Tony Elumelu says luck, not just hard work, made him rich – sparks debate

Tony Elumelu, chairman of Heirs Holdings and founder of the Tony Elumelu Foundation, told YouTuber Korty EO that his wealth came from luck, not solely from hard work or talent. He said, "I am here because of luck. At times, you don’t get successful because you are the best in class or because you are the fittest or most energetic. Sometimes, you need luck and I am a product of luck," while acknowledging that focus and a strong work ethic also played major roles in his achievements over the years.

His comment has stirred reactions because it challenges the common belief that success is purely the result of effort and intelligence. For many Nigerians navigating tough economic conditions, the idea that luck plays a significant role can feel both validating and frustrating—it acknowledges external factors beyond personal control while still urging determination in the face of obstacles.

While Elumelu encourages aspiring entrepreneurs to stay focused and persistent despite challenges, his remarks invite reflection on how much of success is attributable to circumstance versus effort. Should you weigh luck more heavily when planning your own ventures, or double down on hard work knowing that opportunity sometimes favors the prepared? The interview does not prescribe a specific action, but it highlights the importance of balancing perseverance with an awareness of the unpredictable elements that shape outcomes.

SOURCE: https://dailypost.ng/2026/06/22/i-became-rich-by-luck-harwork-tony-elumelu/