Tony Elumelu Mobile Number, Phone Number, Email ID, House Residence Address, Contact Number Information, Biography, Whatsapp, and More possible original information are provided by us here.
Tony Elumelu, whose full name is Anthony Onyemaechi Elumelu, is an entrepreneur from Nigeria. He is one of the very few people in the Nigerian business community who I look up to in terms of entrepreneurial success. Tony Elumelu is the founder of the Tony Elumelu Entrepreneurship program, which is run by The Tony Elumelu Foundation. The Tony Elumelu Foundation accepts applications from African business owners on an annual basis.
Tony Elumelu is a self-made billionaire whose money was mostly acquired via investing; inquiries have been made over the size of his net worth. In this post, we will talk about a number of topics, including his net worth. Tony is an economist of the highest kind, an entrepreneur in every sense of the term, and a generous benefactor. On March 22, 1963, Anthony Onyemaechi Elumelu was born in Jos, which is located in the state of Plateau in Nigeria. His hometown is Onicha-Ukwu, which is located in the Delta State municipality of Aniocha North Local Government Area.
He received his undergraduate degree in economics from Ambrose Alli University and his graduate degree in economics from the University of Lagos. Both of these degrees are in the field of economics. Additionally, Tony graduated from the Harvard Business School’s Advanced Management program while he was there. In 1993, he tied the knot with Awele Vivien Elumelu, who is also a medical practitioner, and the couple has been blessed with children. He is one of four siblings, and one of them, Ndudi Elumelu, is a former member of the House of Representatives of the Federal Government of Nigeria.
Tony O. Elumelu is widely regarded as one of the most successful businesspeople and philanthropists in Africa. He is the Founder and Chairman of Heirs Holdings, an investment company that is owned by his family and is dedicated to improving lives and transforming Africa through long-term investments in strategic sectors of the African economy. These sectors include financial services, hospitality, power, energy, technology, and healthcare. Heirs Holdings was established with the goal of improving lives and transforming Africa. Tony is the Chairman of the United Bank for Africa (UBA), which is a pan-African financial services group that operates in 20 countries across Africa, as well as the United Kingdom, France, and the United Arab Emirates. It is also the only African bank that has a commercial deposit-taking presence in the United States.
UBA serves more than 35 million clients worldwide with its corporate, commercial, small, and medium-sized enterprise (SME), and consumer banking services. He is also the chairman of Transcorp, the largest publicly traded conglomerate in Nigeria. Among the company’s subsidiaries are Transcorp Power, which is one of the most important generators of electricity in the country, and Transcorp Hotels Plc, which is the most well-known hotel chain in the country. He is the Founder and Chairman of Heirs Oil & Gas, which is an upstream oil and gas company. The company’s assets include Nigerian oil block OML17, which has a current production capacity of 50,000 barrels of oil equivalent per day and 2P reserves of 1.2 billion barrels of oil equivalent. In addition, there are an additional 1 billion barrels of oil equivalent resources of further exploration potential.
Heirs Oil & Gas has made it a priority to develop the continent of Africa in such a way that it maximizes the value of its natural resources. Tony Elumelu, an entrepreneur and investor from Nigeria, has a majority stake in Transcorp, a Nigerian conglomerate that has interests in hotels, agriculture, oil production, and power generation. Transcorp is a publicly listed company. 1997 was the year that brought him to the forefront of public attention when he led a small group of investors in the successful takeover of a struggling small commercial bank in Lagos. After a short period of time, he had it operating at a profit, and in 2005, he brought it together with the United Bank for Africa.
This banking organization today includes subsidiaries in twenty different nations throughout Africa, as well as in the United States and the United Kingdom. In addition to other assets, Elumelu is the owner of a substantial amount of real estate throughout the country of Nigeria as well as minority ownership in the mobile communication company MTN Nigeria. Elumelu started his professional life as a salesman in 1985 at the same time that he was working as a member of the Youth Corp of the National Youth Service Corps at the Nigerian Union Bank. Elumelu relocated his banking operations to Allstates Trust Bank in 2005, which was shortly after that institution’s acquisition of the United Bank for Africa (UBA).
He made this statement when he was a young salesperson: “I was hungry, youthful, and hardworking, but the reality was that I was simply one of the hundreds of young Nigerian graduates who were all eager to succeed.” In 1997, Elumelu participated in an endeavor to preserve a failing bank known as Crystal Business by joining a group of investors in a takeover bid for the bank (later renamed Standard Trust Bank). A few years later, he was able to turn things around and manage one of the most significant bank mergers in Sub-Saharan Africa by acquiring United Bank for Africa. This was accomplished (UBA).
In 2005, Standard Trust Bank combined with United Bank for Africa (UBA), so forming a pan-African banking enterprise with operations in twenty different African states in addition to France, the United States of America, and the United Kingdom. Up until 2010, Elumelu was the Group Managing Director of the corporation. He resigned from that position in 2010. Elumelu is now serving as both the president of the United Bank for Africa and as the head of its board of directors. Elumelu’s family owns the financial holding company known as Heirs Holdings, and the Tony Elumelu Foundation is the name of Elumelu’s charitable organization.
In 2010, he launched what is now known as Heirs Holdings, a privately held investment holding firm that is controlled by his family. Elumelu also established the Tony Elumelu Foundation in the same year, with the intention of encouraging and supporting entrepreneurial endeavours throughout Africa. Heirs Stakes has holdings in a wide variety of businesses, including healthcare, hotel, and insurance, in addition to a diversified portfolio of assets. These holdings include banking, financial services, real estate, natural resources, oil and gas, and a variety of other sectors. Elumelu’s Heirs Holdings is the owner of the international firm known as Transnational Corporation. This company has corporate interests in the areas of power, hospitality, and energy.
The oil mining license known as Oil Mining Lease 17 was purchased by Heirs Holdings for more than one billion dollars from companies such as Shell, Total, and ENI. Heirs Holdings owns 45% of the license. After resigning from United Bank for Africa in 2010, Tony Elumelu established the Tony Elumelu Foundation to continue his philanthropic work. The foundation provides African entrepreneurs with the support and encouragement they need to take their ideas to the next level.
Tony Elumelu is credited with introducing the Africapitalism economic philosophy, which serves as the basis for the Tony Elumelu Foundation’s belief that the role of the private sector is essential for Africa’s development; “that the African private sector has the power to transform the continent through long-term investments, creating both economic prosperity and social wealth.” The Tony Elumelu Foundation Entrepreneurship Programme was established in 2015 as a Pan-African entrepreneurial program with a promise of $100 million from Elumelu to train, invest in, and mentor 10,000 new African entrepreneurs over the course of the next decade.
Elumelu has garnered praise and admiration from members of the business and entrepreneurial communities for his efforts and accomplishments. And some of them are as follows: In 2003, the Federal Government of Nigeria bestowed Elumelu the national title of Member of the Order of the Federal Republic in recognition of his significant contributions to the country (MFR), When Tony was just starting out in his career, he was instrumental in turning Standard Trust Bank into a major player in Nigeria. After the bank amalgamated with UBA, he was appointed chairman and served in that capacity until he retired. Tony Elumelu established Heirs Holding in the year 2010 after he had previously retired from UBA.
Heirs Holding is an investment firm that is owned by a family and is dedicated to bettering people’s lives. The businesses of the electricity, financial services, oil and gas, hotel, real estate, and healthcare sectors are all represented in Heirs Holding’s diversified portfolio. Twenty-three nations throughout the globe are represented by the company’s operations. Tony Elumelu is also the founder of The Tony Elumelu Foundation (TEF), which is a prominent philanthropic effort in Africa that supports and promotes entrepreneurship and entrepreneurs all across the continent.
Elumelu is a member of the Private Capital Group for Africa (PCGA) Partners Forum and acts as an adviser for the organization. He was a primary impetus behind the establishment of the National Competitiveness Council of Nigeria (NCCN) and now holds the position of vice chairman of the organization. Tony is also a member of the Agricultural Transformation Implementation Council and reports to the President of Nigeria (ATIC). Co-Chairing the Aspen Institute’s Dialogue Series on Global Food Security is one of his many responsibilities at the institute. From May 11 to May 13, 2016, he participated as one of the co-chairs of the 26th World Economic Forum on Africa which was held in Kigali, Rwanda. Tony is a member of a number of boards and has led a large number of projects for the advancement of African nations.
Forbes reports that in addition to other assets, Tony Elumelu is the owner of a significant amount of real estate in Nigeria as well as a minority share in MTN Nigeria. Africapitalism is the notion that the private sector is a fundamental facilitator of economic and social wealth development in Africa. Tony Elumelu is a proponent of this ideology, which may be defined as “Africapitalism.” The concept of “Africapitalism” frames the continent’s private sector and, more crucially, it’s business owners, as the driving force behind the continent’s social and economic progress. Tony Elumelu got his start in the financial industry as a member of the Youth Corp at Union Bank.
He was and still is a banker who was able to turn a failing bank around and get it back on track so that it could make money. Forbes states that in 1997, he was successful in persuading a small group of investors to purchase a medium-sized commercial bank that was on the point of going bankrupt. Tony Elumelu was appointed chief executive officer of the newly acquired bank, which was then rebranded as Standard Trust Bank after the acquisition. After a few years of hard work, he was able to bring the bank back into the black, and not long after that, it was merged with UBA, which was the third-largest bank in Nigeria at the time.
Tony Elumelu was given the position of chief executive officer of the newly combined UBA bank, and he was successful in expanding the Nigerian bank into a Pan-African Bank with locations in over 20 African nations during his tenure as CEO. According to Forbes, when he left his position as CEO of UBA, the bank had a market capitalization of $2 billion, $12 billion in assets, and over 10,000 employees. In 2010, Tony Elumelu established a family investment sector that would eventually become associated with Heirs oil & gas. This sector was first referred to as the Heir’s holding.
He began forming partnerships with businesses in a variety of different industries, including the investment industry, the oil and gas industry, the power industry, and the hotel industry. His fortune is a direct result of his relationship with each of these different industries. As can be seen from the facts presented above, Tony Elumelu first established his financial footing in the banking industry before venturing out into other industries as an investor. Tony Elumelylu has received several accolades over his career. In 2003, he was presented with the MFR award; in 2012, he was presented with the CON award; in 2016, he was presented with the Daily Times Nigerian Man Award; and in 2018 and 2019, he was presented with the All-Africa Business Leader Award.
In the year 2019, he was granted the Bayero University Kano honorary award as well as the national productivity merit award. The following year, in the year 2020, he was granted the Times magazine award for most important Person. Elumelu began his business career by acquiring Standard Trust Bank and transforming it into one of the top five players in Nigeria. In 2005, he managed the acquisition of United Bank for Africa, which was the biggest merger in the banking industry in Sub-Saharan Africa at the time. As a result, his corporate image as a business leader in Africa was solidified (UBA). Within the span of five years, he was able to change it from a bank operating in a single country into a pan-African institution serving over seven million people in nineteen different African nations.
After Elumelu’s departure from UBA in 2010, he established Heirs Holdings, a company that makes investments in the fields of agriculture, healthcare, real estate, hospitality, and financial services. The same year, he launched the Tony Elumelu Foundation, which is a charitable organization rooted in Africa and supported by Africans. Its mission is to promote excellence in business leadership and entrepreneurship and to enhance the competitiveness of the private sector across Africa.
In 2011, Heirs Holdings bought a majority interest in the publicly traded conglomerate Transnational Corporation of Nigeria Plc (Transcorp), which has commercial interests in the agricultural, energy, and hotel sectors. Heirs Holdings also purchased a minority stake in the company in 2011. After that, Elumelu was elevated to the position of chairman of the board of the company.
Elumelu is a member of the Private Capital Group for Africa (PCGA) Partners Forum and acts as an adviser for the organization. He is a member of the Agricultural Transformation Implementation Council that reports to the President of Nigeria (ATIC). In addition to this, he serves as the Co-Chair of the Aspen Institute Dialogue Series on Global Food Security and is the Vice-Chairman of the National Competitiveness Council of Nigeria (NCCN), whose establishment he was a major driver in. He was also a significant driver in the development of the NCCN.
In addition, at the invitation of the Federal Government and the Presidential Jobs Board, he chairs the Ministerial Committee that is tasked with establishing hospitals and diagnostic centers across Nigeria that are of a world-class standard. The goal of the Presidential Jobs Board is to generate 3 million jobs in a single year. In addition to this, he is a member of the Global Advisory Board of the United Nations Sustainable Energy for All Initiative (SE4ALL) and the Private Capital Group for Africa Partners Forum of the United States Agency for International Development (USAID).
Tony Elumelu Phone Number, Email Address, Contact No Information, and More Details
Tony Elumelu Addresses:
Tony Elumelu, Jos, Nigeria
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Tony Elumelu Contact Phone Number and Contact Details info
- Tony Elumelu Phone Number: Private
- Tony Elumelu Mobile Contact Number: NA
- WhatsApp Number of Tony Elumelu: NA
- Personal Phone Number: Same as Above
- Tony Elumelu Email ID: NA
Social Media Accounts of Content Creator Tony Elumelu ’
- TikTok Account: NA
- Facebook Account (Facebook Profile): https://www.facebook.com/tonyelumelu/
- Twitter Account: https://twitter.com/TonyOElumelu
- Instagram Account: https://www.instagram.com/tonyoelumelu/
- YouTube Channel: https://www.youtube.com/c/tonyoelumelu
- Tumblr Details: NA
- Official Website: NA
- Snapchat Profile: NA
Personal Facts and Figures
- Birthday/Birth Date: 22 March 1963
- Place of Birth: Jos, Nigeria
- Wife/GirlFriend: Awele Vivian Elumelu (m. 1993)
- Children: Ogor Elumelu, Oge Elumelu, Ugo Elumelu, Nneka Elumelu, Onyinye Elumelu
- Age: 59 Years old
- Official TikTok: NA
- Occupation: Nigerian economist
- Height: NA
- Salary of Tony Elumelu: NA
- Net worth: $700 million
- Education: Yes
- Total TikTok Fans/Followers: NA
- Facebook Fans: 548k
- Twitter Followers: 1.2 million
- Total Instagram Followers: 961k
- Total YouTube Followers: NA
Tony Elumelu Address, Phone Number, Email ID, Website
|House address (residence address)||Jos, Nigeria|
Some Important Facts About Tony Elumelu:-
- He was awarded the ‘Daily Times, Nigerian man of the year in 2016. The Business Council for International Understanding Global Entrepreneurship award in 2017.
- Bayero University Kano (BUK) – Honorary Doctor of Business degree in 2019 He was honored with the National Productivity Order of Merit Award in 2019. TIME magazine‘s 100 Most Influential People of 2020
- He came into limelight in 1997 after leading a group of small investors in taking over a floundering commercial bank in Lagos. Within a few years, Tony Elumelu turned the bank profitable and merged it with United bank for Africa in 2005. UBA now has subsidiaries in 20 African countries and in the U.S and U.K.