Born on December 22, 1963, Tony Onyemaechi Elumelu is one of the wealthiest Nigerian entrepreneurs, ranking among the top 10 with a projected net worth of $1 billion in 2021 according to Forbes’ rich list. Elumelu is a businessman by trade, a philanthropist, and a role model for the majority of young people in Nigeria and Africa. He uses his foundation to educate and train the next generation of Nigerians to be better members of society.
Overview
Many individuals see great significance in the name Tony Elumelu. Some people associate him with leading the group that transformed a single-country bank into a Pan-African bank, while others associate him with the Tony Elumelu Foundation, which promotes and honors excellence in business across the African continent.
The guy who made $123 million in three weeks is Tony Elumelu, in my opinion. This took place in 2013 between December 1 and December 21. Well enough of this, Tony? In addition to being a philanthropist and businessman, he founded the Tony Elumelu foundation and serves as chairman of Heirs Holdings, Transcorp, and the United Bank for Africa.
Information about Family and Background
Tony Elumelu is originally from Onicha-Ukwu, which is located in the Aniocha North Local Government Area of Delta State. He was born in Jos, Plateau State, nevertheless. Ndudi Elumelu is a politician in Nigeria and one of Mr. Tony Elumelu’s four siblings.
After graduating from Ambrose Alli University with a bachelor’s degree, Tony Elumelu went on to the University of Lagos to earn a master’s degree before enrolling at Harvard Business School.
He is wed to medical practitioner Dr. Awele Vivian Elumelu, and the couple has four children, all of which are girls.
Career
Despite the fact that he probably had a lot going for him, he became well-known when he bought Standard Trust Bank and made it a dominant force in the Nigerian banking market. And he didn’t stop there. He spearheaded a group of investors in 2005 that prompted a merger, creating the United Bank for Africa. Since then, the bank has expanded to include branches in over 20 African nations in addition to the US and the UK.
In addition, he started Heirs Holding upon his 2010 retirement from UBA. In addition, he owns other companies and real estate.
Apart from his prosperous business career, Tony Elumelu is a renowned philanthropist. His creation, the Tony Elumelu Foundation, was
He is well-known for his pet project, the Tony Elumelu Entrepreneurship Programme. In addition, he works with various nonprofit organizations. Among them was his membership in the Africa Regional Agenda Council of the World Economic Forum.
In addition, he is a trustee of the Infant Jesus Academy in Delta State, a fellow of the Nigeria Leadership Initiative, a former member of the Bretton Woods Committee, and through his foundations, he is participating with the Tony Blair Africa Governance initiative.
Honors
Tony Elumelu had won various accolades and prizes, much like other outstanding men and women who had achieved success in their respective fields. He deserves every honor and even more than what he has received; there is no denying that. Among his honors are
Mr. Tony holds the rank of Member of the Federal Republic of Nigeria’s Order (MFR). He received this national title in 2003.
In 2009, he was asked to join the Presidential Committee on the Global Financial Crisis by President Umar Musa Yar’adua.
In 2012, New African Magazine included him in their list of the 100 most important Africans in business.
He received the 2013 African Business Icon title.
Tony Elumelu’s earnings
Tony Elumelu is undoubtedly a wealthy man. He had amassed wealth for his entire family in addition to himself.
He always makes money from his houses and enterprises. Mr. Tony Elumelu had a $700 million net worth as of 2015. As of right now, his anticipated net worth for 2021 is $1 billion.
