Using what he learned from his upbringing, Leon Howard, aka Wallstreet Trapper, is benefiting others looking for financial success.
He was born and grew up in New Orleans, Louisiana. In his early teens, he had to serve ten years in prison. At that time, he learned about stocks, how banks operate, and how to become financially literate.
Wall Street Trapper Net Worth
In 2022, the net worth of Wall Street Trapper is estimated to be $100 million but such estimates can probably be inaccurate. As of December 2020, he tweeted:
“Y’all be tryna Google people’s net worth,” wrote Leon Howard, a financial educator at the time, “Once you get a certain level of bread, you learn how to hide it in LLCs and trusts. Own nothing, control everything…”
However, recently Howard’s business has reached seven figures, according to a press release. Here are a few other facts about Howard.
Wallstreet Trapper Empowers Urban America
‘From the Trap to Wallstreet’ was founded by Howard, which is an initiative that is making a difference in urban America’s financial mindset, as he writes on his movement’s website.
“The term ‘From The Trap’ refers to the trap as a state or condition of a people being financially trapped and unable to find the path to financial freedom,” says Howard.
“It also refers to the trapped mindset created from a place where illegal activities ultimately devour people and lead to them being funneled into a justice system where they are stripped of everything financially and emotionally.”
Thus, the name of the movement “symbolizes escaping the trap to arrive on Wall Street and adapting to new surroundings, mindset, and lifestyle.”
Additionally, Howard provides financial advice on ‘Wallstreet Trapper’, his YouTube channel, which has 1.7 million views, and more than 99.5k subscribers; on Instagram, @wall_street_trapper, which has 590,000 followers; plus on Twitter, @Wallstreet504, and his following on Twitter is 23.7k.
Howard learned about stocks in prison
During his teenage years, Howard was imprisoned at the Louisiana State Penitentiary. As a prison laborer, Howard cut down trees for eight cents an hour.
A fellow inmate, however, introduced him to the stock market, and his trajectory changed. In the wake of that pivotal conversation, watching CNBC in the morning and reading books about the market became Howard’s routine.
After he was released from prison, he invested 70% of his income as an ironworker. He then switched careers and went on to become an entrepreneur and a full-time investor.
“My childhood taught me resilience,” he said recently. “There is nothing that can limit me because I know how to adapt, survive and make the best of my situations.”