Did Hushpuppi's Net Worth Ever Help Him?

Deplored hometown, ignored friends - only one way was left

By  | Jul 08, 2022, 12:53 PM  | Top of The

In his widely shared 2017 "Letter to the Ghetto Kid," Hushpuppi discussed how a youngster can feel rejected because of his or her disadvantaged surroundings. The social media "cool kid" became a household name in the same year he began using social media to boast about his fortune.

"Every disadvantaged youngster in the world and particularly in Nigeria and Lagos, Bariga and Oworonshoki — where a landlord had driven me and my family out of a leased apartment should not give up," stated Ramon Abass with pride. His father drove a cab and his mother sold bread on the roadside in Oworonshoki.

For years, Hushpuppi's claim to fame that he was a real estate investor was shrouded in mystery as people puzzled at his lavish spending habits, which included buying high-end cars like the Rolls-Royce Ghost and Ferrari California T and flying around the globe on a private aircraft. Hushpuppi's Net worth was a mystery.

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Hushpuppi's Net worth

After moving to Malaysia, Hushpuppi's tale took a dramatic turn. The question of how he went from rags to riches so quickly has been debated ever since. However, Hushpuppi said that he was interested in real estate investing.

When Interpol detained him in Dubai for suspected hacking in June 2020, his actual source of riches was disclosed. A conspiracy to launder money obtained through business email compromise frauds and other scams, including schemes that defrauded a U.S. law firm of about $40 million, illegally transferred $14.7 million from a foreign financial institution and targeted to steal £124million from an English football club, awaited Hushpuppi after his extradition to the United States.

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Hushpuppi and others, according to the FBI, scammed a New York-based legal firm's client in October 2019 of $922,857.

More than 150 million dirham (approximately $40 million) in cash, 13 luxury automobiles totalling Dh 25 million ($7M), 21 computers, 47 cellphones, 15 memory storage devices, 5 external hard drives, and 800,000 emails of prospective victims were recovered on the day of his arrest in Dubai, according to reports.

Hushpuppi’s Cars

In addition to the famous Rolls-Royce Wraith, which many feel he didn't purchase, Hushpuppi claimed ownership of a number of other high-end vehicles. He had a Mercedes-Benz G-wagon, a Ferrari 488 GTB, and a Mercedes-Benz Maybach S650, which we have proven to have a starting price of N72 million each.

Limited Edition Ferrari 458 Italia Ferrari 458 Italia, which Hushpuppi claimed to possess, is believed to be worth approximately 150 million. As a Valentine's Day present to himself in 2019, Hushpuppi purchased a Bentley Bentayga for around 84 million.

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Ignorance to his roots

Despite his “big blessings” Hushpuppi’s net worth made him have no regard at all for where he came from.

They said that Hushpuppi was already wealthy enough to purchase his boyhood neighbourhood and transform it into an estate, but he refused.

Hushpuppi's buddy Sikiru Adekoya, who was also detained with him, allegedly phoned him about buying a motel on the street at one point but showed little interest.

His accusation is that he has failed to assist those that he met while living on the streets.

According to a reliable source, he didn't bring Sikiru to Dubai with him until two years before the police stormed their home and arrested them both.
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