Who is the youngest billionaire?
The "World's Youngest Billionaire" purchased his first mansion at age six and had a Lamborghini.
A young boy in Nigeria, who received his first home at the age of six and amassed a fleet of supercars before he had saved enough pocket money for his first CD, is currently enjoying the opulent Richie Rich lifestyle.
In his Instagram images, Muhammad Awal Mustapha, also known as Mompha Junior, can be seen posing in expensive clothing and on private flights.
He is the offspring of Mompha, a multimillionaire Nigerian online sensation with 1.2 million Instagram followers. Ismailia Mustapha.
At the age of six, the child received his first mansion.
For Mompha Jr.'s sixth birthday in 2019, the devoted father allegedly purchased him his own mansion, posting on social media at the time that "owning your own home is one of the nicest feelings ever." It cannot be put into words or measured in monetary terms.
"Having a home is a sense that makes going through the daily grind worthwhile. It gives you comfort to know that you have somewhere to go after all the ups and downs. A location where you'll always be welcomed with open arms and won't ever be judged...
"Congratulations on your new home, My Son. Your father's birthday gift to you.
In a different post, Mompha maintained that his son deserved praise because he had "paid his dues."
He is the multimillionaire online sensation Ismailia Mustapha's son.
He stated: "The youngest landlord who still has a home and wears Gucci. He deserves some recognition because he has fully repaid his debts."
Mompha Jr., who is now 10 years old, has gotten into the habit of bragging to his Instagram followers about his opulent lifestyle.
He appears to be wearing premium clothing in one photo from 2019 where he is standing in front of a red Lamborghini Aventador while sporting a Versace t-shirt and some expensive-looking sunglasses.
He wished himself a happy birthday in the post's description.
The Sun reports that Mompha reportedly built his enormous fortune through a bureau de change company in Lagos before transitioning into investing.
His declared net worth is a little over £12 million, but according to The Mirror, his fortune is actually more than six billion Nigerian nairas.
According to the newspaper, he was facing criminal charges earlier this year after being suspected of laundering more than £10 million. Nigeria's anti-corruption bureau alleged that he concealed his income in "movable goods," such as designer watches, at a court hearing in January.
He was freed on $369,00 bail after being remanded in detention to await trial.
According to Mompha's attorney Gboyega Oyewole, the defendant never skipped bail or a trial date.
According to Lagos Today, Oyewole stated: "When he got COVID-19, his medical information was recorded abroad. In order to reassure the EFCC [Economic and Financial Crimes Commission] that by January my client would have fully recovered, which he did, we attached all of the reports to the letter I personally signed. As I had promised, he traveled by himself to the EFCC. Never once was he detained anywhere.
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