Tony Elumelu, the chairman of United Bank of Africa (UBA) Plc, says he is where he is today because of luck.


In a Twitter thread on Monday, the 59-year-old entrepreneur shared his two cents on the essential ingredients one needs to be successful in life.

According to him “luck is important” but that doesn’t make it a “substitute for hard work or labor”.

He also said “hard work and passion” are the two most important “ingredients for luck”.


“I am where I am today because of luck. Let me be clear, luck is important, but it is not a substitute for hard work or labor. Luck is part of the cocktail that you need for success,” he wrote.

“There are two ingredients for luck – hard work and passion. The more work you put into something and the more passion you apply, the ‘luckier’ you find yourself.

“You have to work hard and be more passionate and committed about what you do to, to be successful and make your own luck.


“Hard work and passion are within your power and control, and you should apply them to earn your own luck and to help us foster a better and more prosperous world.”

Elumelu is a billionaire businessman, economist, and philanthropist. He chairs Heirs Holdings, and Transcorp, and is the founder of The Tony Elumelu Foundation.

He was named on Times list of the 100 most influential people in the world in 2020.

The entrepreneur got married to Awele Vivien, a medical doctor, in 1993. They have seven children together.


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