Biography, Age, Net Worth, Cars, Home, and 5 Star Music Money Bag of E-Money Emeka Okonkwo aka E-Money, the CEO of 5 Star Music, is well-known for his recent spending spree on social media platforms.
E-Money was born Emeka Okonkwo on February 18, 1981, in Ajegunle, Lagos, Nigeria. He received his nickname after he began throwing money around and displaying his lavish lifestyle. Others have dubbed him “Arab wealth” because of his extravagant generosity.
He is the younger brother of Limpopo crooner Kcee, as well as the official supporter of his, Harrysong’s, and Skiibii’s music careers. He is also the director of Emmy Cargoes Nig, a shipping company. Borisa Nig. Ltd. was established in 1997 and was previously known as Borisa Nig. Ltd. He is also interested in real estate and oil and gas.
He was born on February 18, 1981, which means he will be 39 years old on February 18, 2020.
We hope that this article has given you a deeper understanding of E-MONEY’s riches and luxurious lifestyle.
E-Money’s Net Worth
The young billionaire makes a lot of money from his oil and gas company as well as his record label, but his exact net worth is unknown at the moment, though some sources say it is around N1.5 billion.
Also Read: Top 10 Richest Musicians in Nigeria 2021
His Cars and Residence
Mr. Flamboyant, if you will! Even in the midst of Nigeria’s current economic crisis, E-Money lives in a gold-furnished mansion in Omole Estate, Ikeja, Lagos, worth over N250 million, in addition to many other homes, owns fleets of cars, and has a lot of money to throw around.
The president of 5-Star Music owns a fleet of SUVs and sports cars. In December 2015, he added a Mercedes Benz Sprinter to his fleet, which cost about N30 million. As a birthday present, he also gave his brother, Kcee, a Mercedes Benz G wagon worth N20 million.
E-money showed off his newly imported armored car, the 2017 Lexus LX 570 jeep, sometime in 2016. The car is said to be worth more than $90,000, which is considerably more than N39,000,000 at the current exchange rate.
E-Money is a man who possesses a great deal of material wealth and makes no effort to hide it. He brags about his wealth too often on the Internet that the cops caution him about the dangers of attracting so much attention to himself. He, on the other hand, is unconcerned about it and continues to share pictures of his cars, apartments, and leisure activities on Instagram.
We already know that E-Money owns 5-Star Music, which is located in Lagos, Nigeria. The record label was established in 2010, but it shot to fame in 2013 when Kcee, the label’s most well-known artist, released the single “Limpopo.” The label also featured artists including Harrysong and Skiibii, in addition to Kcee.
Harrysong joined the label in 2013 and was allegedly the label’s engine room. He was the driving force behind all of Five Star Music’s hit songs, including Kcee’s “Limpopo,” and was also in charge of voice training and music video direction.
In November 2016, he announced his departure from the company to start his own label, Alter Plate. According to him, the decision was made due to unresolved disagreements between himself and his label’s management. When Kcee and his brother, E-Money, arrested him and his boss, Desmond, his escape became very messy. All was finally settled, and Harrysong rejoined the label, but he did so on a positive note.
Skiibii was signed to the label in 2014, but he left after three years. He rose to prominence after releasing the song ‘Death Stunt’ in August 2015, which did not go down well with many Nigerians, but since then, he has released hit songs such as ‘Sampu,’ ‘Ah Skiibii,’ ‘London,’ and many others.
As part of their expansion plans, 5-Star Music announced the addition of a new artiste manager in June 2017. Kcee’s announcement on his Instagram page made it clear that Chidozie Dike was the new boss, and that all business-related to 5-Star Music will be done by him from now on.