurious lifestyle. He often posts flashy pictures on social media. Besides buying expensive shoes and shoes, below are some of his most luxurious possessions.
The business tycoon owns a fleet of SUVs and sports cars. His car collection features a Mercedes Benz Sprinter worth about N30 million, a 2017 Lexus LX 570 Jeep, Jaguar, Range Rover Sport, Rolls Royce, Toyota Hilux, and Land Cruiser. His car collection is worth millions of Naira. He presented a Mercedes-Benz G-Wagon to his brother Kcee on his birthday.
E-money also owns a gold-furnished luxury mansion in Omole Estate, Ikeja, Lagos. He has posted pictures inside the property, showcasing how he sleeps and sits on gold. The property is allegedly worth over N250 million. The property’s interior resembles an Arabian Sultan’s palace with a private gym. He allegedly owns another mansion in Lekki, Lagos. E-Money and his brother Kcee own a village home in Uli, Anambra State. The two came together to build the massive mansion.