Tony Elumelu Biography; CEO, Nigerian Economist and Philanthropist

Tony Elumelu is a well known career man, Nigerian economist and philanthropist, he is known to be great in the aspect of finance and entrepreneurship. He is well celebrated. Tony Elumelu is presently 61 year old as he was born in 1963 in Jos, Plateau State, Nigeria,

Personal Life

Anthony Onyemaechi Elumelu, also known as Tony O. Elumelu CFR, was born on March 22, 1963. He hails from Onicha-Ukwu in Aniocha North Local Government Area of Delta State, Nigeria. Elumelu’s early life laid the foundation for his future successes, instilling in him the values of hard work, determination, and resilience.

Tony Elumelu Net Worth

One of the most frequently asked questions about Tony Elumelu is his net worth. As of 2024, his current net worth stands at a staggering $850 billion, making him one of the wealthiest individuals in Africa. This immense wealth is a testament to his astute business acumen and strategic investments in various sectors.

Tony Elumelu Family

Awele Vivien Elumelu is known as the beauty wife of Tony Elumelu, who have been blessed with seven children. While their names and personal lives are kept relatively private.

Tamara-Marie Oge Elumelu, the eldest daughter and first child of Tony Elumelu, is making her mark in the field of economics. Oge’s passion for finance and economics is evident as she continues to shatter stereotypes and demonstrate that success knows no gender boundaries.

Tony Elumelu hails from an Igbo family in Anioma, Aniocha North LGA of Delta State, Nigeria. His strong connection to the Igbo tribe has shaped his values and cultural identity, which is evident in his commitment to philanthropy and efforts to empower his community and beyond.

Education and Career Academic Background

Elumelu completed his undergraduate studies in Economics at Bendel State University, which is now known as Ambrose Alli University. He later earned a Master of Science degree in Economics from the University of Lagos, further enhancing his knowledge in the field.

Professional journey

Elumelu has had a remarkable career, making significant contributions to the banking sector. In 1997, he spearheaded the acquisition of a struggling Crystal Bank, which was later rebranded as Standard Trust Bank, and successfully transformed it into a profitable enterprise. His exceptional leadership resulted in the merger that formed the United Bank for Africa (UBA), a major achievement in Africa’s banking sector.

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