Tony Elumelu named in ‘Time 100’ list of the 100 most influential people in the world 2020
|TIME magazine has named Tony O. Elumelu, one of Africa’s leading investors and philanthropists, in the 2020 TIME100 an annual list of the 100 most influential people in the world.
The list, which is in its 17th years has recognized the activism, innovation, and achievement of the world’s most influential individuals all over the world.
Tony Elumelu is the Founder and Chairman of Heirs Holdings which is his family owned investment company and is committed to improving lives and transforming Africa, through long-term investments in strategic sectors of the African economy, including financial services, hospitality, power, energy and healthcare.
Mr Elumelu is the most prominent champion of entrepreneurship in Africa. In 2010, he created The Tony Elumelu Foundation (TEF), the pan-African philanthropy empowering a new generation of African entrepreneurs, catalysing economic growth, driving poverty eradication and ensuring job creation across all 54 African countries. Since inception, the Foundation has funded just under 10,000 entrepreneurs and created a digital ecosystem of support for over one million Africans as part of its ten year, US$100m commitment through its flagship Entrepreneurship Programme.