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He’s richer than Davido and Burna Boy – Mr Eazi sells his company for a whopping $1Bn, making Afrobeats history

Mr Eazi, the Nigerian singer and entrepreneur, has impressed many with his recent business deal. His venture capital fund, Zagadat Capital, sold its portfolio company Vydia for $1 billion.

The acquisition was led by former Apple executive Larry Jackson through his newly founded company Gamma, which lists Apple, Eldridge Industries, and A24 among its investors.

Vydia has worked with notable artists, including Akon, Kanye West, Mr Eazi, and Anuel. This deal is the largest in Afrobeats history.

READ ALSO: Temi Otedola celebrates 6th year anniversary with Mr Eazi

Na the Otedola way be this

Following the news, many social media users have praised Mr Eazi for his business acumen. This is not the first time the businessman-singer has impressed with his financial moves, as he gifted his colleague Peruzzi a million-dollar contract last year.

One Contract Melody: “If this is true, then son-in-law net-worth don pass father-in-law own. Everyone can now rest and understand he got the love, not the father’s money.”

Olobadagzy: “You can’t be dating a billionaire daughter and you will not be motivated to get rich. Otedola’s way.”

Paul Agram: “So he’s richer than Davido and Burna Boy. Wizkid net worth is $8b.”

READ ALSO: I didn’t know her dad’s worth before toasting her: Mr Eazi opens up on dating Otedola’s daughter

Mr Eazi on a N2.2bn Yacht with Femi Otedola and family

Meanwhile, Mr Eazi had trended on Twitter with his soon-to-be father-in-law, Femi Otedola.

The singer, now a member of the Otedola family, was filmed on the N2.2 billion yacht that the businessman rented out for his 60th birthday.

According to reports, Eazi will spend three weeks sailing on the Mediterranean Sea with his family and the entire crew.

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