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Who is E-money and what is E-money’s net worth?

Emeka Okonkwo is famously known as E-MONEY also called Arab money because of his lavish lifestyle. He is a young Nigerian billionaire that made his fortune from different business sectors.

He is into Oil and Gas and owns Emmy Cargoes Nigeria Limited formerly called Borisa Nigeria Limited  (a shipping company).
He is the Chief Executive Officer of Five Star Music, and also has different chain of business abroad.

E-money is one of the influential businessmen in Nigeria and he is the current CEO of Five Star Music and Emmy Cargoes Limited. E-money’s net worth at 2019 is estimated to be $30 million. Find out more about him below.

Childhood and Early Life


E-money was born on the 18th Of February, 1981 in Ajegunle, Lagos State. He hails from Anambra State, Nigeria, but he spent most of his lifetime in Lagos where he completed his primary school and secondary school.

E-money is the immediate younger brother of the popular musician KCEE. They were not born with a silver spoon but they refused to stay poor.

E-Money and his brother
Photo Credit: Naijaloaded

E-money claims that his life changed for the better after his traditional wedding. He stated that he was on his way back from his traditional wedding when he received a phone call that he has been awarded a  contract of $2 million.

Yes, this is a huge amount to change a person’s life.



  • EMMY CARGOES LIMITED – A company that deals in clearing and forwarding, importing, warehousing, sea freight, haulage, logistics and sales of exotic cars.
  • FIVE STAR MUSIC – He is the CEO of Five Star Music, a record label said to worth over $500,000.

The top artist of his record label is his elder brother KCEE, Harrysong and Skibi. Skibi later left the record label after three(3) years with the label.

KCEE made the record label popular in 2013 with the release of Limpopo. Harrysong who signed up on the record label in 2013 was reported to be the creative man behind Five Star Music.

He is the voice trainer and video director though he also had issues with billionaire and his brother but they later settled it and they are working together again.

e-money net worth
E-money’s Five Star Group
  • OIL AND GAS – He is also into Oil and gas.

Personal Life

E-money is happily married to his longtime girlfriend Juliet. He mentioned that Juliet was his first ever girlfriend and first love he met in 2003.

She was God-fearing, they both loved each other and decided to be faithful and committed. They got married in 2007.

Emeka Okonkwo met his wife Juliet Okonkwo when he was still young, broke and still financially unstable but Juliet stood by him and loved him unconditionally.

emoney and his wife
Picture of E-money and His Wife
Photo Credit: Theinfong

“Juliet was in her second year when I met her. I found all the qualities I want in a woman in her. She was God-fearing and not excessively concerned about materialistic things. I was living in Ajegunle then with my brothers and she comes to visit me from Lekki (expensive part of Lagos state). There was a time she fell into a gutter at a flooded street on her way to visit me”. Says E-money.


E-money and Juliet Okonkwo are blessed with 3 handsome boys. The wife and kids are based in the United Kingdom while E-money stays in Nigeria to manage his businesses, though he travels to the United Kingdom every week or two(2) to see his family.

E-money's family
Picture of E-money’s Family: E-money, wife and three children
Photo Credit: Buzznigeria

The lavish lifestyle he lives made him popular and make people wonder how he gets his money.

Some people even believe he is into a fraudulent act. E-money attends lots of events and he is known to flaunt his wealth with his latest money gun style. He sprays money with the money gun machine which is a unique style peculiar to him.


In April 2019, the European American University awarded him an Honorary Doctorate Degree in Business Management and Corporate Governance.


E-money invested is gain from his $2 million contracts wisely, he has made fortune from his oil and gas business, his Emmy Cargoes Nigeria Limited Company, Five Star Music and his other business abroad. His net worth is estimated at $30 million as of 2019.


E-money owns several houses in Nigeria and abroad. He is known to be a social media guy and he exposes all his belongings to the world which made the police warn him about flaunting his wealth online to avoid hoodlums or kidnappers attacking his family.

E-money stays in a  gold furnished state of art mansion reported to worth N250 million in Omole Estate, Ikeja.

e-money-house mansion
Photo of E-money’s House
Photo Credit: Gistmania

The house is furnished with gold-plated chairs and lots of what you can’t imagine in a N250 million mansion. He also has a state of art gym in the house.


The billionaire has an expensive fleet of cars including Range Rover Sport, G-Wagon, Prado Jeeps, Jaguars, and BMW cars.

In December 2015, he purchased a Mercedez Benz Sprinter for about N30 million and also gifted his elder brother, KCEE, a Mercedes Benz G-Wagon worth N20 million as a birthday gift.

In 2016, he purchased a new armoured car, the latest 2017 Lexus LX 570 jeep. The car is said to worth about $90,000 which is around N32,400,000 according to present exchange rate.


How much do you like E-money?

Do you know more facts about E-money? Feel free to comment below. It can help new fans find more info about him.

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