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I became Chairman of UBA, Transcorp without wealthy parents – Tony Elumelu

The Chairman of Heirs Holdings, Tony Elumelu said his remarkable journey towards becoming one of the country’s foremost entrepreneurs was driven by discipline, hard work, and sacrifices, rather than an affluent background.

In a Facebook post on a Sunday, Elumelu shared his life experiences and the core principles that have shaped his trajectory, positioning him as both a respected figure and a fatherly presence in the business realm.

Elumelu conveyed, “I didn’t become the Chairman of UBA Group and Transcorp Group because I had wealthy parents or attended the best schools, or because I was the most intelligent in my state or country. Your circumstances today must not define your future.”

He further expounded on the pivotal role of hard work, discipline, and sacrifice in achieving success.


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Elumelu stressed, “Embrace hard work, discipline, and sacrifice: I realized growing up that the way to get to the top is to go the extra mile. Have the discipline to say no to things that don’t serve you, and sacrifice now for future rewards. If you work hard and are disciplined, you will get what you desire in life.”

Moreover, Elumelu offered advice on maintaining one’s authenticity in the face of external influences. Drawing from his own experiences, he advised against compromising one’s values to fit societal norms.

“Be yourself – There are so many distractions and influences in the world we live in. Over time, people start to doubt their identity and act in a manner that is alien to them. Don’t go against your values because you want to be perceived as ‘sociable’. Anyone who doesn’t accept you the way you are should leave.”

Elumelu also turned his attention to the challenges posed by social media, cautioning young individuals against being swayed by the often deceptive images presented online.

“Be careful about social media –It not everything you see on social media that is real. Do not be drawn in by its influence – it can be misleading at times. That is why discipline is extremely important in your life journey.”

Further, the business magnate stressed the importance of nurturing a strong bond, wherein parents correct, nurture, and educate through various methods, all motivated by love and the collective aim of fostering a better society.

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