Tony Elumelu Biography: Family, Age, Early Life, Education, Career , Net worth

Tony Elumelu Biography

Tony Elumelu Biography: Elumelu was born in Jos, Plateau, Nigeria, on 22 March 1963, to Suzanne and Dominic Elumelu, originally from Onicha-Ukwu in Aniocha North Local Government Area of Delta State. He grew up with four siblings, one of whom is Ndudi Elumelu, a minority leader in the Nigerian legislature.

Tony Elumelu Early Life

Anthony Onyemaechi Elumelu better known as Tony Elumelu. He’s a Nigerian investor, entrepreneur, and philanthropist and also the founder of the Tony Elumelu Foundation.

Born on March 22, 1963, into a Christian household in Jos, Plateau state, Nigeria, to Mr. Dominic and Mrs. Suzanne Elumelu.

In 1993, Tony Elumelu married Mrs. Awele Vivien Elumelu, a medical professional. They are blessed with 7 children – 5 girls and 2 twin boys.

Tony Elumelu Age

Born on March 22, 1963.

Tony Elumelu Education

studied Economics at Bendel State University (now Ambrose Alli University) obtaining a Bachelor of Science with a Lower Second Class (2:2). Afterward, he studied and received a Master of Science degree in Economics at the University of Lagos.

Tony Elumelu Career

Tony O. Elumelu is one of Africa’s leading investors and philanthropists.

He is the Founder and Chairman of Heirs Holdings, his family owned investment company committed to improving lives and transforming Africa, through long-term investments in strategic sectors of the African economy including financial services, hospitality, power, energy, technology and healthcare.

Tony is the Chairman of pan-African financial services group, the United Bank for Africa (UBA), which operates in 20 countries in Africa, the United Kingdom France, and is the only African bank with a commercial deposit taking presence in the United States. UBA provides corporate, commercial, SME and consumer banking services to more than 21 million customers globally. He also chairs Nigeria’s largest quoted conglomerate, Transcorp Plc whose subsidiaries include Transcorp Power, one of the largest generators of electricity in Nigeria and Transcorp Hotels Plc, Nigeria’s foremost hospitality brand.

He is the Founder and Chairman of Trans-Niger Oil & Gas Limited (TNOG), an upstream oil and gas company which owns and operates Nigeria’s OML17, (with 2P reserves of 1.3 billion barrels of oil equivalent) and committed to creating resource based added value on the African continent.

Tony is the most prominent champion of entrepreneurship in Africa. In 2010, he created The Tony Elumelu Foundation (TEF), the pan-African philanthropy empowering a new generation of African entrepreneurs, catalysing economic growth, driving poverty eradication and ensuring job creation across all 54 African countries. Since inception, the Foundation has funded just under 10,000 entrepreneurs and created a digital ecosystem of over one million Africans as part of its ten year, US$100m commitment through its flagship Entrepreneurship Programme.

Tony Elumelu personal life

Tony Elumelu, a successful investor, businessman, and philanthropist, has been happily married to the talented Dr. Awele Vivian Elumelu since 1993. This union has brought forth the fruit of seven beautiful children, each bearing unique names such as Oge Elumelu, Ogor Elumelu, Onyinye Elumelu, Ugo Elumelu, Nneka Elumelu, and two others.

Dr. Awele Vivian Elumelu has become a respected figure in healthcare, holding dual leadership positions as the Chairperson for both Avon Medical Practice Limited and Avon Healthcare Limited while also overseeing the healthcare investments of Heirs Holdings. Her Bachelor of Medicine and Bachelor of Surgery degree, earned from the prestigious University of Benin, has equipped her to offer world-class guidance in these areas, making her a valuable asset to the organizations she serves.

Tony Elumelu Net worth

As of 2024, Tony Elumelu’s net worth is estimated to be over $1 billion, reflecting his diverse business interests and successful ventures. His contributions to business and philanthropy have earned him numerous accolades, including the national honors of Member of the Order of the Federal Republic (MFR) and Commander of the Order of the Niger (CON). He has also been recognized as one of TIME Magazine’s 100 Most Influential People.