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E-Money – Business Life And Net Worth Of Emeka Okonkwo


E-money is a young Nigerian billionaire, known for his extravagant lifestyle. He is the CEO of Five Star Group and Emy Cargo Limited.

See Also: 100 Profitable business ideas to start now for aspiring entrepreneurs and investors.

Start Your Business in 30 Days Even If You Don't Have An Idea
Start Your Business in 30 Days Even If You Don’t Have An Idea

E-money Background

E-money whose real names are Emeka Okonkwo is the younger brother of the popular Nigerian singer and performer – Kcee. He was born in Ajegunle, Lagos, Nigeria on the 18th of February 1981.

While some people call him E-money, some others call him Arab money, because of his generosity and lavish lifestyle. He is married to Juliet, and they are blessed with three cute boys. E-money’s wife and sons are based in the United Kingdom, while he is based in Lagos.

E-money didn’t grow up with a silver spoon, he hustled all through to make ends meet. Things were so hard to the extent that he had to borrow transport fare from his brother to bring his wife back to Lagos, after their traditional wedding in the East. The narrative of his life, however, changed on his way back to Lagos, after he got a call to execute a contract worth $2 million.

See Also: How to start a successful mini importation business

E-money Cars And Houses

E-money lives in a gold furnished mansion worth over N250 million in Omole Estate, Ikeja, Lagos. Apart from the mansion, He has several other houses and fleets of cars. Some of his car collections are; a Mercedes Benz Sprinter worth about N30 million and an armoured 2017 Lexus LX 570 Jeep which costs over $90,000. He also got his brother Kcee – a Mercedes Benz G Wagon worth N20 million as a birthday gift.

See Also: How to start an E-commerce business in Nigeria.

E-money Investments

Trust Nigerians! We raise eye brows and ask questions when we see someone living an extravagant lifestyle, especially if you are not Aliko Dangote. On account of this, we would be shedding light on the business investments of E-money. He is not just a spender, but also an entrepreneur who knows how to get back every penny he spends via his business ventures.


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Emy Cargo And Shipping Services Nigeria Limited

The company was established in 2007, as one of the best freight forwarding and shipping services company in Africa. The company is currently known globally for its import and export services to valued customers all over the world. Asides being a clearing and forwarding company, the company also sells both new and used American cars at competitive prices.

Five Star Group

E-money is the owner of the Five Star Group. The company produces made in Nigeria tomato paste, sweet corn, coconut milk, and mackerel in tomato sauce. They are also involved in the oil and gas business.

See Also: History of entrepreneurship in Nigeria and the role of government in entrepreneurship.

Go from idea to starting your business in 30 days
Go from idea to starting your business in 30 days

5- Star Media

E-money established 5-Star Music in 2010, but the record label wasn’t in the limelight until 2013, when they released Kcee’s Limpopo. Kcee is the most prominent artist of the record label, although, Harrysong – who is no longer part of the record label, was said to be the brain behind the label’s success.

5- Star Media signed Harrysong in 2013. Harrysong became a pillar of the record label by helping with voice training, directing and writing songs, etc. Harrysong eventually left 5-star media in 2016, to start his own record label. Meanwhile, in 2014, the company signed another artiste – Skiibii, who also left after 3 years. Skiibii became popular after pulling a death stunt in August 2015.

The record label decided to expand in 2017 so, they hired a new artiste manager as part of their expansion plans. The manager – Chidozie Dike handles all matters concerning 5-Star media.

Awards And Recognitions Of E-Money

  • City People Movie Special Recognition Award
  • Entertainment Executive of the Year by Nigeria Entertainment Award

See Also: Types of entrepreneurship and different classification of entrepreneurs

Quotes Of E-money

“If you set goals and go after them with all the determination you can muster, your gifts will take you to places that will amaze you.”

“I like the dreams of the future, better than the history of the past.”

“Remember you are not entitled to anything. You have to earn your success every day, and you will make mistakes like everyone else.”

“When everything seems to be going against you, remember that the aeroplane takes off against the wind, not with it.”

“The achiever is the only individual who is truly alive.”

“Success cannot come from standstill men. Methods change and men must change with them.”

“People often say that motivation doesn’t last. Well, neither does bathing – that’s why we recommend it daily.”

See Also: Retail Business Ideas You Can Start On A Small Scale And Make Money

E-money Net Worth

E-money is a Nigerian business tycoon with different sources of income. For this reason, he is expected to have a high net worth. Although E-money’s net worth has not been officially stated, according to buzznigeria.com in 2017, his worth was N1.5 billion.

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Image Credit: @iam_emoney1 (Instagram)



5 thoughts on “E-Money – Business Life And Net Worth Of Emeka Okonkwo”

  1. I heard alot about you sir
    May your doing be blessed more and pls remember we looking for help Sir🙏🙏

  2. This man is truly an inspiration to me considering where he started from to where he is today. Very inspiring article.

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