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Nigerian Billionaire, Captain Hosa Wells Okunbo, 63, Dies In London

Hosa Wells
Captain (Dr) Idahosa Wells Okubo, JP

August 08, (THEWILL) – Stupendously wealthy businessman, Hosa Wells Okunbo, fondly known as Captain Hosa, is dead.

The Olu Of Warri’s Father-in-Law died on Sunday morning in a London hospital after a long battle with cancer, multiple sources close to him told THEWILL.

He was aged 63.

Hosa, whose health had remarkably improved following treatments in London and German hospitals, was planning to return to Nigeria next week to attend the coronation of the new Olu of Warri, Tsola Emiko, who is married to his daughter, Ivie.

“He had his new Lagos home decorated and even bought a new Rolls Royce for the new king,” one of the sources said.

THEWILL gathered that Hosa’s health took a bad turn a few days ago.

He had close family members with him in London when he died, our sources said.

From Edo State, Captain Hosa was a commercial pilot before venturing into the business world.

He was the Chairman of Ocean Marine Solutions Limited, an offshore assets protection company.

He also served as Chairman and Director on numerous boards of blue chip companies in Nigeria, spanning multiple business sectors such as the agro-allied, petroleum, telecommunications, power, real estate and banking industries.

He is survived by 11 children.