Billionaire
mogul, Tony Elumelu turned 53 today.
The mega entrepreneur
and investor took to the Twitter to announce his wishes: "As I turn 53 today, I congratulate the 2016 class of
Tony Elumelu Entrepreneurs! ".
Widely
acknowledged as one of Africa's most influential business leaders and
philanthropists.
Elumelu owns a
controlling interest in Transcorp, a publicly traded Nigerian conglomerate with
interests in hospitality, agriculture, oil production and power generation.
He came into the
limelight in 1997 when he led a small group of investors to take over a small,
floundering commercial bank in Lagos.
Elumelu turned it
profitable within a few years and in 2005 he merged it with the United Bank for
Africa.
That banking group
now has subsidiaries in 20 African countries and in the U.S and U.K. Elumelu
also owns extensive real estate across Nigeria and a minority stake in mobile
telecom firm MTN Nigeria, among other assets.
An economist by training,
a visionary entrepreneur and a philanthropist, Elumelu is the Chairman of Heirs
Holdings, the United Bank for Africa, Transcorp and founder of The Tony
Elumelu Foundation.
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