E-Money's net worth, houses, private jet, cars, family and more

E-Money's net worth, houses, private jet, cars, family and more

E-Money is one of the most affluent persons in Nigeria. He is a famous investor, entrepreneur, business tycoon, and the chief executive officer of Five Star Music. He also has interests in oil, gas, and shipping. Besides investing in his home country, he owns multiple businesses abroad. Discover E-Money's net worth today.

E-Money's net worth allows him to live in a gold-furnished home
The business tycoon in purple, black, and white agbada outfits. Photo: @iam_emoney1 (modified by author)
Source: UGC

E-Money's real name is Emeka Okonkwo. He is a Nigerian tycoon with multiple investments in Nigeria and overseas. Learn E-Money's net worth and his sources of wealth today.

Profile summary

Full nameEmeka Okonkwo
Nicknames E-Money/ Arab Money
Date of birth18th February 1981
Age42 years (as of 2023)
Place of birthAjegunle, Lagos, Nigeria
Current residenceNigeria and the United Kingdom
Nationality Nigerian
EthnicityAfrican (Igbo)
Zodiac signAquarius
Height5 ft 9 in (175 cm)
Hair colourBlack
Eye colourBlack
Marital statusMarried
E-Money's wife Juliet Okonkwo
Children 3
ProfessionInvestor, entrepreneur, and business tycoon

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What is E-Money's net worth?

What is the net worth of E-Money? The investor, entrepreneur, and business tycoon has a net worth of $55 million. The business mogul was born on 18th February 1981, making him 42 years old as of 2023.

He makes his money from multiple income streams. Going by the current exchange rate, E-Money's net worth in 2023 is about 43.56 billion Naira.

Emeka Okonkwo is the younger brother of Kingsley Okonkwo, alias Kcee, a famous Nigerian musician.

What does E-Money do for a living?

Emeka Okonkwo is also known as Arab Money because of his luxurious lifestyle. He loves white and gold clothes that make him look like an Arab Sheikh. He is worth about $55 million from the income streams explored below.

Emy Cargo and Shipping Services Nigeria Limited

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.

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E-Money's business imports and exports services to customers all over the world. It also sells brand-new and pre-owned luxury cars of American specifications at competitive prices.

Five Star Music

Arab Money is also the chief executive officer of a record label called Five Star Music. The record label has signed top Nigerian artists, including his brother KCee and Harry Song.

Five Star Oil & Gas

The entrepreneur also runs an oil and gas company called Five Star Oil & Gas. E-Money and Kcee launched the oil and gas company in 2016.

How does E-Money spend his extensive wealth?

The business tycoon is known for his luxurious lifestyle. He often posts flashy pictures on social media. Besides buying expensive shoes and shoes, his most luxurious possessions are explored below.

E-Money's houses

The multi-business investor 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.

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The property is allegedly worth over N250 million. Its interior resembles an Arabian Sultan's palace and features a private gym. He allegedly owns another mansion in Lekki, Lagos.

E-Money and Kcee own a village home in Uli, Anambra State. Kcee and E-Money's house in the village is luxurious as well. The siblings came together to build the expensive village mansion.

E-Money's cars

The business tycoon owns a fleet of luxury SUVs and sports cars. His car collection is worth millions of Naira.

He once presented a Mercedes-Benz G-Wagon worth N20 million to Kcee on his birthday. Some of the models in his collection are listed below.

  • Mercedes Benz Sprinter worth about N30 million
  • 2017 Lexus LX 570 Jeep worth over N39 million
  • Jaguar
  • Range Rover Sport
  • Rolls Royce
  • Toyota Hilux
  • Land Cruiser

E-Money's private jet

E-Money's family is based in the United Kingdom. He is a father of three boys, and his wife is Juliet Okonkwo.

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Since he has interests in the United Kingdom and Nigeria, he flies frequently. Although he flies often, he does not own a private jet yet. It is believed that he hires the jet he uses to travel.

How old is E-Money from Nigeria?

The business mogul is 42 years old as of 2023. He was born on 18th February 1981, and his Zodiac sign is Aquarius.

Who is the richer between E-Money and Wizkid?

Emeka Okonkwo is wealthier than Wizkid. Ayodeji Ibrahim Balogun, alias Wizkid, is a Nigerian singer and songwriter worth $4 million.

Who is richer between E-Money and Obi Cubana?

Obi Cubana, a Nigerian businessman, entertainer, entrepreneur, and philanthropist, is richer than Arab Money. He is worth $96 million, while E-Money's net worth is $55 million.

What is Davido's and E-Money's net worth in 2023?

Singer Davido is worth $10 million in 2022, while Emeka Okonkwo's net worth in 2023 is $55 million.

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Who is E-Money's wife?

The business mogul's wife is Juliet Okonkwo. She is based in the United Kingdom with the couple's three sons.

Did the police warn E-Money about flaunting his wealth online?

Yes, the Nigerian Police Unit warned the wealthy investor against flaunting his wealth too much. The officers expressed worry over the possibility of drawing excessive attention to himself. The tycoon still posts pictures of his cars, houses, and leisure time on social media.


  • E-money is a philanthropist who is actively involved in charity in his home country.
  • His father was a DJ.
  • He and Kcee were once evicted from a house in Lagos because of rent arrears.

E-Money's net worth is quite impressive, making him among the wealthiest Nigerians today. The investor, entrepreneur, and business tycoon has multiple sources of income.

Legit.ng recently published Wizkid and Davido's net worth. Wizkid and Davido are two of the biggest names in Nigeria and Africa's entertainment industry.

These iconic music figures are well-known for their music. They are also known for other endeavours, including brand endorsements, commercials, and business ventures.

Source: Legit.ng

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