(St. John) Arthur L. Irving, the second son of New Brunswick businessman KC Irving, has died at the age of 93 after a life spent growing the oil company founded by his father .
Irving Oil announced his death in a statement, saying he died Monday surrounded by his wife and daughter.
The magazine Forbes ranked Arthur Irving among the ten richest Canadians in 2023, with an estimated net worth of 6.3 billion, which includes a refinery in Saint John, New Brunswick, which is the largest in Canada.
Irving attended Acadia University before joining Irving Oil in 1951, where he worked with his father and two brothers.
He became president of the company in 1972 and was president emeritus at his death.
Donald Savoie, a professor of public administration at the University of Moncton, wrote in a 2020 book about Irving Oil that Arthur Irving’s determination had been essential to the company’s growth and survival.