The rich kids of Instagram never disappoint when it comes to flaunting their extreme wealth on social media. But it’s generally young people who hail from the UK, the US and Russia that are known for showing off their private jets, designer clothes and luxury holidays. Now, however, they’ve got some stiff competition from the wealthiest young people in Nigeria – Africa’s biggest economy – whose exploits are documented by the Richkidsnaija Instagram account.
Emeka Okonkwo, known as E-money, is the country’s youngest billionaire through interests such as property, oil and gas and his own record label. A billion Nigerian Naira is the equivalent of around £2.5 million in the UK.He owns multiple properties in Lagos and have kitted them out in lavish style with elaborate gold furnishings. His party trick is to spray cash on the guests from a money gun at weddings.
A video from earlier this year, shows him spraying one million Nigerian dollars – the equivalent of £2,500 – on guests at the marriage of actor Mike Ezuruonye’s sister. Rapper and designer Bayo Adewale AKA Bnaira is also fond of throwing cash around at parties.
He became known for his love of red cars while studying geography at the University of Lagos and worked his way up from a Honda Accord to Ranger Rovers and supercars with personalised plates in his signature colour.
Mompha, who is the CEO of a Lagos Bureau De Change, boasted that he has ‘lots of them like coupons’ and is ‘drowning’ in a red sea of their distinctive soles. He also showed off his bags from a shopping spree at Gucci, Cavalli, Valentino, Versace, Hermes and Louis Vuitton, making his followers aware that he’d paid for the luxury haul in cash. Meanwhile HushpuppiI proudly announced that he had been invited to an exclusive preview event at Versace.
