‘World’s Youngest Billionaire’ Has Lamborghini And Owned His First Mansion Aged Six
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A youngster in Nigeria is living the luxurious Richie Rich lifestyle after being given his first mansion at the tender age of six, having also accumulated a fleet of supercars before you’d even saved up enough pocket money for your first CD.
Muhammed Awal Mustapha, known as Mompha Junior, can be seen in his Instagram photos posing in designer clothes and flying by private jet.
He is the son of multimillionaire Nigerian internet celebrity Ismailia Mustapha, who goes by the name of Mompha and has 1.2 million followers on Instagram.
The doting dad bought Mompha Jr his very first mansion to celebrate his sixth birthday back in 2019, reportedly writing on social media at the time: “Owning your own home is one of the best feelings ever. It can’t be described in words, it can’t be quantified in money.
“Home ownership is a feeling that makes life’s daily grind worth facing. It reassures you that after all the ups and downs you have a place to go to…. A place that will never judge you and always invite you with open arms…
"Congrats My Son on your New Home. Ur birthday Gift from Daddy.”
In another post, Mompha argued that his child has earnt his accolades after ‘paying his dues’.
He said: "The youngest landlord who wears Gucci and still owns a house. He deserves some accolades cos he has paid his dues in full."
Over the years, Mompha Jr, now 10, has enjoyed showing off his lavish life to his followers on Instagram.
In one snap, posted in 2019, he stands in front of a red Lamborghini Aventador wearing designer clothes – including a Versace t-shirt and some pricey-looking sunglasses.
“Happy birthday to me,” he captioned the post.
According to the The Sun, Mompha is said to have made his huge fortune from a bureau de change business in Lagos, and then moved into investments.
He has a reported net worth of just over £12 million, with the Mirror reporting that, when converted into Nigeria Naira, his fortune is more than six billion.
The newspaper reports how, earlier this year, he was facing criminal charges after being accused of laundering more than £10 million, with a court hearing claims in January by Nigeria’s anti-corruption agency that he hid his wealth in ‘movable assets’, including luxury watches.
After being remanded in custody to await trial, he was released on bail for £350,000 ($469,000).
Mompha's lawyer Gboyega Oyewole said the defendant had never jumped bail or missed any date of his trial.
As per Lagos Today, Oyewole said: “When he had Covid-19, his medical details were registered outside the country. We attached all the report to the letter I personally signed to send to EFCC [Economic and Financial Crimes Commission], to assure the commission that by January my client will have fully recuperated and he did. He walked by himself to the EFCC as I promised. He was never arrested anywhere.”
Featured Image Credit: Instagram/@momphajnr
Topics: World News