Tony Elumelu (full name – Anthony Onyemaechi Elumelu) is a Nigerian entrepreneur and one of the few people I look up to in the Nigerian entrepreneurial scene
Tony Elumelu is the founder of The Tony Elumelu Foundation and the Tony Elumelu Entrepreneurship program; the Tony Elumelu Foundation application is open to entrepreneurs throughout Africa each year.Tony Elumelu's net worth has been questioned because he is a self-made billionaire whose primary source of wealth is investment. We'll talk about his net worth later in this article. Tony is a true economist, philanthropist, and entrepreneur in every sense of the word.
Tony Elumelu is a strategic investor who owns a controlling stake in Transcorp, a Nigerian conglomerate that is publicly traded. Agriculture, power generation, oil production, and hospitality are all areas where Transcorp is interested
Tony Elumelu Network
Mr. Elumelu Was Rankeded 31st on Forbes Africa's wealthiest list in 2015, with a net worth of $700 million.
Tony Elumelu Biography
On March 22, 1963, Anthony Onyemaechi Elumelu was born in Jos, Plateau State, Nigeria. He is from Onicha-Ukwu in Delta State's Aniocha North Local Government Area.
He graduated from Ambrose Alli University with a bachelor's degree in economics and the University of Lagos with a master's degree in economics. Tony is also a Harvard Business School alumnus of the Advanced Management programme.
In 1993, he married Awele Vivien Elumelu, a medical doctor, and they have two children. Ndudi Elumelu, a former member of the Nigerian Federal House of Representatives, is one of his four siblings.
The Career of Tony Elumelu
Tony worked to build Standard Trust Bank into a major player in Nigeria early in his career, and when they merged with UBA, he became chairman until his retirement. Tony Elumelu founded Heirs Holding after retiring from UBA in 2010.
Heirs Holding is a family-owned investment firm dedicated to making a difference in people's lives. The power, financial services, oil and gas, hospitality, real estate, and health care sectors are all represented in Heirs Holding's portfolio. The company is active in twenty-three countries around the world.
Tony Elumelu also founded The Tony Elumelu Foundation (TEF), a leading philanthropic initiative in Africa that promotes entrepreneurship and entrepreneurs.
Elumelu is a member of the Partners Forum of the USAID's Private Capital Group for Africa (PCGA). He was a driving force behind the establishment of the National Competitiveness Council of Nigeria (NCCN), which he now chairs as vice chairman. Tony also serves on the Agricultural Transformation Implementation Council of Nigeria's President. He is a Co-Chair of the Aspen Institute's Global Food Security Dialogue Series. From May 11 to 13, 2016, he was one of the co-chairs of the 26th World Economic Forum on Africa in Kigali, Rwanda. Tony serves on a number of boards and has chaired a number of African development initiatives.
Member of the Order of the Federal Republic since 2003, Tony Elumelu has received numerous honours and awards.
2006 National Award
African Banker magazine named him African Banker of the Year in 2008.
Africa Investor magazine named him African Business Leader of the Year in 2008.
Commander of the Order of Niger (CON) National Honour Award 2012
Forbes magazine named the top 20 most powerful people in Africa in 2012.
New African Magazine's 2012 list of the 100 Most Influential Africans in Business
Benue State University awarded him an honorary doctorate of science degree in 2012.
UNN awarded him an honorary doctorate in business administration in 2012.
The AAI awarded me the Leadership Award in Business and Philanthropy in 2013.
ESI Most influential Figures in African Power 2015
CGECI Academy’s Lifetime Achievement Award 2016
100 Most Influential People in the World by Time 2020