Billionaire businessman and chairman of the Ibru Organisation, Olorogun Oscar Ibru has passed away. He died at the age of 67.
His family confirmed that he died after a brief illness but did not disclose further details about the circumstances of his death.
A prominent figure in Nigeria’s corporate world, Ibru was one of the most notable heirs of the Ibru dynasty and played a key role in sustaining and expanding the family’s business empire founded by his late father, Olorogun Michael Ibru. The conglomerate holds major interests in shipping, oil and gas, real estate, and commerce.
Regarded as a visionary entrepreneur and custodian of his family’s legacy, Oscar Ibru ensured the Ibru Organisation remained a major force in job creation, wealth generation, and philanthropic support across Nigeria.
His death is another significant loss for the Ibru family, following the passing of its patriarch, Michael Ibru, in 2016. Funeral arrangements will be announced in the coming days.