Emeka Okonkwo (born 18 February 1981) is a Nigerian business mogul and Five Star Music Records CEO. He is also the brother of musical artist Kcee.
His wealth is derived from various investments and businesses, including a shipping company based in Lagos and investments in Union Bank Nigeria Plc.
He also has unnamed real estate ventures and other financial keyholes off the country’s coast.
He is married to Juliet Okonkwo, and his net worth is $30,000,000.
E-Money owns several expensive cars and lives in a N250,000,000 gold-furnished mansion in Ikeja, Lagos State.
| Real Name | Emeka Okonkwo |
| Date of Birth | February 18 1981 |
| State of Origin | Anambra State |
| Nationality | Nigerian |
| Marital Status | Juliet Okonkwo |
| Children | Three (3) |
| Height | 5 ft 9 |
| Source of Wealth | Entrepreneur, investor and business tycoon |
| Networth | $70 million |
Early Life
E-Money’s journey to prosperity commenced with a $2 million contract, breaking free from the tough upbringing in the Ajegunle neighbourhood of Lagos State. Born Emeka Okonkwo on February 18, 1981, alongside his elder brother Kcee, he faced the challenges of a modest background. Despite his father’s reservations about the music industry, citing its perceived lack of profitability, E-Money drew inspiration from his humble beginnings to strive for a brighter future.
Education
Attending Ajegunle Primary School and later a secondary school near their family home, E-Money’s financial struggles didn’t deter his pursuit of education. He ventured outside Lagos after post-secondary education, honing skills that would later contribute to his success.
Business Triumphs
E-Money’s empire spans the shipping and music industries, earning him the moniker ‘money man.’ As the CEO of Five Star Music, he has supported renowned artists like Harrysong, Skiibii, and KCEE. Beyond music, E-Money owns Emy Cargo and Shipping Nigerian Limited, a shipping company in Lagos. His portfolio extends to real estate, oil and gas, and Union Bank of Nigeria PLC investments. Reports suggest he might have more ventures abroad.
How E-money Makes His Money
E-Money has amassed his wealth through various successful ventures. Here’s a full list of his income sources:
- Emmy Cargoes Nigeria Limited: E-Money is the CEO of Emmy Cargoes Nigeria Limited, a shipping and clearing services company established in 2007. The company provides import and export services globally and sells brand-new and pre-owned luxury cars of American specifications at competitive prices.
- Five Star Group: He owns the Five Star Group, which is involved in the production of made-in-Nigeria tomato paste, sweet corn, coconut milk, and mackerel in tomato sauce. The group is also active in the oil and gas business.
- Five Star Music is a record label that has signed top Nigerian artists, including E-Money’s brother KCee and HarrySong. The brand has been successful in the music industry and has contributed to E-Money’s wealth.
- Oil and Gas Ventures: E-Money is involved in the oil and gas industry, with investments and business activities in this sector contributing to his overall income.
- Real Estate Investments: He has invested in high-end properties, including luxury homes in Los Angeles, Miami, and New York, as well as several luxury resorts.
These reflect his entrepreneurial spirit and business acumen, leading to his substantial net worth.
Full list of E-money Cars
E-Money is not only interested in houses but also cars; here is the full list of all his cars:
- Two 2020 Rolls-Royce Phantoms, each valued at over 250 million Naira
- Pimped Mercedes-Benz Sprinter, valued at approximately 70 million Naira
- Bulletproof Lexus LX 570
- Toyota Land Cruiser V8
- Mercedes Benz S560 Sedan
- Mercedes Benz G-Wagon
- Armored Lexus LX 570
- Prado Jeeps
- Jaguars
- Range Rovers Sport
- Ford F-150
Personal Life
Married to Juliet Okonkwo, E-Money is a father of three sons, and the family resides in the United Kingdom. Their journey began in 2003 during their second year in university, evolving from friends to marriage in 2010. The early challenges, including borrowing money for transportation, culminated in a $2 million contract offer during a pivotal trip.
E-Money’s lavish lifestyle is evident in his N250 million mansion in Ikeja, Lagos State, and a fleet of luxury cars, including a Mercedes Benz Sprinter (N30,000,000), a Lexus LX 570 (N39,000,000), and various SUVs and sports cars. He gifted his brother Kcee a Mercedes Benz G Wagon worth N20,000,000.
E-Money Net Worth
Acknowledged with a City People Movie Special Recognition Award and named Entertainment Executive of the Year at the Nigeria Entertainment Awards, E-Money’s net worth stands at $30,000,000, a testament to his diverse and thriving investments.
