Mr eazi said his uncle borrowed him 19 million naira at the age of 19 which he misused in a failed Diesel Business
Thank you for reading this post, don't forget to subscribe!Nigerian music star Mr Eazi is known worldwide for his unique sound, but not many fans know that before music brought him fame, he once lost a massive ₦19 million in a failed business venture. At just 19 years old, he tried his hands at running a diesel supply business, and the outcome nearly broke him.
Watch the clip below….
This story is not only about failure but also about resilience and how setbacks shaped his journey.
How Did Mr Eazi Lose ₦19 Million at 19?
Mr Eazi revealed that as a teenager, he invested heavily in a diesel supply business. The idea seemed solid at first—providing diesel to companies that needed it for generators and operations. However, he lacked proper knowledge of the business, trusted the wrong people, and things quickly went downhill.
Within a short time, all the money was gone, leaving him with nothing to show for it. For many young people, that type of financial hit would have been the end of their entrepreneurial dreams.
Related: OdumoduBlvck Reacts to Mr Eazi’s 19 Million Loan Story for a failed diesel business
What Lessons Did Mr Eazi Take From the Failed Business?
According to Mr Eazi, losing that much money at a young age taught him lessons about trust, risk, and the importance of experience before going into a venture. Instead of allowing the failure to destroy him, he used it as motivation. That experience shaped how he later handled his music career and other businesses.
He learned the importance of doing proper research, building reliable partnerships, and never rushing into investment decisions without understanding the risks.
Did the Failure Affect His Music Career?
In a way, yes. Mr Eazi has said that the failure made him approach music differently. By the time he started recording songs, he was more disciplined and cautious about money.
His music journey also carried the same entrepreneurial spirit, but this time he was more prepared. Instead of quitting after setbacks, he found ways to push forward, which later helped him grow into one of Africa’s most successful independent artists.
How Has Mr Eazi Bounced Back Financially?
Today, Mr Eazi is not only a musician but also an investor and businessman. He runs emPawa Africa, a talent incubation project that has supported several young African artists. He has also ventured into tech and other investments across Africa.
The story of losing ₦19 million at 19 years old is now part of his testimony, showing how failure can become a stepping stone when handled with the right mindset.
What Can Young People Learn From Mr Eazi’s Story?
- Do research before investing – Don’t rush into businesses you don’t fully understand.
- Start small – Test the waters before throwing in huge amounts of money.
- Failure isn’t the end – Sometimes, losses prepare you for greater success.
- Build wisely – Choose your business partners carefully.
Mr Eazi’s journey proves that early failure doesn’t define the future. What matters is how you rise after falling.
Reported by Anything Celebrity – Nigeria’s hub for entertainment gist and celebrity updates.
