Raheem Okoya, the 22-year-old Executive Director of Eleganza Industries, has dismissed claims that he is simply living off his father’s fortune.
Raheem, who is the son of billionaire industrialist Rasaq Okoya, made the clarification during an interview with BBC News Yoruba shared on Instagram.
According to him, he actively works and earns a salary, stressing that his income is not solely dependent on his family’s wealth. He also revealed that he has secured independent investors who support his music career.
“I work. I have a salary that I earn. I have investors. People believe in my music. They put money behind it.
“My dad wasn’t born rich. He tries to instil those values in his kids. He wants his kids to also be able to work and build a fortune rather than just spend and destroy,” he said.
Raheem explained that his leadership role at Eleganza Industries did not happen overnight. He described it as the result of nearly a decade of preparation and mentorship under his father.
“I’ve been learning this position my whole life. From when I was in school, I’ve been shadowing my dad. It’s not an overnight thing. It’s been 10 years in the making.
“It’s definitely challenging. It’s a heavy responsibility. People already look at you. You’re young. They already want to doubt you. You always have to prove that you know what you’re talking about,” he added.
He emphasized that his father, who built the Eleganza empire from scratch, ensured his children understand the value of hard work and responsibility.
