• Latest
  • Trending
How Tony Elumelu Makes And Spends His $700 Million Dollars

How Tony Elumelu Makes And Spends His $700 Million Dollars

January 1, 2023
Russia Defending Itself To Achieve Peace, Lavrov

Russia Defending Itself To Achieve Peace, Lavrov

February 2, 2023
Ukraine Feared Belarus Intervention Following Minsk Declaration

Ukraine Feared Belarus Intervention Following Minsk Declaration

February 2, 2023
Crown Prince Salman Discussed Bilateral Relations With The French Foreign Minister

Saudi Arabia: Crown Prince Salman Discussed Bilateral Relations With The French Foreign Minister.

February 2, 2023
ADVERTISEMENT
Australia To Do Away With British Monarchy On Currency

Australia To Do Away With British Monarchy On Currency

February 2, 2023
Philippines Strengthen Military Relations With The US

Philippines Strengthen Military Relations With The US

February 2, 2023
DONATE
  • TalkOn
  • Vetted
  • Advertise
Forsige
No Result
View All Result
  • Login
  • AfricaNEWS
  • AmericaNEWS
  • AsiaNEWS
  • EuropeNEWS
Forsige
  • AfricaNEWS
  • AmericaNEWS
  • AsiaNEWS
  • EuropeNEWS
No Result
View All Result
Forsige
No Result
View All Result

How Tony Elumelu Makes And Spends His $700 Million Dollars

Tony Elemelu is a Nigerian businessman and philanthropist with a net worth of $700 million. He is the founder and chairman of Heirs Holdings, a pan-African conglomerate, and the Tony Elemelu Foundation, which supports entrepreneurship and empowerment initiatives in Africa. Elemelu generates income from his business ventures and board positions, and also donates to philanthropic causes.

Nasiru Eneji Abdulrasheed by Nasiru Eneji Abdulrasheed
in Billionaire
A A
How Tony Elumelu Makes And Spends His $700 Million Dollars

Getty Image

0
SHARES
115
VIEWS
Share on FacebookShare on Twitter

Tony Elemelu is a Nigerian businessman and philanthropist known for his successful ventures in various industries including banking, real estate, and telecommunications.

He is the founder and chairman of Heirs Holdings, a pan-African conglomerate with interests in energy, real estate, healthcare, and financial services. Element is also the founder of the Tony Elemelu Foundation, a non-profit organization that supports entrepreneurship and empowerment initiatives in Africa.

Elemelu’s journey to success began with his education. He received a bachelor’s degree in economics from the University of Lagos and later earned an MBA from Harvard Business School.

After completing his studies, Elemelu began his career as a banker and quickly rose through the ranks to become the Managing Director of the United Bank for Africa (UBA).

Elemelu’s success in the banking industry laid the foundation for his later ventures. In 2010, he founded Heirs Holdings, which has since become one of the most successful and respected conglomerates in Africa.

The company has a diverse portfolio of investments and has made significant contributions to the development of various sectors on the continent.

RelatedPosts

How Larry Page Makes And Spends His $111 Billion Dollars

How Larry Page Makes And Spends His $111 Billion Dollars

December 29, 2022
How Warren Buffet Makes And Spends His $118 Billion Dollars

How Warren Buffet Makes And Spends His $118 Billion Dollars

December 29, 2022

Elemelu’s wealth has also allowed him to pursue his philanthropic interests. In 2010, he founded the Tony Elemelu Foundation, which has supported the development of entrepreneurship and empowerment initiatives in Africa.

The foundation provides training, mentorship, and funding to aspiring entrepreneurs, with a focus on helping young people start and grow their own businesses.

In addition to his business and philanthropic pursuits, Elemelu is also known for his involvement in politics and public service. He has served on various boards and committees in Nigeria, including the Presidential Advisory Council on Investment and the National Council on Privatization.

So, how does Tony Elemelu make and spend his money?

Elemelu’s wealth is primarily derived from his successful business ventures, including Heirs Holdings and its portfolio of investments. He also generates income from his involvement in various board positions and advisory roles.

Elemelu is known for his philanthropic efforts and has donated significant amounts of money to various causes, including education, healthcare, and entrepreneurship.

Through the Tony Elemelu Foundation, he has supported the development of entrepreneurship and empowerment initiatives in Africa, providing training, mentorship, and funding to aspiring entrepreneurs.

In addition to his philanthropic pursuits, Elemelu also spends his money on luxury goods and experiences.

He is known to enjoy travelling and has been spotted vacationing in various locations around the world. Elemelu is also a collector of luxury cars and has been seen driving a range of high-end vehicles.

Overall, Tony Elemelu is a successful businessman and philanthropist who has made a significant impact in various industries and sectors in Africa.

Through his hard work and determination, he has built a successful career and a significant personal fortune. He has also used his wealth to support various causes and initiatives that aim to empower and uplift communities on the continent.

ShareTweetSendShareSend

Trust Forsige for the stories that matter: Subscribe to get real time updates.

Unsubscribe
Nasiru Eneji Abdulrasheed

Nasiru Eneji Abdulrasheed

I'm a senior member at Forsige covering topics on diplomacy, politics, technology, and foreign policy relating to Africa, the United States, and the World.

Related Posts

How Larry Page Makes And Spends His $111 Billion Dollars
Billionaire

How Larry Page Makes And Spends His $111 Billion Dollars

by Nasiru Eneji Abdulrasheed
December 29, 2022
How Warren Buffet Makes And Spends His $118 Billion Dollars
Billionaire

How Warren Buffet Makes And Spends His $118 Billion Dollars

by Nasiru Eneji Abdulrasheed
December 29, 2022
How Bill Gates Makes And Spends His $129 Billion Dollars
Billionaire

How Bill Gates Makes And Spends His $129 Billion Dollars

by Nasiru Eneji Abdulrasheed
December 29, 2022
How Bernard Arnault Makes And Spends His $158 Billion Dollars
Billionaire

How Bernard Arnault Makes And Spends His $158 Billion Dollars

by Nasiru Eneji Abdulrasheed
December 29, 2022
How Jeff Bezos Makes And Spends His $171 Billion Dollars
Billionaire

How Jeff Bezos Makes And Spends His $171 Billion Dollars

by Nasiru Eneji Abdulrasheed
December 25, 2022
Load More
Next Post
7 Steps to Building a Successful Online Business in 2023

7 Steps to Building a Successful Online Business in 2023

How Forbes.com Built a Successful Media Brand

How Forbes.com Built a Successful Media Brand: Insights and Strategies

Top 10 Digital Skills to Learn in 2023

Top 10 Digital Skills to Learn in 2023

ADVERTISEMENT

Popular Articles

  • How Larry Page Makes And Spends His $111 Billion Dollars

    How Larry Page Makes And Spends His $111 Billion Dollars

    0 shares
    Share 0 Tweet 0
  • Elon Musk Testifies in Court says ‘No Ill Motive’ Behind Tweet about Privatizing Tesla

    0 shares
    Share 0 Tweet 0
  • Elon Musk Hints At Buying Substack To Challenge Mainstream Media

    0 shares
    Share 0 Tweet 0
  • How Bill Gates Makes And Spends His $129 Billion Dollars

    0 shares
    Share 0 Tweet 0
  • Google employee resigns saying the company silences Palestinians after making a $1 billion deal with Israel army

    0 shares
    Share 0 Tweet 0
  • How Elon Musk Makes And Spends His $300 Billion Dollars

    0 shares
    Share 0 Tweet 0
  • How Tony Elumelu Makes And Spends His $700 Million Dollars

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT

Connect With Us

ADVERTISEMENT

Talk On

Help Develop Forsige

Vetted

Shop on Forsige

Creator Program

Write & Earn

Advertise

Advertise on Forsige

Forsige Council

Become a Member

Company Info

Write for Us

Advertise

About

Contact

Privacy

Terms & Condition

FAQ

Products

Forsige Africa

Forsige Asia

Forsige Europe

Forsige America

Forsige Vetted

TalkOn Forsige

Forsige Council

Categories

Climate Change

Market

Science

Health

Investment

Sport

Travel

Entertainment

Forsige

Profiles

Influencers

Billionaires

Quotes

Money

Leadership

Innovation

Entrepreneurship

© 2022 – Forsige Media - All Right Reserved. Designed and Developed by Qlute

No Result
View All Result
  • BREAKING
    • Africa
    • America
    • Asia
    • Europe
  • Billionaire
  • Business
  • Climate Change
  • Diplomacy
  • Economy
  • Entertainment
  • Entrepreneurship
  • Health
  • Influencers
  • Innovation
  • Investmnet
  • Leadership
  • Market
  • Money
  • Politics
  • Science
  • Sport
  • Technology
  • Travel

@2022 - Forsige Media - All Right Reserved. Designed and Developed by Qlute Studio

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Manage Cookie Consent
All Forsige Media websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings below.

 

 

 
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}