According to a recent article from The Mirror, the “world’s youngest billionaire” has been known and he is just 9 years old.
This label goes to Mompha Jr, a “baby influencer.” On his Instagram account, the adorable 9-year-old can be seen travelling about in private jets, posing in front of fancy cars, and living in extravagant homes – in other words, living life like your normal Instagram influencer, and looking dashing while doing it.
Furthermore, the influencer’s father, Mompha Sr., is credited by the “world’s youngest billionaire,” (whose real name is Ismailia Mustapha). According to the publication, Mustapha’s father purchased the youngster his first mansion for his sixth birthday in 2019. His father is frequently thanked for his luxurious lifestyle on the “baby influencer’s” posts.
“My first ride BBB…thanks Daddy,” he said in one photo, which showed him in front of a fancy automobile as the “world’s youngest billionaire.” Mompha Jr. also dresses in opulent garments that are well-fitting.
However, as the old saying goes, be careful what you believe on the internet. Is this young man, therefore, “the world’s youngest billionaire?” ”
There are plenty of Black billionaires, and African billionaires like Aliko Dangote and Patrice Motsepe should be congratulated for their hard work and dedication. However, ill-gotten gains — particularly those obtained by stealing from one’s own community — are a different issue.
And it appears that Ismailia Mustapha, also known as Mompha, is the father of the supposed “world’s youngest billionaire.”
Mompha was apprehended in January 2022 and taken before Nigerian courts to face charges. Mompha’s company, Ismalob Global Investment Limited, is accused of defrauding people of more than 32.9 billion Naira ($79 million USD). He is currently on trial for money laundering and cybercrime.
He was released on bail of 200 million Naira ($481,000 USD), but he had to surrender his passport, stopping him from leaving the country.
He might face substantial penalties and prison time if convicted.
So, while we like all things Black excellence and money, making the claim about Ismailia Mustapha’s son may not be fair – at least not yet.