Tony Elumelu: Ranking His Most Expensive Vehicles
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African CEOs - June 14, 2023

Tony Elumelu: Ranking His Most Expensive Vehicles

When it comes to displaying exceptional wealth, Tony Elumelu is known to make bold statements with his collection of luxurious vehicles.

Renowned for his entrepreneurial prowess and extensive business empire, Elumelu’s refined taste in automobiles stands out. From sleek sedans to roaring supercars, Elumelu’s garage is a treasure trove of automotive opulence. 

While precise details on his most expensive vehicles may be elusive, let us explore some of the stunning machines that are in the esteemed collection of Tony Elumelu.

Dassault Falcon 7x ($57.3 million)

Elumelu acquired a brand new Dassault Falcon 7x private jet in 2015. Known as the first business jet in the world equipped with a digital flight control system, Elumelu’s Falcon 7X cost approximately $57.3 million in 2023.

The Group Chairman of the United Bank of Africa, UBA, avoid the hassle of flight delays and arrives at his destination on time with his Falcon. Manufactured by Dassault Aviation, Falcon FX is one of the most expensive jets in the country. 

Privacy, leisure travel, safety, and flexibility are some of the benefits Elumelu enjoy through his private jet. Elumelu’s jet is powered by Pratt & Whitney Canada PW307A turbofans and can accommodate 3 crew members and 19 passengers.

Range Rover Vogue ($174,900)

The 12-year-old Range Rover Vogue in Elumelu’s trove is one of the businessman’s favourite cars. Estimated to cost $174,900 in 2023, the vehicle is one of the most luxurious SUVs in the British Manufacturer’s lineup. Common to millionaires and billionaires, the Range Rover Vogue has a high roof with lots of headroom suitable for tall people.

The vehicle was built with extreme care and precision that ensures it can stand up to harsh weather conditions. This is one of the reasons why Elumelu has refused to upgrade the car. According to him, there is no reason to change the car, seeing it still works fine.

Mercedes Benz S-class  ($114,500)

The Mercedes-Benz S-Class has set the standards for full-size luxury sedans for decades with an unrivalled approach to safety, comfort, and performance. Identified as one of the luxury vehicles in Elumelu’s garage, the Benz S-Class rear seat features an increased entertainment system, premium sound systems, more legroom, a cold box, and massage functions among others. 

Elumelu was seen with the S Class in front of the Dorchester Hotel, a five-star luxury hotel in London. It is estimated to cost around $114,500 in 2023.

Toyota Hilux(N24 Million) 

Elumelu also reportedly owns a Toyota Hilux. With an estimated current cost of N24 million, Toyota Hilux is used as a security vehicle to convey the VIP’s security aids. 

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