S5E11: Tony Elumelu on "Democratizing Luck"

Stanford GSB: View From The Top

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2y ago 48:07

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"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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