BILLIONAIRE TONY ELUMELU’S WEALTH HITS $2.15BN AS UBA, TRANSCORP, HEIRS ENERGIES GROWTH ACCELERATES

Billionaire Tony Elumelu, (CFR) has a net worth of $2.15bn according to MoneyCentral’s analysis of stakes in various companies controlled by him, which have seen record growth in recent years. MoneyCentral estimated Mr. Elumelu’s net worth as of March 10, 2025, by piecing together his stakes in companies, primarily through his family-owned investment vehicle, Heirs Holdings, and his direct and indirect holdings in publicly traded entities like Transnational Corporation of Nigeria (Transcorp) and United Bank for Africa (UBA). Heirs Holdings investment portfolio spans the power, energy, financial services, hospitality, real…

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