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Damilare Ogundare (Habbyfx): Net Worth, Biography, And Achievements
Damilare Ogundare, popularly known as HabbyFX or Habby Forex, has risen to prominence as one of Nigeria’s youngest and most successful forex traders. Born on March 18, 2001, in Osun State, Nigeria, Damilare’s story is one of resilience and ambition, making him a standout figure in the Nigerian financial sector. As of today, he is not only an influential trader but also an entrepreneur, educator, and philanthropist, with an estimated net worth of over $5 million.
Early Life and Education
Damilare is currently a student at the University of Lagos (UNILAG). His interest in forex trading began in 2016 when he was still a teenager, driven by the desire to create a better future for himself. While balancing his academics, he delved into learning the intricacies of forex trading, an avenue he saw as an opportunity to earn a substantial income while developing valuable skills. His initial years were marked by challenges that most forex traders face, such as understanding market dynamics and handling losses, but his determination saw him through these early struggles.
Forex Trading Career
Damilare’s breakthrough came in 2018 when he founded the Habby Forex Trading Academy, an online and offline platform that offers mentorship and training for aspiring forex traders. His academy has since trained over 10,000 students, many of whom have gone on to achieve notable success in the forex industry. Damilare prides himself on not just being a successful trader but also on his ability to empower others, helping over 5,000 students earn significant profits through his trade signals and educational programs.
By 18, Damilare had already made his first million naira, an achievement that further motivated him to expand his horizons. Today, HabbyFX is affiliated with major forex brokers such as Infinox and ICM, with his academy boasting three physical locations in Lagos. His trading prowess has earned him the recognition of being one of Nigeria’s wealthiest young traders, with partnerships and collaborations that span across Africa.
Achievements and Ventures
Apart from his work as a trader and educator, Damilare has diversified his investments into other sectors, most notably real estate. He owns two properties in Lagos and has also acquired luxury cars, including a Mercedes-Benz C63, a Range Rover Sport, and a Lexus IS 350, all from the proceeds of his forex trading activities.
One of his notable achievements is his role as an ECOWAS Youth Ambassador, a position that allows him to influence and inspire young people across West Africa. Through this platform, Damilare has actively advocated for the establishment of more proprietary trading firms in Nigeria, which he believes could provide employment opportunities and help alleviate youth unemployment in the country.
In addition to trading and investments, Damilare is also a published author. His book, Breaking the Economic Mist as a Nigerian Youth, offers insights into financial independence and the opportunities available to young Nigerians in the digital economy.
Net Worth
Damilare Ogundare’s financial success has been well documented. His current net worth is estimated at over $5 million, primarily accumulated through his trading activities and business ventures. He continues to generate income from his trading academy, partnerships with brokers, and investments in real estate. His significant wealth at such a young age has made him a role model for aspiring traders in Nigeria and beyond.
Philanthropy and Vision
Despite his financial success, Damilare has remained committed to giving back to his community. His philanthropic efforts are focused on helping young Nigerians achieve financial independence through education and mentorship in forex trading. To date, many young people have benefited from his free and paid trade signals, as well as his educational programs.
Looking ahead, Damilare aims to continue expanding his influence in the financial sector. He has expressed a desire to work with the Nigerian government to establish more proprietary firms that would support forex trading in the country, a move he believes could help alleviate poverty by creating more opportunities for the youth.
Conclusion
Damilare Ogundare, or HabbyFX, is a name that has become synonymous with success in Nigeria’s forex trading industry. From humble beginnings, he has built a multimillion-dollar empire through persistence, hard work, and a passion for helping others. As one of the youngest and richest forex traders in Nigeria, his influence continues to grow, both in the financial sector and among the youth. Through his academy, investments, and advocacy, Damilare is paving the way for a new generation of financially empowered Nigerians, showing that with the right mindset and effort, success is achievable.
For those aspiring to follow in his footsteps, Damilare’s journey is a powerful reminder that challenges are part of the process, and with dedication, significant success is within reach.
