Trust Fund: Man Opens Bank Accounts for Unborn Kids, Saves "N2.4bn in Dollars" to Make Them Rich

Trust Fund: Man Opens Bank Accounts for Unborn Kids, Saves "N2.4bn in Dollars" to Make Them Rich

  • A wealthy young man revealed that he is on a mission to save $30m (N22,905,900,000) for his unborn kids, and he had already done $3.2m (N2,443,296,000)
  • The man said he wanted to give his children a financial advantage that would make them each worth $160m (N122,164,800,000) at 21
  • Yet unmarried, the wise man said that he was planning to have six children in all, as many people praised him

A young man who described himself as an entrepreneur has shown how he plans well for his unborn children's future.

The man (@hqgotrich) opened bank accounts for his kids and saved the sum of $3.2m (N2,443,296,000). His goal is to grow their funds to $30m (N122,164,800,000).

Trust funds for unborn kids/Man saved money.
The young man showed the money he had saved for his unborn kids. Photo source: @hqgotrich
Source: TikTok

Man opens trust fund for kids

He wants them to be worth $160m (N122,164,800,000) each by the time they turn 21 years old. The man said that people need to start normalising trust funds for their children.

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The entrepreneur said that the wealth gap between the black community must be bridged. In his words:

"My goal is to make sure my kids have an unfair advantage in the world where there are so many odds stacked against them as a black person."

What we have learnt about man saving for kids so far

A further search revealed his name as Abdul-Qawiyy Hammed on YouTube. On his source of income, his profile page claimed:

"From $42 a month to $250 million online at 25. Founder Paid Setter University... I'm Abdul-Qawiyy, a 25 year old Nigerian entrepreneur based in Dubai. I got into the online business Space at age 15 & I’ve generated $250 million dollars online for my clients who are course creators, coaches, service-based entrepreneurs looking to transition into the course business."

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While he was making his TikTok video, he did not mention the name of the bank he saved the money. A further attempt to reach his business page returned an error message.

Watch his video below:

Man saving for his kids inspires netizens

Many TikTokers praised the young man. Legit.ng compiled some of the reactions below:

Michaelina said:

"Wish I had a dad like u. But again, I would be the mother that does this."

LALA said:

"Wow im not doing enough."

Eno said:

"Please tell me how to make the $3M."

Tacha.B said:

"That’s dope!! Absolutely amazing."

brandonswealth said:

"Yes sir exactly what I'm looking to do for my future kids aswell. Bless up."

Richard Mwai467 said:

"It's ok to fund ur kids but teach them too how to work for themselves its much safer for them."

Ministering _Realtor said:

"Finally somebody said it. I totally believe in this."

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Matilda said:

"This is really inspiring. Definitely setting a great example for us!"

Lady shows off her parents' Rolls Royce

Meanwhile, Legit.ng earlier reported that a young lady (@wockpedia) from a wealthy home shared a video showing her parents' different Rolls Royce in their garage.

The lady who dedicates her page to showing off her parents' wealth said that no matter the hate people give her, she will keep displaying how privileged she is.

Source: Legit.ng

Authors:
Joseph Omotayo avatar

Joseph Omotayo (HOD Human-Interest) Joseph Omotayo has been writing for the human interest desk since 2019 and is currently the head of the desk. He graduated from Obafemi Awolowo University, Ile-Ife, with a degree in Literature in English in 2016. He once worked for Afridiaspora, OlisaTV & CLR. He is a 2022/2023 Kwame Karikari Fact-Checking fellow. He can be reached via: joseph.omotayo@corp.legit.ng.