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Home HEADLINES As Mr Eazi joins league of billionaires like his father-in-law, Femi Otedola

As Mr Eazi joins league of billionaires like his father-in-law, Femi Otedola

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By Eberechi Obinagwam

More than one year after music star, Mr Easi engaged Temi, daughter of billionaire businessman, Femi Otedola, fans are still confused about the latest on their relationship.

In November 2022, Mr Easi told Susan Pwajok that he could be married without the ‘rest of us knowing.’ He used his April 2022 engagement story to buttress his point.

He said: “I was engaged for two weeks before the world knew I was engaged. I could be married right now and you wouldn’t know.”

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While there appears to be uncertainty about the status of Mr Eazi’s relationship with Temi, his new financial status is not.

Before he engaged Temi, Mr Easi has been a self-made multimillionaire who prefers to stay low-key.

He is born Oluwatosin Ajibade on July 19, 1991.

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He pioneered Banku music, a fusion of sound he describes as a mixture of Ghanaian highlife and Nigerian chord progressions and patterns after he relocated to Kumasi for university education.

Mr Eazi released his debut mixtape, About to Blow in 2013.

Singing is not his only source of revenue. Mr Eazi is also a big player in the music tech industry.

He recently hit it big when his Zagadat Capital, the venture capital fund he owned, earned $1bn in a secondary buyout of its portfolio company, Vydia.

The $1billion takeover was led by former Apple executive Larry Jackson through his newly founded multi-faceted company – gamma. Apple and Eldridge Industries and A24 are also listed as some of its investors.

Zagadat Capital since its launch in 2021 invested in tech companies such as remittance-based lending company Paisa, Eden Life, African fintech Pawapay, and most recently South Africa basketball team CapeTown Tigers.

Some of the first investments went into music tech companies like creative finance/IP company emPawa (his company), Ticketing platform – SHOOBS and American music distribution platform Vydia whose service emPawa used before financial investments in the platform.

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