Nigerian billionaire industrialist and chairman of the Ibru Organisation, Olorogun Oscar Ibru, has died at the age of 67.
A statement by the family confirmed that the scion of the Ibru dynasty and chairman of the Ibru Organisation died on Wednesday after a brief illness. He was aged 67.
His passing comes less than a decade after the death of the family patriarch, Michael Ibru, in 2016.
Funeral arrangements are expected to be announced soon.
Ibru, born on August 11, 1958 was the first son of the late business mogul, Michael Ibru, founder of the Ibru Organisation, one of Nigeria’s most prominent conglomerates with interests spanning real estate, shipping, agriculture, and hospitality.
Over the years, he played a central role in sustaining and expanding the family business, cementing the Ibru name as a significant force in Nigeria’s private sector.
Beyond business, Ibru was actively involved in philanthropy, supporting initiatives in education, healthcare, and community development. His contributions earned him respect both within corporate Nigeria and among grassroots communities who benefitted from his outreach.
A graduate of the London School of Economics, Ibru carved out a name for himself beyond the family empire. He became widely respected for his business acumen, social lifestyle, and philanthropy, especially in the fields of education, healthcare, and the arts.
He is survived by his wife, children, and extended family.
The Ibru family is expected to release burial details in the coming days.
