Tony Elumelu is a Nigerian economist, entrepreneur, and philanthropist. He is the founder of Heirs Holdings, chairman of Transcorp, and founder of the Tony Elumelu Foundation, a non-profit organization supporting African entrepreneurs.
Widely respected for his business acumen and impact across Africa, Elumelu is considered one of the continent’s most influential business leaders.
At a recent high-profile event attended by top dignitaries, including the Governor of Lagos State, Tony Elumelu left the audience stunned as he publicly donated ₦25 billion to support a major initiative.
The donation sparked massive reactions both online and on the ground. Even the event’s MC couldn’t hide his amazement, jokingly saying: “When I grow up, I want to be like Tony Elumelu.”
Watch the video below;
Money dey where ee dey abeg! Tony Elumelu donates ₦25 billion for a lunch at this event! 25 billion ooo 😭 pic.twitter.com/cnaRIA0Jpl
— TENIOLA (@Teeniiola) July 24, 2025