S5E11: Tony Elumelu on "Democratizing Luck"

Stanford GSB: View From The Top

"Entrepreneurship is in my DNA. In my own life journey, I've come to appreciate the significance of entrepreneurship in transforming communities, in transforming countries, societies, and humanity." Tony Elumelu, a Nigerian businessman, billionaire, philanthropist, and champion of African entrepreneurs, is a steadfast believer that the private sector has a role to play in developing countries across Africa.

After a career running United Bank of Africa, Elumelu says he has decided “to commit the second phase of my life to helping democratize the luck that I had growing up, to help expand access to opportunities.” And he has done just that, funding thousands of early-stage startups and empowering more than 15,000 entrepreneurs across 54 African countries to solve the continent’s biggest problems.

In this View From The Top interview on Stanford campus, Chisom Obi-Okoye, MBA '22, interviews Elumelu about his career path, philosophy of African capitalism, and vision for the future of the continent.

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