Mompha Biography, Age, Wife, Son, Real Name, Age, Wikipedia, House, Cars, Net Worth, and Career

Mompha Biography, Age, Wife, Son, Real Name, Age, Wikipedia, House, Cars, Net Worth, and Career

Mompha is a famous Dubai-based Nigerian social media big boy known for his lavish lifestyle on Instagram. He is known for showing off his cars, houses, and expensive accessories on his Instagram page. As expected, he wines and dines with the wealthiest guys in the country.

Ismaila Mustapha, popularly known as “Mompha,” is arguably the wealthiest big boy in Nigeria. Some call him the Instagram billionaire; some say he is Nigeria’s wealthiest “Yahoo boy.”

Everyone is entitled to his opinion, after all. However, from facts gathered at the time of writing this article, it is evident that he is wealthy. 

Mompha Biography 

Full Name:Ismail Mustapha
Stage Name:Mompha
Born:June 16, 1979 (age: 45 years old)
Birth Place:Ikorodu
State Of Origin:Oyo State
Nationality:Nigerian
Wife • Spouse:Mrs Mustapha
Occupation:Entrepreneur • Socialite
Net Worth:$20 million

Early Life

Ismail Mustapha (born June 16, 1979), known professionally as Mompha, is a wealthy Nigerian business mogul. He is the Chief Executive Officer (CEO) of Mompha Bureau De Change, situated at Bankole Street, Lagos Island.

His intermittent display of exotic possessions on Instagram made him a noticeable figure on social media, along with his circle of friends, who included famous music artists such as Tiwa SavageDavido, and Patoranking.

Mompha was once a close pal to another big boy on social media, Hushpuppi. Some of his cars are a Mercedes-Benz G63 AMG, a Lamborghini Aventador (N151 million), a Lamborghini Huracan (N73.6 million), a 2018 Rolls-Royce Wraith, a 2020 Rolls-Royce Wraith Eagle VIII (N150 million), a Lexus LX, and an Audi R8.

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Musicians sing his praise, OAPs send shout-outs, and fans quickly hail him at any opportunity. Those are the dividends of richness, anyway.

The 45-year-old billionaire was raised in Lagos state, where he completed his secondary education at the Government College Ikorodu.

He is a happily married man and blessed with two boys. He has a fleet of cars, huge mansions, and many expensive accessories. Aside from that, the next thing he knows to spend his money on is the regular “giveaway” he does on his Instagram page.

Mompha’s Arrest

Even though most people question his source of wealth, including the Nigerian government, our reporter gathered that he is the owner and founder of “Mompha Bureau De Change” located in Bankole Street, Lagos Island, Nigeria, which is also a significant source of Mompha’s net worth. The company is a currency exchange company.

His source of wealth was questioned by the Nigerian anti-graft agency, EFCC (Economic and Financial Crime Commission), in 2019.

He was arrested and accused of money laundering. Before then, many claimed he didn’t amass all his wealth from his currency exchange business alone.

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Some said he is into fraud, drug trafficking, and many other illegal activities.

However, when EFCC arrested him, he was charged with cyber fraud and money laundering, amounting to about #33 billion.

His company was also said not to be registered with the Special Control Unit Against Money Laundering.

House

Ismaila Mompha, since his arrest two years ago by the EFCC, has been residing in Lagos, Nigeria, while his court case proceeding continues to drag on. Before now, many have been wondering where Mompha has been staying since he was granted bail months ago.

We are pleased to inform you that he resides in his luxurious, expensive home on Banana Island, Lagos.

The cost of his House is yet to be confirmed, but it’s estimated to be around N800,000,000 Million naira (2.5 Million Dollars).

Cars

When it comes to Mompha’s Car Collections, the List is numerous and mind-blowing when you look closely at the luxurious fleet of cars owned by Mompha.

Below is a list of his car Collections:

  • Rolls Royce 2018 Wraith worth $330,000;
  • Mclaren 650S worth $265,000;
  • Ferrari 488 Spider worth $300,000;
  • Lamborghini Aventador Roadster worth $410,000;
  • Bentley Bentayga worth $350,000;
  • Mercedes Benz G63 AMG worth $200,000;
  • Chevrolet Tahoe worth $213,000; and
  • Range Rover worth $220,000
  • Lexus LX 2020
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Net Worth

Ismaila Mompha is currently one of the wealthiest and most successful men in Nigeria, with an estimated net worth of about $20 million. Still, he claims his net worth is worth more than 50 million dollars. Judging by his numerous, mind-blowing, luxurious fleet of cars, including the limited Rolls Royce, expensive Mercedes, and many others.

He also has super expensive wristwatches, including the highly-rated 75th Christian Louboutin pair he signed.

Although we haven’t heard that he owns a private jet himself, he is always on a particular one. If he bought it, I’m sure we would have known.

Conclusion

Ismail Mustapha is rich, and he doesn’t hide it. He flaunts it and takes care of his family. He was a close friend of Hushpuppi, the Nigerian arrested in Dubai for cyber fraud this year before they fought.

People Also Ask for FAQs

How did Mompha get rich?

Mompha claims to have made his riches in Lagos by working at a bureau de change before moving into investments.

Who is richer between Hushpuppi and Mompha?

Mompha claimed a net worth of $50 million in 2018, whereas Internet Fraudster Hushpuppi was allegedly worth $20 million.

What is Mompha occupation?

Even though most people question his source of wealth, including the Nigerian government, our reporter gathered that he is the owner and founder of “Mompha Bureau De Change” located in Bankole Street, Lagos Island, Nigeria, which is also a major source of Mompha’s net worth. The company is a currency exchange company.

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