NYC High School Kid Makes $72 Million in the Stock Market

Dec 15, 2014 at 11:50 am |

Update: 16 December 1.00pm EST

It was all a lie.

Mohammed Islam made the whole thing up. He is NOT a $72 million investor.

In an exclusive interview with the Observer, Islam confessed that he did not make all that money in stock. What he did make is fake money in simulated trades in the investment club that he runs.

Multi-millionaire: Mohammed Islam (pictured in a Facebook photo), 17, from Queens, New York, has already made an estimated $72million - from trading stocks on his lunch breaks at Stuyvesant High School

Original: 15 December 11.50am EST

He is the teen wolf of Wall Street, and at 17 years old, he is worth a rumored $72 million.

Mohammed Islam, senior at Stuyvesant High school, has always had a thing for investments. At age 9, Islam was trading penny stocks with money he had made from tutoring. But nowadays, he spends his lunch breaks trading and investing in startups.

Islam may be considered the luckiest kid alive. The true is, he really knows his stuff. In a recent interview, Islam was asked, “What makes the world go round?” and responded by saying, “Money. If money is not flowing, if businesses don’t keep going, there’s no innovation, no products, no investments, no growth, no jobs.”

The kid, who can’t even drive yet, began studying modern finance by reading up on traders such as his hero, Paul Tudor Jones, a billionaire hedge-funder.

Mohammed Islam is a 17-year-old millionaire. Find out how!