Top 20 Richest Yahoo Boys In Nigeria In 2023

The term “Yahoo Boy” is a slang term used in Nigeria to refer to individuals who engage in fraudulent activities using fake email and social media accounts. These individuals trick victims into investing in bogus schemes, resulting in financial losses for the victims. Despite being involved in illegal activities, many Yahoo Boys in Nigeria have managed to accumulate significant wealth over the years. In this article, we will cover the richest yahoo boys in Nigeria.

Richest Yahoo Boys In Nigeria

Ray HushPuppi ($480,200,000)

Ray HushPuppi, a well-known and wealthy Nigerian “yahoo boy,” has garnered significant attention and fame due to his flamboyant lifestyle and wealth, which are frequently showcased on his social media accounts, particularly on Instagram. This has led to many African bloggers tracking his activities and writing about them frequently.

HushPuppi boasts of his connections with politicians and celebrities and his former role as a Gucci brand ambassador. However, the veracity of these claims is often questioned. According to local lore, HushPuppi was born into a poor family in Nigeria and later moved to Malaysia, where he has lived for most of his life.

His Instagram account has a large following, in part due to his confrontations with real celebrities such as Timaya and Phyno, which he often incites through tantrums or arguments. In addition to high-end cars and watches, HushPuppi is known for showing off expensive jewelry like diamond and gold necklaces. 

On July 21 2021 HushPuppi was arrested for fraud and was sent to jail. The Federal Bureau of Investigation (FBI) revealed that Ray Hushpuppi has obtained approximately $450 million from clients and investors worldwide through his credit card and insurance scam operation. He targets citizens of countries such as the United States, the United Kingdom, Austria, Luxembourg, France, South Africa, and certain regions in Asia and the Middle East.

Obinwanne Okeke ($23,200,000)

Obinwanne Okeke, commonly referred to as Invictus Obi, is a well-known Nigerian fraudster considered one of the wealthiest “yahoo boys” in America. Despite his reputation as one of the most successful entrepreneurs in Africa under the age of 30, according to Forbes, his criminal activities were eventually exposed by both the Economic and Financial Crimes Commission (EFCC) and the Federal Bureau of Investigation (FBI).

Invictus Obi was responsible for operating one of the largest cyber-frauds in Nigeria, and was known for being a key player in a network of cybercrime syndicates that specialized in business email compromise. He was previously considered the second richest “yahoo boy” in Nigeria, surpassing Mompha, before his fraudulent activities were brought to light.

Unlike some of his colleagues who flaunt their wealth on social media, Invictus Obi lived a relatively private life, staying away from the public eye. However, his reputation was tarnished once his involvement in illegal activities was uncovered, and he has since fallen from grace.


Ismail Mustapha ($11,000,000)

Ismail Mustapha, better known as Mompha, is a wealthy businessman and philanthropist who is known for his extravagant lifestyle. Despite his public image as a successful entrepreneur, there are numerous allegations linking Mompha to fraudulent activities on the dark web.

Despite this, he has been seen in the company of influential Nigerian politicians and is considered one of the richest yahoo boys in Nigeria.

Mompha is the owner of the Mompha Bureau De Change in Lagos, which has raised suspicions about its funding source and potential involvement in money laundering for politicians. 

He is also the proud owner of a luxurious mansion in Banana Island and a collection of over 14 high-end cars. Despite being arrested by the EFCC and charged for his alleged criminal activities, Mompha was released due to a lack of evidence. Nevertheless, there are speculations that he may have paid his way out of the charges.

Investor BJ ($5,500,000)

Investor BJ, also known as the “Biggest Boy in Nigeria,” is considered one of the wealthiest individuals in the world of Yahoo Boys. He is widely recognized for his luxurious lifestyle and extravagant spending habits, which he showcases on his social media accounts. He is known to reside in Malaysia, where he is said to spend a significant portion of his wealth on high-end designers and cars.

BJ is a well-known businessman who claims to be a representative of the iconic fashion brand Gucci, in Malaysia. He is widely praised by many Nigerian celebrities, including 9ice, Zlatan, and Skibii, who have publicly expressed their admiration for his success and wealth. Despite his lavish lifestyle, it is estimated that his net worth is just under $6 million.

Deskid Wayne ($5,000,000)

Deskid Wayne is a well-known and influential figure in the Nigerian yahoo boy scene. Despite his extravagant lifestyle, there is no credible source of income that can explain the sources of his wealth. 

However, this has not stopped Deskid from flaunting his riches on social media. He gained widespread notoriety after posting a video of himself burning $250,000, which quickly went viral and solidified his status as an Instagram sensation.


Deskid is known for his lavish lifestyle and tendency to give away expensive gifts. He is also recognized for his extravagant displays of wealth, such as posting videos of himself burning large amounts of money. Despite his bad-boy reputation, Deskid is said to be faithful to his girlfriend.

A friend of Deskid mentioned in a live video that he has a substantial amount of money in his bank account and properties in both the US and Nigeria. Deskid’s estimated net worth is approximately $5,000,000.

King Jide (5,600,000)

King Jide, also known as the Mayor of Cape Town, is a wealthy and influential Yahoo Boy based in South Africa. King Jide has managed to build a vast and successful enterprise despite his criminal activities, making him nearly untouchable. He is known for his lavish lifestyle, which he flaunts on social media, though the source of his wealth remains unknown.

King Jide’s extravagant spending was brought to light when he spent over 5 million Nigerian Naira on a 30 Ace of Spades bottle and one Dom Perignon at the Cova lounge in Lagos. This extravagant display of wealth solidified his status as one of the richest Yahoo Boys in Nigeria.

According to reports, King Jide’s assets and properties are estimated to be worth around $5,600,000. Despite his criminal activities, he remains a figure of wealth and success in the eyes of many.

B-Naira (5,500,000)

Adewale Adebayo, better known by his stage name B-Naira, is a well-known yahoo boy from Ekiti State in Nigeria. He attended the University of Lagos, where he studied Geography and served as a youth corper in Ibadan, Oyo State.

B-Naira is known for his extravagant lifestyle, which has made him a popular figure in the Nigerian online community. Despite having a limited following as a musician, he has earned significant wealth through various means, including his music and producing work, as well as transactions conducted over the dark web.

B-Naira is often the center of attention for his lavish spending and display of wealth, including his collection of high-end vehicles, such as a Red Range Rover, 2 Rolls Royce, and other luxury cars. He has also shown his generosity by buying his mother a 2016 Toyota Prado SUV worth ₦38 million to celebrate Valentine’s Day in 2018. B-Naira is estimated to have a net worth of around $5,500,000.


Frequently Asked Questions

Who Is Mompha? 

Mompha is a wealthy businessman based in Lagos State, Nigeria, well-known for his luxurious lifestyle. He is a philanthropist, married, and has a male child. Mompha is also closely associated with many rich Nigerian politicians. However, his business, Mompha Bureau De Change, is said to be unregistered and involved in money laundering for politicians. Mompha’s net worth is estimated to be high, and he is considered one of the richest Yahoo Boys in Nigeria. Although he has been arrested and charged by the EFCC for cybercrime, the case was dropped due to a lack of evidence.

Who Is Investor BJ?

Investor BJ, also known as BJ, is a prominent businessman and yahoo boy based in Malaysia. He is one of the wealthiest yahoo boys in Nigeria and is widely recognized by Nigerian celebrities such as 9ice, Zlatan, and Skibii. BJ is also considered a representative of Gucci in Malaysia and has a net worth estimated to be just under $6 million. He is known for his extravagant spending on luxury designers and cars.

Who Is Deskid Wayne? 

Deskid Wayne is one of the most influential Yahoo Boys in Nigeria who lives a lavish lifestyle. Despite his wealth, the source of his income needs to be clarified. Deskid rose to fame after a video of him burning $250,000 went viral and established him as an Instagram sensation. He is known for his extravagant displays of wealth and frequent giveaways on social media. According to his friends, his net worth is estimated to be around $5 million and includes assets such as houses in the US and other properties in Nigeria.




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