Billionaire Industrialist, Oskar Ibru Joins His Ancestors At 67

The Nigerian business community is shrouded in grief following the passing of Olorogun Oskar Ibru, the revered billionaire industrialist and Chairman of the Ibru Organisation, on September 24, 2025. Aged 67, Ibru succumbed, leaving behind a towering legacy in commerce and philanthropy that touched countless lives. His death, announced by family sources, has sent ripples of sorrow across the nation, particularly in the Niger Delta, where his contributions to economic development were profound. The cause of his passing remains undisclosed, deepening the somber mood among those who admired his quiet strength and vision.

Born on August 11, 1958, in Lagos, Oskar was the eldest son of the late Olorogun Michael Ibru, founder of the Ibru Organisation, a conglomerate with interests in shipping, oil, agriculture, and more. Educated at Igbobi College, Millfield School in the UK, and Skidmore College in the US, Oskar’s sharp intellect and humility defined his leadership. As Group Executive Director and later Chairman, he steered the family empire to new heights, employing thousands and fostering growth in Nigeria’s industrial landscape. His chieftaincy titles, including Ochuko Ro’vie of Agbarha-Otor and Otunba Boyejo of Ijebu-land, reflected his deep cultural roots and respect among his people.

Oskar’s philanthropy and commitment to the Niger Delta earned him accolades such as the Niger Delta Role Model Award (2003) and Maritime Personality of the Year (2006). Beyond business, he was a sportsman in his youth, excelling in football and cricket, and a devoted family man, survived by his wife, Wanda, and their three children. Tributes from business leaders, traditional rulers, and ordinary Nigerians alike paint a picture of a man whose generosity and vision transcended wealth. “Oskar was a beacon of hope and progress,” said a colleague, mourning the loss of a mentor whose impact will endure.

The nation now mourns a colossus whose life was a testament to service and resilience. As the Urhobo nation and Delta State bid farewell to their illustrious son, calls for memorial honors have begun, with many urging that his contributions to Nigeria’s economy be immortalized. Funeral arrangements are yet to be announced, but the void left by Oskar Ibru’s departure is already keenly felt. His journey may have ended, but his legacy as a titan of industry and a compassionate leader will continue to inspire generations.