Did High School Student Mohammed Islam Make $72 Million …
Update: Mohammed Islam has admitted that he lied about his earnings. He was only trading in simulated stocks and has made zero dollars trading on the stock market.
Read About His Full Confession HERE.
Mohammed Islam is rich and he’s not even out of high school. However, recent reports suggesting that the high schooler has earned $72 million trading stocks, are greatly exaggerated.
The rumor started when Islam was interviewed by NY Magazine earlier this week. In the report, author Jessica Pressler pointed out a rumor that Islam has made $72 million playing the stock market, mostly on his lunch break. Presslar writes, “Late last year, a rumor began circulating at Stuyvesant that a junior named Mohammed Islam had made a fortune in the stock market. Not a small fortune, either. Seventy-two million.”
Recommended for YouWebcast: The Art of Growth Hacking: Gaining Early Traction by Doing Things that Don’t Scale
While Pressler clearly states that the $72 million stock trading sum was just a rumor, it was quickly picked up as fact by many news agencies.
Dan Evon at Social News Daily points out that Mohammad Islam may not have earned $72 million, but he still earned at least eight figures.
Speaking to CNBC, Islam revealed, “The attention is not what we expected – we never wanted the hype. This was about friends trying to make something exciting together … We expected a regular article about what we hope to do … The way we were portrayed is not who we are.”
In the meantime, NY Magazine has defended its article, noting that the $72 million earned by the high school student was listed as a rumor started by teens at the high school.
Even if the young man had earned a few hundred thousand dollars, it would none-the-less be an impressive amount of cash for a part-time job.
[Photo Credit: Dick Thomas Johnson]
Author: James Kosur
James Kosur on the WebJames Kosur on FacebookJames Kosur on Google PlusJames Kosur on Pinterest
James Kosur is the Director of Content Development for Business2Community. He is also the co-founder and CEO of GiveItLove.com. His website focuses on positive stories and viral news. Over the last 17 years he has served in various CEO, COO, and Head of Business Development positions in tech, e-commerce, and… View full profile ›
This article was written for Business 2 Community by James Kosur.
Find out how you can become a part of Business 2 Community.
Visit source –
Did High School Student Mohammed Islam Make $72 Million …
