Josh Mojica Breaks Silence on Billionaire Claims: “I Never Said That”

The story of Josh Mojica, the 21-year-old entrepreneur behind the viral Kangkong Chips Original brand, took an unexpected turn this August when social media exploded with claims that he was already the country’s youngest billionaire. What started as a seemingly innocent fan page post quickly spiraled into controversy, dragging his name into a storm of misinformation, political commentary, and heated debates about success, wealth, and accountability. After days of speculation, Mojica finally addressed the issue in a video statement, clarifying the truth behind the headlines—and setting the record straight.

The Rise of Josh Mojica

Josh Mojica is no stranger to public attention. At just 21 years old, he built a thriving business out of something many people overlooked: kangkong (water spinach) chips. His brand, Kangkong Chips Original, has not only become a hit among snack lovers but also a symbol of Filipino youth entrepreneurship.

Mojica’s journey to success was often portrayed as inspirational—proof that innovation, creativity, and perseverance could lead to financial independence at a young age. Social media platforms were flooded with stories of how he turned a small business idea into a national trend.

Because of this success, Mojica earned admiration as well as curiosity. People began speculating about how much money he had made. And then came the post that turned admiration into controversy.

The Viral Claim: “The Youngest Billionaire”

An unofficial Facebook page dedicated to Mojica published a bold statement: that he was the youngest billionaire in the Philippines. The claim was later reshared on his verified account, which gave it more weight in the eyes of the public.

Almost immediately, people reacted. While many fans congratulated him, others raised eyebrows. The word billionaire carried massive implications—not only for Mojica’s personal image but also for government institutions tasked with monitoring wealth and taxes.

It didn’t take long before a high-profile figure weighed in.

Rowena Guanzon Enters the Conversation

Former Commission on Elections (Comelec) Commissioner Rowena Guanzon, known for her outspoken presence on social media, publicly questioned the claim. She suggested that Mojica’s supposed billionaire status should be investigated by the Bureau of Internal Revenue (BIR).

Guanzon further argued that if the Philippines had a “youngest billionaire,” it should be Edgar “Injap” Sia II, the businessman behind Mang Inasal and DoubleDragon Properties, who achieved the milestone years earlier.

Her comments poured gasoline on the fire. What had started as a fan page exaggeration was now being scrutinized at the national level.

Josh Mojica Speaks Out

On August 23, Mojica finally decided to break his silence. In a video statement posted online, he explained that he never claimed to be a billionaire.

“I didn’t say I am a billionaire,” Mojica stressed. “I reshared the post without realizing how it would be taken. Being a billionaire is still my dream, not my reality.”

He emphasized that while his business has grown and achieved success, it is nowhere near the level of billion-peso revenues or valuations. Mojica admitted that the fan page post was misleading, and that resharing it without clarification was a mistake.

“My Business Is Legal and Transparent”

Aside from clarifying the rumor, Mojica also defended the integrity of his business. With Guanzon’s comments pointing toward possible tax issues, he wanted to assure the public that Kangkong Chips Original operates within legal boundaries.

He explained that his company is registered, pays taxes, and follows regulations. Mojica insisted that he has nothing to hide, emphasizing transparency as part of his entrepreneurial values.

“I built this business with hard work and honesty,” he said. “It’s fully legal, and I want people to know that my goal is not just profit but also inspiring young entrepreneurs to dream big.”

Lessons in Public Image

Mojica’s billionaire controversy reveals much about the power of social media. A single exaggerated post can quickly spiral out of control, especially when reshared by the person at the center of it.

For many, Mojica’s story is a lesson in managing public image. Entrepreneurs—especially young ones—are often placed under the microscope. Every word, every post, and every claim can be dissected, criticized, or misinterpreted.

In Mojica’s case, the viral post challenged his credibility. By addressing it quickly and clearly, however, he managed to regain control of the narrative.

The Public Divides

Reactions to Mojica’s clarification have been mixed.

Supporters applauded his honesty, arguing that the controversy only highlighted how quickly misinformation spreads online. For them, Mojica remains an inspiring figure whose success story deserves admiration.

Critics, however, were less forgiving. Some argued that he should have been more cautious about what he shares on his official account, especially since young people look up to him. Others claimed that whether intentional or not, the post created a misleading impression that benefited his public image.

Beyond the “Billionaire” Label

For Mojica, the incident may turn out to be a blessing in disguise. It pushed him into the spotlight not just as a snack entrepreneur but as a public figure who needed to navigate media scrutiny.

The young businessman emphasized that while he is not yet a billionaire, the title remains a dream he is determined to pursue. Instead of shying away from the controversy, he used it as an opportunity to remind the public about his real mission: to inspire Filipino youth.

“I want people my age to know that business is possible,” he said. “You don’t have to be rich to start. What matters is persistence, innovation, and believing in yourself.”

What’s Next for Kangkong Chips?

With the controversy behind him, Mojica now turns his focus back to growing his brand. Kangkong Chips Original continues to expand, with plans for wider distribution and potentially international reach.

The brand’s success proves that even a simple concept—like turning a common vegetable into a crunchy snack—can become a profitable venture when executed with passion and strategy.

If Mojica stays on course, the “billionaire” dream might not remain just a dream forever.

Conclusion: A Dream, Not a Claim

The billionaire issue surrounding Josh Mojica serves as both a cautionary tale and an inspiring reminder. It shows how easily information can be twisted online, how quickly public figures can face scrutiny, and how important it is to respond with clarity.

Mojica may not be a billionaire yet, but his story reflects the spirit of modern Filipino entrepreneurship: young, bold, and unafraid to dream big.

At 21, he has already built a brand, weathered a public controversy, and emerged with his integrity intact. Whether or not he achieves billionaire status in the future, Josh Mojica has already proven one thing—success isn’t just about numbers, it’s about resilience, authenticity, and inspiring others to believe in what’s possible.