Nigerian Unversity Dropout; Elijah Oyefeso Gets Loan From Friend to Become A Stockbroker And Now Makes £30,000 Even On A Bad Day

A university drop-out who taught himself to become a stockbroker claims he earns between £20,000 and £30,000 on a bad month.

Elijah Oyefeso, 21, started by using his student loan and now trades on the stock market for just one hour a day to earn his income.

Elijah, from Camberwell, London, now lives in a £5,000-a-month flat and his weakness is super cars, with his most recent purchase a £125,000 Mercedes GTS.

He said: ‘On a good month, I earn between £70,000 and £80,000.’

Elijah said: ‘If you work hard you don’t need to look at the price tag, you just get it.’

Elijah claims he bought his first Mercedes aged 18 but soon faced jealousy from his peers in the south London neighbourhood after his success and now has no friends from the area where he grew up.

He said: ‘They’ve come from the same area and they’re still in the same area and went to school in the same area.

He claims his income on a ‘bad month’ will be between £20,000 and £30,000, while it can be over £40,000 more on a good month.

Elijah, who featured in Channel 4’s Rich Kids Go Shopping on Channel 4, was filmed as he traded online, making £1,000 in just 15 minutes.

‘I’ve been trading for three years, I know when to stop,’ he said.

The most he’s lost in one go is nearly £10,000. ‘When you lose it, you get back up. If you lose 12 times, you get back up 12 times.

‘You want to leave a name when you’re gone. Think about JP Morgan, the assets are worth 2.6 trillion. So that’s a lot.’

Elijah, who listens to classical music while trading, said: ‘There’s a saying, you are who you chill with. I chill with people who have half a million in the bank.

‘Earning £20 to £30,000 a month, in my world that’s not good. It motivates you to do more.’