NEW YORK CITY (PIX11) - A 17-year-old student at Stuyvesant High School in Manhattan decided to use his lunch break to play the stock market - and he's good at it.
New York Magazine reported Mohammed Islam has made tens of millions of dollars playing the stock market. The teen has a rumored net-worth of $72 million, according to New York Post.
Islam made so much money dabbling in penny stocks already that he purchased a BMW (though he doesn't have a license to drive it) and rented an apartment in New York City (which his parents won't let him live in it until he's 18).
"What makes the world go round?" Islam asked in the interview, explaining his preference for trading and investment over startups. "Money. If money is not flowing, if businesses don't keep going, there's no innovation, no products, no investments, no growth, no jobs."
Speaking of powerful people, check out the men and women who made Forbes' Most Powerful list:
Plus, here's a video Islam posted at 16: