South African billionaire Johann Rupert’s net worth drops below $17 billion
Johann Rupert’s net worth falls $800 million to $16.3 billion amid Richemont’s 6.5% share decline despite strong global jewelry sales.
Johann Rupert
Johann Rupert to receive $20.7 million dividend from Reinet
Johann Rupert will receive a $20.7 million dividend from Reinet Investments after the Luxembourg-based firm reported strong asset growth in its latest fiscal year.
Rupert joins Dangote, Ogunlesi among African billionaires visiting Washington
Johann Rupert, South Africa’s richest man and Richemont chairman, arrived in Washington during tense talks between Trump and President Ramaphosa.
Johann Rupert’s Richemont sees sales reach $24 billion
This was driven by a steady demand for high-end jewelry and solid growth in key markets such as the U.S., Europe, Japan, and the Middle East.
Johann Rupert’s net worth rises by $488 million in 24 hours
The boost further cements his position as Africa’s second-richest person, behind Nigerian industrialist Aliko Dangote.
South Africa’s richest man gains $800 million in less than a month
This boost brings his year-to-date net worth increase to $1.67 billion, making him the only African billionaire whose fortune has grown by over $1.5 billion in 2025.
7 African billionaires pouring millions into the future of sports
Africa’s richest are reshaping sports, from rugby and football to basketball, using wealth to drive youth empowerment, global expansion and local impact.
Reinet, led by Johann Rupert, posts $7.9 billion in net assets
Reinet, led by Johann Rupert, posts $7.89 billion in net assets as it shifts away from tobacco and toward diversified, long-term investment growth.
Johann Rupert’s Richemont finalizes YNAP divestment to Mytheresa
Richemont finalizes $609.7 million YNAP divestment to Mytheresa, marking a major shift in luxury e-commerce and boosting Mytheresa’s global market position.
CIVH, backed by Johann Rupert’s Remgro, valued at $667 million
The decline has sparked debate, with Remgro recently valuing Maziv at $2.8 billion, outpacing even larger rivals like Telkom.
Johann Rupert’s Richemont supports YNAP with $114 million loan
Richemont backs YNAP with a $114 million credit line to bolster digital luxury expansion, following EU approval of Mytheresa’s acquisition of YNAP.
Johann Rupert’s Richemont gains approval to sell YNAP to Mytheresa
The deal, executed through Richemont’s subsidiary Richemont Italia Holding S.P.A., is set to close on Apr. 23, 2025.
Johann Rupert gains $1.3 billion following US tariff pause
His stake in Richemont benefited from a 5% surge in shares following President Trump’s announcement of a three-month tariff pause, excluding China.
Johann Rupert gains $1.1 billion in just 24 hours
South Africa’s richest man, Johann Rupert’s net worth, surged by $1.1 billion in less than 24 hours, reaching $14.3 billion.
Johann Rupert loses $3.2 billion as Trump tariffs ripple through global markets
South Africa's richest man, Johann Rupert, saw his net worth fall from $17 billion on March 4 to $13.8 billion at the time of this report.
South Africa’s richest man Johann Rupert loses $1.1 billion, net worth drops below $16 billion
Since the start of March, Richemont’s shares have dropped more than 11 percent, bringing the value of his stake down from $12.5 billion to $11.5 billion.