Tony Elumelu Biography, Wikipedia, Age, Net worth, Family, Wife, Awards

Tony Elumelu 2020 croppedTony Elumelu Biography, Wikipedia, Age, Net Worth, Family, Wife, Awards

Tony Elumelu (CFR)

Born

Anthony Onyemaechi Elumelu

March 22, 1963 (60 years old)

Jos, Northern Region, Nigeria (now Plateau State, Nigeria)

Nationality Nigerian
old school Ambrose Alli University, University of Lagos
job Founder, Tony Elumelu . Foundation
year of operation 1987–present
Known for Established Tony Elumelu Foundation
Couple

Awele Elumelu

(m. 1993)​

Children 7

Biography, Age of Tony Elumelu

Anthony Onyemaechi Elumelu, better known as Tony Elumelu, is a Nigerian businessman, economist, philanthropist and founder of the Tony Elumelu Foundation. He was born on March 22, 1963 to a Christian family in Jos, Plateau State, Nigeria, to Dominic and Suzanne Elumelu.

Tony Elumelu’s family

In 1993, Tony Elumelu married Mrs. Awele Vivien Elumelu, a medical professional. Seven children, five girls and two twin boys, were the last to be born into the family, the result of their union.

Tony Elumelu Net Worth

Tony Elumelu’s current net worth is said to be over $1.4 billion; His success is the result of years of hard work and risk taking, as well as serial investments and more.

Achievements of Tony Elumelu

As a member of the Union Bank Youth Corps, Tony Elumelu began his banking career. He was and is a banker who was able to revive a failing institution and bring it back to prosperity. He persuaded a small group of investors to buy up a mid-sized commercial bank that was about to fail in 1997.

Tony Elumelu was appointed CEO of the bank and the name of the newly acquired bank was changed to Standard Trust Bank. He brought the bank back to profitability for a short time, and then the bank merged with UBA, the third largest bank in Nigeria at the time. Tony Elumelu has been selected to lead the newly incorporated UBA bank and under his leadership the Nigerian bank has been transformed into a Pan-African Bank with locations in over 20 different African countries. When he left his position as CEO of UBA, the bank had a market capitalization of $2 billion, assets of $12 billion and over 10,000 employees.

Tony Elumelu’s career

Nigerian billionaire Tony O. Elumelu founded the Tony Elumelu Foundation (TEF) in 2010 as a continuation of his unwavering belief in young people as the engine of Africa’s transformation. Through job creation, poverty alleviation and women’s economic empowerment, the Tony Elumelu Foundation, a leading philanthropist promoting a new generation of African entrepreneurs, has become synonymous with development. Africa’s sustainability. The Foundation’s goals are based on AFRI capitalism, which sees the private sector—and entrepreneurs in particular—as the driving force behind the economic and social progress of the African continent.

Founded in 2015, the Foundation has trained over 1.5 million young Africans on www.tefconnect.com, Africa’s largest digital startup ecosystem, and distributed nearly $100 million in funding directly to more than 18,000 African women and men, who together create over 400,000 direct and indirect jobs.

Elumelu, a member of the Nigeria Leadership Initiative (NLI), partnered with the Tony Blair Africa Governance Initiative (AGI) through his fund to advance the role of the private sector in reform economy of several African countries. The Blair-Elumelu Fellowship Program is the official name of this partnership. He is one of the co-chairs of the group (AELG).

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