Billionaire businessman and philanthropist Tony Elumelu has said luck played a major role in his journey to success, stressing that talent and hard work do not always guarantee achievement.

Speaking in an interview with Korty EO, the Heirs Holdings chairman reflected on his career and shared lessons from his experience in business and leadership.

Elumelu said success does not always go to the smartest or strongest person. He noted that timing, opportunity and favourable circumstances can shape outcomes.

The entrepreneur said many people focus on intelligence and effort when discussing success. However, he believes luck also plays an important role.

According to him, people sometimes achieve success because the right opportunities come at the right time.

Reflecting on his own experience, Elumelu described himself as someone who benefited from fortunate circumstances during his career.

“At times you don’t come out successful because you are the best in class or because you’re the fittest or most energetic; sometimes you need luck, and I’m a product of luck.”

His comments highlight the importance of preparation, opportunity and timing. While he acknowledged the value of hard work and determination, he maintained that success often depends on factors beyond personal ability.