Emeka Okonkwo is known as E-Money, also called Arabic money, because of its luxurious lifestyle. E-Money is one of the wealthiest people in Anambra State and the brother of famous Nigerian artiste Kingsley Chinweike Okonkwo, popularly known as Kcee.
The 5-star music CEO and philanthropist has touched a lot of life among his employees and across.
We would explore E-Money net worth, biography, age, early life, family, parents, education, career, and anything else you would like to know.
- Full name: Emeka Okonkwo
- Date of birth: February 18, 1981
- Age: 39 years
- Nationality: Nigerian
- Marital status: Married
- Spouse: Juliet Okonkwo
- Children: 3
- Occupation: Entrepreneur
- Businesses: 5 Star Music,
- Net worth: $35 million
On February 18, 1981, E-Money was born, in Ajegunle, in the state of Lagos. He is originally from Anambra State in Nigeria but spent most of his life in Lagos, where he completed primary and secondary education.
While many seem to think that E-Money is Kcee’s older brother, the opposite is the case. E-Money is the immediate younger brother of famous musician KCEE. They were not born with a silver spoon, but they have refused to remain poor.
E-Money has revealed that his life has changed for the better after his traditional marriage. He said he was returning from his traditional marriage when he received a phone call awarding him a $ 2 million contract.
E-Money Personal Life
E-Money is married to Juliet Okonkwo, and the marriage is blessed with three children. According to him, he met his wife years back, while Juliet was still in the second year at a higher education institution.
Juliet started going out with E-Money when the latter had nothing. She used to travel from Lekki to Ajegunle to meet him. E-Money as at then was living with his siblings.
Juliet’s friends wondered why she chose E-Money when she could go and find other wealthy people in Lagos city.
E-money’s wife currently lives in the UK with their children, while he regularly travels to see them.
E-Money Business Empire
E-money owns several companies that bring him more money, which, however, increases E-money net worth. His chain of businesses is listed below;
Emmy Cargoes Limited
A company engaged in clearing and forwarding, importing, storing, shipping, transportation, logistics, and selling exotic cars.
His Cargo company was established in 2007 to provide shipping and forwarding services to companies in the Nigerian economy maritime sector. E-Money company has so far been known worldwide to provide import and export services to diverse and numerous customers worldwide, and services range from shipping to ground transportation.
They are also known to sell new and used foreign cars of specific specifications at affordable prices. Different stocks over the years have brought in tons of satisfied customers.
His business has provided employment opportunities nationally and globally. His employees are certified and well-trained shipping/clearing professionals with highly specialized skills in port operations and car sales at a reasonable price.
Five Star Record Label
E-Money is the CEO of five star music record label valued at over $ 500,000.
The record label consists of top acts such as his older brother KCEE, Harrysong, and Skibii. Skibii then left the record label after three (3) years with the record company.
KCEE made the record label popular with the release of his hit song Limpopo in 2013. Harrysong, who joined the record company in 2013, is said to be the creative man of Five Star music. He is a voice coach and video director, although he had problems with E-Money and his brother, although they resolved it and worked together again.
Oil and Gas Sector
E-Money net worth has increased tremendously since he joined the oil and gas sector. His business is known as Five Star Oil and Gas.
E-Money oil and gas company is still in its infancy but is expected to thrive well. E-Money isn’t the first record label owner to invest in the oil and gas industry. However, Don Jazzy of Mavin Records also owns an oil company called Mavin Energy, managed by his brother, Jay Mavin.
Despite this competition, the five-star spectrum of oil and gas is promising and could rival other big hits.
Other Foreign Business Chain
E-Money is said to have several other business chains outside the country. Some are managed by the wife and other business partners and employees.
The import and export sector, E-Money is one of the leading industry leaders, providing significant cash flow. This gives him an excellent financial plan, which could allow him to expand his business empire.
- In April 2019, the American European University awarded him an honorary doctorate in Business Administration and Corporate Governance.
- In 2013, Kcee’s song “Limpopo” won the song of the year at the famous Headies Awards ceremony.
- In 2014, the song “Take Over” won the best song revelation of the yea at the Headies Awards ceremony.
E-Money Net Worth
E-Money net worth is estimated at $30 million, the equivalent of 10 billion naira. And there are no signs of him decreasing, but rather E-Money net worth could increase over time. The world, and in particular Nigeria, should be looking for a future billionaire.