Nigerian billionaire industrialist and chairman of the Ibru Organisation, Olorogun Oskar Ibru, has passed away at the age of 67. The Ibru family confirmed his death in a statement, revealing that he succumbed to a brief illness. Further details surrounding the circumstances of his passing have not yet been disclosed.
Oskar Ibru was a towering figure in Nigeria’s corporate world and a key heir to the Ibru dynasty, a family synonymous with business excellence. He played a pivotal role in expanding the family’s conglomerate, which spans shipping, oil and gas, real estate, and commerce, continuing the legacy of his late father, Olorogun Michael Ibru, who passed away in 2016.
Known for his generosity, charisma, and dedication to philanthropy, Oskar Ibru was deeply admired in both business and social circles. Tributes have poured in from across the country, with media mogul Dele Momodu describing him as “an extremely friendly gentleman and a socialite per excellence.”
Funeral arrangements are expected to be announced in the coming days, as the nation mourns the loss of one of its most influential businessmen. May his soul rest in peace.
