Internet fraudsters otherwise called Yahoo boys are popularly known to dupe people of their hard-earned money.
Some of these duping “formats” include cryptocurrency investment scams, credit card scams, E-mail scams, dating/marriage scams, betting/lottery scams, etc.
These guys allegedly make money by defrauding various innocent citizens of their money online, therefore, becoming unthinkably rich overnight.
Most of these allegations have so far been denied by many of them as they choose to keep their source or sources of wealth away from the public.
These Nigerian big boys are always quick to flamboyantly spend and lavish cash on very expensive items like cars, designer clothes, expensive drinks, and so on.
They also possess a huge fanbase on popular social media networks like Instagram and Twitter because of these “too much money” lifestyles and many upcoming Nigerian “Yahoo Boys” look up to them for motivation.
Below is the list of richest yahoo boys in Nigeria according to INTEL REGION:
1. Ray Hushpuppi – $480M
Ray Hushpuppi is an incredibly wealthy Nigerian big boy and apparently the richest yahoo boy in Nigeria. He is also a very popular Nigerian socialite as news about his lifestyle doesn’t stop appearing on top Nigerian news and entertainment websites.
This guy is also a Gucci fan to the core as he is always sharing photos and videos of himself spending money lavishly on this brand. He also claims that he was born into a very poor family and that he earned most of his money while living and hustling in Malaysia for 4 years.
Some time ago, Hushpuppi spent N11.5 million naira at a Club in Lagos (Quilox NightClub to be specific) just to make Davido who is also a popular musician in Nigeria know that he’s “self-made”.
Hushpuppi was arrested in Dubai, UAE alongside his accomplice known as “Woodberry” after allegedly diverting coronavirus aid funds to the tune of $35 million. He was later extradited to the United States by FBI with the help of the Dubai police and he’s currently facing multiple charges of fraud in the United States.
A video documentary also shows how Hushpuppi was arrested at his expensive residence in the United Arab Emirates by the Dubai police, Cyber-security unit.
2. Jowizazaa – $74.6M
Jowi Zazaa, born on March 19, 1985, is the son of Sir Joseph Ezeokafor, an oil mogul based in Anambra. Hailing from a renowned town in Aguata Local Government Area in Anambra State, Jowi Zazaa’s educational journey included attending Sacred Heart Seminary Nsude in Enugu State, where he successfully obtained his WAEC certification. Subsequently, he secured admission to Madonna University Okija to further his education.
Jowi Zazaa is known for his preference for classic and luxurious vehicles, boasting an impressive collection in his garage. His fleet includes a diverse range of high-end cars such as the Polaris Slingshot, Range Rover Sport, Chevrolet Camaro, Lamborghini Urus, Lamborghini Aventador, Porsche Panamera, Mercedes Benz E-Class, BMW X6, Mercedes Benz G Wagon, Rolls Royce Cullinan, Rolls Royce Phantom, Bentley Continental, Mercedes Benz CLA, and various other luxury automobiles that are part of his extensive collection.
3. E-Money – $55M
The investor, entrepreneur, and business tycoon boasts a net worth of $55 million. Born on February 18, 1981, he turned 42 in 2023. His wealth is derived from various income streams. Using the prevailing exchange rate, E-Money’s net worth in 2023 is estimated to be around 43.56 billion Naira. He is the younger brother of famous Nigerian singer Kcee.
4. Woodberry – $50M
Olalekan Ponle who is popularly known as “Woodberry” is a Nigerian socialite and (allegedly), one of the richest Nigerians yahoo boys right now. He was recently arrested in Dubai alongside Ramoni Abbas (known as Hushpuppi) for multiple fraud charges after a raid on their expensive residence by officers of Dubai police, crime unit.
Before his arrest, Woodberry as he is popularly called was a Nigerian socialite and a very popular figure on Instagram due to the way he posts about his lavish lifestyle on the social media platform.
He has also been accused countless times by many Nigerians online for being an internet fraudster but most of the time, he denies these allegations. His source of wealth and networth are currently unknown to the public as of the time of writing this article.
5. Obafemi Laborita – $25 million
Obafemi, a wealthy Yahoo boy based in Lagos, is recognized for his opulent lifestyle. Along with his friends, he is nicknamed MPU General (Money Pile-up General) due to their penchant for indulging in expensive drinks.
Originally from Ogun State, Obafemi Laborita has made substantial investments in Nigeria’s real estate and other lucrative ventures. His business ventures extend across Africa, with operations in places like Zanzibar and Kenya. Obafemi Laborita’s net worth is approximated to be $25 million.
6. Investor BJ – $24 million
Investor BJ is arguably one of the biggest boys on this list, but not the richest yahoo boy in Nigeria. He is a diehard Gucci fan like most guys on this list and that’s not all as he also claims to be the only recognized African by Gucci in Malaysia (we have some reasons to believe it’s true).
His ever-growing fans and followership on social media enjoy photos he posts of himself purchasing very expensive items from this popular fashion brand (Gucci) and other wildly expensive items like supercars and designer shoes.
7. Baddy Oosha – $20 million
Badmus Akeem, known by the stage name Baddy Oosha, resides in Malaysia, but his roots trace back to Nigeria. Beyond his involvement in the entertainment industry, where he has collaborated with notable figures like Toyin Abraham, Akeem doesn’t have any officially recognized company or investment. Despite being unemployed, he manages to accumulate substantial earnings.
Baddy Oosha’s estimated net worth is $20 million, reflecting his wealth through various properties and assets.
8. Ismaila Mompha – $15.2M
Ismaila Mustapha who is also known as Mompha is an alleged internet fraudster or Yahoo boy who is popularly known for posting photos of him holding lots of cash on social media platforms (like the photo you can see above).
This guy is also a very famous businessman who does not only flaunt his wealth but gives some advice to his followers and fans on how to succeed and become better businessmen and women.
He owns a Bureau De Change venture in Lagos but to a large extent, the main sources of his wealth remain unknown to the general public. As a familied man as he also posts photos of his son, Mompha Junior with huge amounts of foreign and local currencies on display.
In October 2019, Mompha was arrested by the Economic & Financial Crimes Commission (EFCC) for alleged internet fraud and money laundering while he was boarding a flight from Abuja to Dubai. He was later released from detention in December 2019 after meeting the conditions of his bail.
9. Invictus Obi – $15 million
Mr. Obinwanne Okeke, also known as Invictus Obi, is recognized by Wikipedia as the wealthiest scammer and the second richest yahoo boy in Nigeria. Before his arrest by the FBI for fraudulent activities, Forbes had previously acknowledged him as one of the youngest billionaires at the age of 30. The FBI exposed his involvement in one of the largest cyber frauds in both the United States and Nigeria.
Despite his immense wealth, Invictus Okeke maintained a discreet and private life, steering clear of social media extravagance.
Unlike many, he refrained from flaunting his riches on platforms like Instagram. Forbes even recognized him as “one of Africa’s most outstanding entrepreneurs under the age of 30.”
Obinwanne George Okeke stands out as one of the most successful Nigerian Yahoo boys, boasting an estimated net worth exceeding $15 million. He is the founder of the Invictus Group, a conglomerate engaged in diverse sectors including real estate, agriculture, gas, and crude oil.
10. Opa-6ix – $6M
This is averagely one of the biggest boys in Nigeria because this guy spends his money crazily! He also has a large number of social media followers who look up to him as a “Mentor” because of pictures he posts which shows the way he spends money lavishly on expensive clothes, drinks, and cars.
With real names as Olusegun Akinola Opaogun, he s a very successful yahoo boy in Nigeria and made it to the seventh place on this list. He has also been acknowledged in some Nigerian songs by popular musicians like Small Doctor, Reminisce, and 9ice.
11. Aremo Gucci – $6M
As his name implies, Aremo Gucci is a hardened lover of the popular Gucci fashion brand
Adding to the roster of the wealthiest yahoo guys in Nigeria is Aremo Gucci, a well-known socialite boasting a substantial following on his Instagram account, reaching hundreds of thousands of followers.
Much like Hushpuppy, Aremo Gucci is renowned for showcasing his opulent lifestyle, adorned with luxurious Gucci apparel and items. His extravagant spending is evident not only in his lavish lifestyle but also in his impressive collection of flashy cars
He has a huge number of followers on popular social media platforms like Instagram and Twitter as these fans love seeing un-ending photos of him spending lavishly on his almighty “Gucci” clothes.
Aside Gucci clothes, “Aremo Gucci” also spends his money lavishly on a lot of other things like expensive houses and sports cars which costs millions of dollars. Although he tries very much to keep the source of his wealth hidden, many speculate he might be a fraudster to be able to spend cash on things like this with no known source of income.
Despite attempts to conceal his wealth, Aremo Gucci’s conspicuous spending habits have made him stand out as one of the top big boys in Nigeria.
12. Deskid Wayne – $5 million
Despite his youth, Deskid Wayne’s daily and weekly expenditures evoke considerable envy. His net worth is rumored to be around $5 million. Deskid Wayne gained significant attention when he publicly burned a substantial amount of dollars, showcasing the extravagant act to his fans.
Additionally, he consistently treats his followers to glimpses of his life, sharing regular photos with his girlfriend for admiration.
13. Shy Boss – $5million
Even with the innocent look that is always written on this guy’s face, Shyboss is a beast when it comes to spending money. He has been accused of being an online fraudster many times but each time, he denies this.
No one really understands why he calls himself Shy Boss, but we know for sure that he isn’t shy as he has a huge fan base on various social media platforms and also a very big socialite.
Although he has kept the source of his wealth hidden, Shy Boss made it to the third position of our list of the top 10 richest yahoo boys in Nigeria because the way flaunts his expensive lifestyle on social media as we know these monies doesn’t come with the ordinary hustle of an average Nigerian youth.
His networth is currently unknown but we believe for sure that this guy is worth millions of Naira from the way he spends lavishly on expensive items.
14. Bitcoin Lord (B Lord) – $4.5M
Linus Williams Ifejika, widely recognized as Bitcoin Lord, emerges as another affluent Yahoo boy hailing from Nigeria. In September 2020, he faced arrest alongside 13 other individuals involved in internet fraud.
Specializing in advanced fee fraud, identity theft, and relationship scams, Bitcoin Lord stands out as one of the wealthiest Nigerian crypto traders. He is the owner of the B-Lord Group of Companies. Bitcoin Lord’s net worth is estimated at $2 million.
15. Deskid Wayne – $3million
You don’t need a native doctor to tell you that Deskid Wayne a is a very flamboyant spender thereby earning him a spot in our list of the richest yahoo boys in Nigeria.
This guy is one of the youngest guys in Nigeria who “cash out” daily and he is always quick to show it on his various social media handles.
He also became quite popular after he posted a video of him burning bulks of thousands of US Dollars on Instagram. Even as a very rich guy, he has only one girlfriend in which he is loyal to and very quick to post various pictures of both of them on social media for his followers to admire.
Deskid Wayne is a wild spender and has been accused on multiple occasions of being an internet fraudster. As usual, he denies this every time.
many still believe they are as there is apparently no way for them to get the cash they flaunt daily with no known legitimate business anywhere in the world.
16. King Jide – $2million
King Jide who is also known as The Mayor of Cape town is a Nigerian big boy who is based in South Africa. He has also been able to gather a huge number of followers on social media because of how he posts about the way he spends his money lavishly on oddly expensive items like cars and wine.
He also became popular after he posted a photo of a receipt he got after buying 1 bottle of Dom Perignon and 30 Ace for a whopping sum of 5 Million Nigerian Naira. The source of his wealth is generally unknown
SOURCE: INTEL REGION