6. Tony Elumelu
Net Worth: $1 Billion (Forbes), $1.6 Billion (Ventures Africa)
Tony Elumelu was born in 1964. He is the Chief executive and also the Group managing director of United Bank of Africa (UBA).
As one of the most outstanding entrepreneurs in Africa, he also sits in many boards. He is a director at Standard Global Services Ltd, and ADIC.
Mr. Elumelu is also the chairman of Standard Alliance Insurance, Verticom Wireless, STB capital markets, as well as Flame Petroleum and Gas Limited.
He is among the top richest men in Nigeria, thanks to a variety of investments, including a controlling interest in Transcorp, Nigeria’s largest publicly traded conglomerate; a significant stake in the United Bank for Africa; and an extensive portfolio of real estate across Nigeria, among other assets.
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