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Home Lagos News

E Money Net Worth 2024

by Ayomide Alausa
June 30, 2024
in Lagos News
0
E Money Net Worth
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Emeka Okonkwo, better known by his alias E-Money, has established himself as a prominent Nigerian business magnate and investor. He has achieved immense success in both the investment and entertainment spheres, earning him a revered status in Nigeria’s business community.

E-Money’s journey to success wasn’t always smooth sailing as he once faced financial struggles. However, his unwavering determination and entrepreneurial spirit propelled him to become one of the wealthiest men in Nigeria.

As the CEO of Five Star Music, E-Money has garnered recognition as a prominent investor and entrepreneur. He has also diversified his business interests, venturing into the oil, gas, and shipping industries. E-Money’s business prowess extends beyond Nigeria as he also owns multiple businesses overseas. His success story is proof of his hard work and unwavering commitment to achieving greatness.

Being a renowned personality in Nigeria, many fans are curious about the source of his vast wealth. In the following paragraphs, we’ll talk about E Money’s net worth and take a closer look at his impressive accomplishments.

E Money Biography

E-Money, whose real name is Emeka Okonkwo, was born on February 18, 1981, in the Ajegunle area of Lagos, Nigeria. 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 gained notoriety after he began to display his wealth by extravagantly throwing money around. His lavish lifestyle earned him the nickname “Arabic money” due to his excessive generosity.

He is 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.

E-Money is also a devoted husband and father. He has been married to his beloved wife, Juliet, for about eight years now, and together, they are proud parents of three sons.

E-Money had met Juliet back in 2003, when he was still struggling to make ends meet. She was just the woman he was looking for – kind, God-fearing and non-materialistic. Their love story has been going strong ever since.

E Money Net Worth

E-Money is estimated to have a net worth of $100 million. His diversified business empire comprises various ventures, including Five Star Music – a leading entertainment company in Nigeria – as well as real estate, oil and gas, and other entertainment-related businesses.

In addition to his entrepreneurial success, E-Money is also known for his philanthropic work, having donated millions of dollars to various charitable causes.

E-Money Source of Income: What does he do for a living?

E-Money is a highly acclaimed and widely recognized individual who has made a name for himself as a successful entrepreneur, astute investor, and generous philanthropist.

He has achieved unparalleled success in the world of business and has amassed substantial wealth through his diverse range of ventures and strategic investments.

Five Star Group


E-money founded the Five Star Group, a diversified conglomerate that operates in Nigeria. The company specializes in the production of high-quality tomato paste, sweet corn, coconut milk, and mackerel in tomato sauce.


In addition to its thriving food business, the Five Star Group is also actively involved in the oil and gas sector, providing employment opportunities for many people in the region.

Five Star Music

He is the current chief executive officer of Five Star Music, a prominent record company based in Nigeria. Under this label, he has sponsored and nurtured the talents of several Nigerian music artists, including Harry Song, Skibii, and his older brother Kcee.

Empire Entertainment

E-Money has also made quite a fortune through a company called Empire Entertainment. This company does many things related to entertainment, like making music, TV shows, movies, and online content. Through Empire Entertainment, E-Money has produced some of the most popular entertainment of the past ten years.

Emmy Cargoes Shipping Nigeria


Emmy Cargoes Shipping Nigeria Limited is a reputable and reliable shipping company that specializes in handling the clearance, forwarding, and shipping of various commodities. The company is expertly led by E-money, who serves as its CEO and brings a wealth of experience and knowledge to the business.

With E-money at the helm, Emmy Cargoes Shipping Nigeria Limited is known for its exceptional service, attention to detail, and commitment to meeting the diverse needs of its clients.

Investments


E-Money’s successful career commenced with his initial investment in the Nigerian real estate market. With sharp business skills and a knack for spotting lucrative opportunities, he diversified his portfolio to include stocks, bonds, and other financial instruments.

Such shrewd investments have yielded considerable returns, enabling him to broaden his horizons and venture into numerous other industries.

E money Assets

Cars

E Money’s garage is filled with so many luxurious cars, they include two Rolls-Royce Phantoms, two units Pimped Mercedes-Benz Sprinter, a Mercedes Benz S650, a Toyota Hiace bus, Toyota Land Cruiser, Ford F-150, a bulletproof Lexus LX 570, a Mercedes Benz G-Wagon, etc.

Houses

E-Money has made significant investments in numerous high-end properties across the United States. He has luxurious homes located in some of the most sought-after areas of Los Angeles, New York, and Miami.

In addition to these residential properties, E-Money also owns a selection of exclusive resorts that cater to the high-end market.

Wrap Up

Overall, E-Money’s expertise in maximizing his income and net worth is unparalleled. He possesses exceptional acumen when it comes to identifying lucrative investment opportunities and relentlessly pursues them.

His astute business tactics have propelled him to the pinnacle of success, making him one of the wealthiest and most accomplished entrepreneurs worldwide.

Ayomide Alausa

Ayomide Alausa

Ayomide is BestLagos.ng’s go-to expert for everything happening on the ground in the city, covering Metro issues, infrastructure, and deep neighborhood guides. Ayomide’s content is defined by a commitment to granular, verified local detail, the kind of information only an actual resident would know. Geographic Authority: Ayomide spent two decades navigating Lagos, specializing in deep-dive reports across key local government areas (LGAs) like Surulere, Ikeja, and Lekki. This localized expertise provides a crucial, human perspective on systemic issues. The Lagos Commuter Lens: Ayomide’s analysis is heavily influenced by real-world constraints, such as verified traffic bottlenecks, power stability reports for specific districts, and the true cost of local services. Ayomide's primary function is ensuring our readers save time, money, and hassle when moving through Lagos.

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