The claims however, which were first made by International commerce magazine, Business Insider the DJ's rep has come out to say are false.
These rumours were probably started as a result of the surname they share, Alakija and the fact that the Nigerian female billionaire also has a son, Rotimi.
Born on the 16th of October in the United Kingdom, DJ Xclusive holds a degree in Financial Computing and started his entertainment career in 2003.
He got married to Tinuke Ogundero in 2015 and has grown to become one of the biggest disc jockeys in the country.
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