How E-Money built his thriving empire, wealth, and lives each day in pure style
Emeka Okonkwo, popularly known as E-Money, is one of Nigeria’s most successful entrepreneurs, known for his luxury lifestyle and business empire. From modest beginnings, he built a fortune through ventures in oil and gas, real estate, and entertainment. Today, E-Money lives each day in pure style while inspiring others with his success story.
Source: Instagram
TABLE OF CONTENTS
- Key takeaways
- Profile summary
- E-Money's bio
- How old is E-Money from Nigeria?
- How much is E-Money's net worth?
- What does E-Money do for a living?
- How does E-Money spend his extensive wealth?
- How rich is E-Money as compared to other Nigerian artists and businessmen?
- Who is richer between E-Money and Wizkid?
- Which YouTuber has the highest net worth?
- Did the police warn E-Money about flaunting his wealth online?
- Trivia
Key takeaways
- Emeka Okonkwo (E-Money) is known for his wealth, luxury lifestyle, and business success.
- Starting from humble beginnings, he rose to become one of Nigeria’s most influential businessmen.
- He built his empire through investments in oil and gas, real estate, and entertainment.
- His daily life reflects both hard work and elegance, blending success with a taste for style.
Profile summary
Full name | Emeka Okonkwo |
Nicknames | E-Money/ Arab Money |
Gender | Male |
Date of birth | 18th February 1981 |
Age | 44 years (as of 2025) |
Place of birth | Ajegunle, Lagos, Nigeria |
Current residence | Nigeria and the United Kingdom |
Nationality | Nigerian |
Ethnicity | African (Igbo) |
Zodiac sign | Aquarius |
Religion | Christianity |
Sexuality | Straight |
Height | 5 ft 9 in (175 cm) |
Hair colour | Black |
Eye colour | Black |
Marital status | Married |
E-Money's wife | Juliet Okonkwo |
Children | 3 |
Siblings | 1 |
Profession | Investor, entrepreneur, and business tycoon |
Social media |
E-Money's bio
E-Money is a Nigerian entrepreneur and the CEO of Five Star Group, a conglomerate with interests in oil and gas, shipping, real estate, and entertainment. He is also the younger brother of popular Nigerian singer Kcee and co-owner of Five Star Music, one of Nigeria’s well-known record labels.
Known for his lavish lifestyle and philanthropy, E-Money rose from humble beginnings in Ajegunle to become one of the country’s most influential businessmen. His success story is marked by hard work, smart investments, and a passion for helping others. Today, E-Money continues to expand his business empire while living a life of luxury and generosity.
Source: Original
How old is E-Money from Nigeria?
The business mogul is 44 years old as of 2025. He was born on 18th February 1981, and his Zodiac sign is Aquarius.
E-Money's family
E-Money is happily married to Juliet Okonkwo, his longtime partner and the mother of his children. The couple has been together for many years and is admired for their strong and loving relationship. They are blessed with three sons, and E-Money often shares glimpses of his family life on social media, showing how much he values them.
Source: Instagram
How much is E-Money's net worth?
E‑Money’s net worth is estimated at approximately $52 million (about ₦65 billion) as of 2025. He makes his money from multiple income streams.
What does E-Money do for a living?
E-Money is a Nigerian entrepreneur, investor, and philanthropist who earns a living through multiple successful businesses. He is the CEO of Five Star Group, a company with interests in oil and gas, shipping, real estate, and entertainment.
He also co-owns Five Star Music, a popular record label that helped launch the careers of artists like Kcee and Harrysong. Known for his smart investments and business diversification, E-Money has built a thriving empire that continues to grow across various industries.
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.
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, 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.
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 as Mercedes-Benz
- Mercedes-Benz Sprinter is worth about N30 million
- 2017 Lexus LX 570 Jeep worth over N39 million
- Jaguar
- Range Rover Sport
- Rolls Royce
- Toyota Hilux
- Land Cruiser
Does e-money have a private jet?
According to multiple sources, E‑Money does not currently own a private jet. However, it is reported that he sometimes charters private jets for business travel rather than owning one outright.
How rich is E-Money as compared to other Nigerian artists and businessmen?
While E-Money’s net worth in 2025 is estimated at approximately $52 million (₦65 billion), here is a comparison of his wealth to notable Nigerian artists and businessmen:
Davido and E-Money’s net worth
Several sources estimate Davido’s net worth in 2025 at around $100 million, which is more than E-Money's wealth. The Nigerian singer has earned his wealth mainly through music, endorsements, and business ventures.
Obi Cubana and E-money’s net worth in 2025
Source: Instagram
In 2025, Obi Cubana’s net worth is estimated at $96 million, placing him slightly above E-Money, whose fortune continues to grow through his investments in oil, gas, and real estate. Both men are known for their lavish lifestyles and influence across Nigeria.
Kcee E-money's net worth in 2025
As of 2025, Kcee’s net worth stands at around $10 million, while E-Money’s wealth is several times higher. The brothers have both achieved success in their respective fields — Kcee in music and E-Money in business.
The relationship between Kcee and E-Money’s net worth highlights the contrast between entertainment and entrepreneurship. While Kcee thrives as a performer, E-Money dominates in business, reflecting two different yet successful career paths.
Dr E-Money’s net worth
Often referred to as Dr E-Money, Emeka Okonkwo’s fortune is estimated at around $50–$60 million in 2025. His wealth comes from multiple industries, including logistics, real estate, and entertainment.
E-Money and Jowizaza’s net worth
The two celebrities are known for their luxury lifestyles and impressive business achievements. However, Jowizaza’s fortune is estimated at $100 million, making him richer than E-Money.
Who is richer between E-Money and Wizkid?
Comparing Wizkid and E-Money’s net worth, both have amassed fortunes estimated between $48 million – $52 million in 2025. While Wizkid earned his wealth through global music success, E-Money built his empire through entrepreneurship and investments.
Which YouTuber has the highest net worth?
The YouTuber considered to have the highest net worth is Jimmy Donaldson, better known as MrBeast. He has an estimated net worth of $1 billion as of 2025.
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.
On 28 April 2025, the Nigerian was arrested by the Operatives of the Economic and Financial Crimes Commission for allegedly abusing the Naira note. He was reportedly released on bail the following day, but the progress of the case has not been mentioned to the public.
Trivia
- 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.
Through hard work and determination, Nigerian socialite Emeka Okonkwo, also known as E-Money, turned his dreams into reality. His story is a reminder that success comes from vision and persistence. With his growing empire and elegant lifestyle, E-Money continues to shine as a symbol of wealth and inspiration.
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
Cyprine Apindi (Lifestyle writer) Cyprine Apindi is a content creator and educator with over six years of experience. She holds a Diploma in Mass Communication and a Bachelor’s degree in Nutrition and Dietetics from Kenyatta University. Cyprine joined Briefly.co.za in mid-2021, covering multiple topics, including finance, entertainment, sports, and lifestyle. In 2023, she finished the AFP course on Digital Investigation Techniques. She received the 2023 Writer of the Year Award. In 2024, she completed the Google News Initiative course. Email: cyprineapindi@gmail.com
Adrianna Simwa (Lifestyle writer) Adrianna Simwa is a content writer at Legit.ng where she has worked since mid-2022. She has written for many periodicals on a variety of subjects, including news, celebrities, and lifestyle, for more than three years. She has worked for The Hoth, The Standard Group and Triple P Media. Adrianna graduated from Nairobi University with a Bachelor of Fine Arts (BFA) in 2020. In 2023, Simwa finished the AFP course on Digital Investigation Techniques. You can reach her through her email: adriannasimwa@gmail.com
