Ismaila Mustapha whom many know as Mompha is a Nigerian millionaire who is known for his lavish lifestyle on Instagram. In this post, we will be reviewing Ismaila Mompha net worth and biography.
Mompha whose real name is Ismaila Mustapha is a Dubai-based Nigerian businessman and socialite. Being the CEO of Mompha Bureau De Change, he is known for spending lavishly on luxuries like cars, watches, private jets, landed properties, and so on.
The 43-year-old popular socialite is happily married with 2 kids, a son named Muhammad Awwal Mustapha and a daughter. According to many sources online, Mompha net worth is currently estimated to be $15 million. Continue reading Mompha net worth and biography to learn more interesting facts about the social media big boy.
Early Life and Family Background
Ismaila Mustapha who is popularly known as Mompha was born on 16th June 1979. His parents have devoted Muslims who hail from Oyo State.
They later moved to Lagos where his father runs Mompha Bureau De Change and his mother, a business expatriate in a local market. He would later inherit the business from his father making him a wealthy young man.
Mompha grew up in Lagos State where he attended Government college in Ikorodu. Other details about his educational history are unknown apart from this.
Business and Investment
As mentioned earlier, Ismaila Mustapha a.k.a Mompha is currently the CEO of Mompha Bureau De Change in Bankole Street in Lagos. He became the CEO after inheriting the business from his wealthy father.
Apart from the Bureau De Change, he has also run his own investment company called Ismalob Global company since 2015. Mompha also runs different businesses in Dubai where he constantly stays.
Personal Life and Family
Mompha is married with 2 kids ((a son and a daughter) for over 10 years even though the name of his wife is unknown. All that is known about the lady is that she is a young Muslim lady in her late 20s.
Concerning Mompha’s personal life, he is known to be an extravagant spender who spluttered money on material things. Mompha is a social media big boy who makes it a point of duty to show off his wealth.
As a result of this, he has attracted a lot of followers, influential individuals, and friends like Patoranking, Davido, Tiwa Savage, Nasiru El-Rufai, and so on. In addition, he became the target of EFCC and Interpol because of his excess display of wealth.
Ismaila Mustapha whom everyone knows as Mompha is a controversial socialite who rose to fame as a result of his display of wealth. He shows off his little son and every other member of his family using expensive gadgets, cars, and other luxuries.
This earns him a lot of arrests from EFCC and trial to courts. His battle with EFCC has started in 2019 when he was arrested on his way to Dubai at Muritala International Airport in Lagos. He was later taken to court and charge for Money Laundering, Fraud, and many other charges. Since then he has been a regular customer of the EFCC.
Apart from his lavish lifestyle, Mompha was allegedly reported to be a friend of Ray Hushpuppi who is a known internet fraudster and socialite. Due to this, many believe Mompha is also an internet scammer and fraudster like his friend for always spending that lavishly. While some believe it is the proceeds from running his inherited business that he is spending.
Cars and Houses
Being a rich young man, Mompha invest in a lot of landed properties both in Nigeria and Dubai. He buys expensive watches and gadgets at will. His son, Muhammad Awwal Mustapha who is tagged Gucci boy because of his constant Gucci wears owns a mansion in Dubai. Mompha bought it for him as a birthday gift.
Also, Mompha is reported to own many expensive cars including 2021 Mercedes GLE63s, Mercedes-Benz G63 AMG, Lexus, Audi R8, Rolls-Royce, Bentley, Mclaren, Ferrari, Lamborghini, and so on.
In addition, there are also rumors of him owning a private jet due to his constant show-offs in a private jet.
Mompha Net Worth
Mompha net worth according to many reports online is estimated to be over $15 million.
What is Mompha’s real name?
Mompha real name is Ismaila Mustapha
Who is Mompha’s father?
Mompha’s father who bears Mustapha is a wealthy chief and CEO of Mompha Bureau De Change. The father was said to have bequeathed his company to Mompha which he currently runs.
Is Mompha a Yahoo boy?
Due to his constant show-offs of wealth, there is a rumor of him being a Yahoo boy. Although he was charged to court by the EFCC for fraud and money laundering, he is yet to be nailed with any evidence.
Who is Mompha to Hushpuppi?
The two were reported to be friends long before their fight and the arrest of Hushpuppi.
How much is Mompha net worth?
Mompha net worth is currently estimated to be over $15 million.