The philanthropist made the donation through his foundation to the bereaved family.
Speaking on his decision to donate the huge sum to the family, he said that God has called the young man, leaving his 5-month-old son and wife without a father.
He mentioned that the way forward will be to take care of the little boy and ensure that his education and future is secured.
In the video making the rounds online, prophet Jeremiah Fufeyin sent delegates from his foundation to the bereaved family to pay condolence as well as hand the big cheque to them.
Watch the video below;