Billionaire industrialist and chairman of the IBRU organization, Olorogun Oscar Ibru, died at the age of 67. His family revealed that he died after a brief illness. No further details were provided about his death.
Ibru is the central figure of the Nigerian corporate landscape and is the most outstanding heir to the Ibru dynasty. He played a key role in maintaining and expanding the massive family business established by his late father Olorogun Michael Ibru, whose key interests cover transportation, oil and gas, real estate and commerce.
Oscar Ibru is considered a visionary businessman of his family’s legacy and the custodian of his family’s legacy. Under his leadership, the organization is not only a source of work and wealth creation, but also supports charitable and cultural programs.
His death marks another painful moment for the Ibru family, with funeral arrangements expected to be announced in the coming days following the death of patriarch Michael Ibru in 2016.
