E-Money Biography, Net Worth, Career, Cars, Wife, Children

Happiness HappinessApril 13, 2025

Emeka Okonkwo, widely known as E-Money, is a prominent Nigerian businessman renowned for his significant contributions to various industries, including music, shipping, oil and gas, and real estate. Born on February 18, 1981, in Ajegunle, Lagos State, Nigeria, E-Money’s journey from humble beginnings to immense wealth and influence serves as an inspiring testament to resilience and entrepreneurial spirit.

Profile

Category	Details

Full Name

Emeka Okonkwo

Nickname

E-Money

Date of Birth

February 18, 1981

Place of Birth

Ajegunle, Lagos State, Nigeria

State of Origin

Anambra State, Nigeria

Nationality

Nigerian

Marital Status

Married

Wife

Juliet Okonkwo

Children

Three sons (based in London)

Profession

Entrepreneur, businessman, philanthropist, and music executive

Notable Companies

Five Star Music, Emmy Cargoes Nigeria Limited, Five Star Oil & Gas, Real Estate Investments

Net Worth

$45 million (estimated)

Key Industries

Music, Shipping, Oil and Gas, Real Estate

Luxury Cars

Rolls-Royce Phantom, Mercedes-Benz Sprinter, Lexus LX 570, Mercedes-Benz G-Wagon

Philanthropy

Infrastructure projects in Uli (Anambra State), various community contributions

Social Media

Instagram: @iam_emoney1

Awards

City People Movie Special Recognition Award, Nigeria Entertainment Award (Entertainment Executive of the Year)

Early Life and Education

E-Money hails from Uli in Anambra State, Nigeria. Growing up in the bustling neighborhood of Ajegunle, Lagos, he experienced firsthand the challenges of urban life. Despite these challenges, he remained focused on his education and personal development, which laid the foundation for his future successes.

E-Money Biography

E-Money Career and Business Ventures

E-Money’s professional journey is marked by strategic diversification across several lucrative sectors:

Five Star Music: In 2010, E-Money founded Five Star Music, a record label that has significantly influenced Nigeria’s music industry. The label gained prominence with the success of artists like his brother Kcee, especially after the release of the hit song “Limpopo” in 2013. Other notable artists associated with the label include Harrysong and Skiibii.
Emmy Cargoes Nigeria Limited: Emmy Cargoes specializes in shipping, clearing, and forwarding services, catering to a global clientele. The company also deals in the sale of both new and pre-owned luxury vehicles, primarily of American specifications.
Oil and Gas Sector: In 2016, E-Money co-founded Five Star Oil & Gas, aiming to tap into Nigeria’s rich natural resources and contribute to the nation’s energy sector.
Real Estate Investments: E-Money’s investment strategy includes substantial interests in real estate, both within Nigeria and internationally. His properties range from luxurious residences to commercial establishments, reflecting his understanding of the real estate market’s potential for wealth generation.

E-Money Wife and Chidren

E-Money is married to Juliet Okonkwo, whom he married in 2010. The couple is blessed with three sons, who are currently based in London. E-Money divides his time between Nigeria, where he manages his business interests, and the United Kingdom, where he reunites with his family. His commitment to his family and roots remains a central aspect of his life.

E-Money Biography

Philanthropy

Beyond his business endeavors, E-Money is also recognized for his philanthropic activities. He has funded infrastructure projects in his hometown, Uli, Anambra State, including road constructions that have significantly improved local transportation. His charitable gestures extend to various communities, reflecting his commitment to giving back to society.

E-Money Awards and Recognitions

E-Money’s contributions to the entertainment industry have earned him several accolades, including:

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

These awards underscore his influence and dedication to his various business ventures.

E-Money Net Worth

E-Money’s net worth is estimated to be over $45 million, accrued from his diverse business interests and investments. His wealth is a reflection of his strategic vision and entrepreneurial acumen across multiple sectors.

E-Money Cars and other Assets

E-Money’s penchant for luxury is evident in his collection of high-end vehicles and properties:

Vehicles:
- Rolls-Royce Phantom: He owns two units of the 2020 model, one for himself and one for his wife, each valued at approximately N250 million.
- Mercedes-Benz Sprinter: Customized for comfort, these vans serve both personal and business needs, with each unit valued at around N30 million.
- Lexus LX 570: This bulletproof SUV combines safety with sophistication, valued at approximately N39 million.
- Mercedes-Benz G-Wagon: A symbol of luxury and status, with a unit valued at N20 million.
Properties:
- Lagos Mansion: Located in Omole Estate, Ikeja, this gold-furnished mansion is valued at over N250 million, reflecting his taste for opulence.
- Anambra State Residence: In his hometown of Uli, E-Money, alongside his brother Kcee, built a lavish mansion as a testament to their success and commitment to their roots.

FAQs

What is E-Money’s net worth in 2021?

As of 2021, estimates of Emeka Okonkwo’s (E-Money) net worth varied, reflecting his diverse business interests and investments. According to a report by Within Nigeria, his net worth was approximately $15 million.

How much was E-Money’s net worth in 2022?

As of 2022, Emeka Okonkwo, popularly known as E-Money, had an estimated net worth of $20 million. This valuation was derived from his diverse business interests, including his record label Five Star Music, his shipping and logistics company Emmy Cargoes Nigeria Limited, investments in the oil and gas sector, and real estate holdings.

What is E-Money’s net worth in 2023?

As of 2023, estimates of Emeka Okonkwo, popularly known as E-Money’s net worth, vary, reflecting his diverse business interests and investments. According to Legit.ng, his net worth was approximately $30 million.

What is E-Money’s net worth in 2024?

As of 2024, estimates of Emeka Okonkwo’s (E-Money) net worth varied, reflecting his diverse business interests and investments. According to some sources, his net worth was estimated at approximately $40 million.

What is E-Money’s source of wealth?

E-Money’s wealth comes from several business ventures:
- Five Star Music: A record label that helped boost the careers of artists like his brother Kcee, Harrysong, and Skiibii.
- Emmy Cargoes Nigeria Limited: A logistics company focused on shipping, clearing, and forwarding, and dealing in luxury vehicles.
- Oil and Gas: E-Money co-founded Five Star Oil & Gas, which has tapped into Nigeria’s energy sector.
- Real Estate: He owns several properties both in Nigeria and abroad, contributing to his wealth.

What luxury cars does E-Money own?

E-Money is known for his extravagant lifestyle, which includes a fleet of luxury vehicles:

- Rolls-Royce Phantom (2020 models): He owns two, valued at approximately N250 million each.
- Mercedes-Benz Sprinter: A customized van valued at around N30 million.
- Lexus LX 570: A bulletproof luxury SUV worth about N39 million.
- Mercedes-Benz G-Wagon: A symbol of status, valued at N20 million.

Who is E-Money’s wife?

E-Money is married to Juliet Okonkwo. They tied the knot in 2010 and have three children together. They are known for their family-oriented lifestyle, with E-Money often sharing moments with his wife and kids on social media.