South Africa’s richest man Johann Rupert loses $500 million amid investor profit-taking actions
Rupert is one of the top five richest billionaires in Africa with a fortune amounting to over $11.8 billion.
Johann Rupert
South African billionaire Johann Rupert’s Remgro Limited set to list on A2X markets in 2022
Remgro is a diversified investment holding established in the 1940s by the late Dr. Anton Rupert.
UK-based firm set to acquire stake in Johann Rupert-linked logistics company in $77.9-million deal
Rupert’s Grindrod Shipping is a global shipping company dual-listed on NASDAQ and the Johannesburg Stock Exchange.
South African billionaire Johann Rupert gains $400 million in five days
Rupert is the richest man in South Africa with a fortune worth more than $12.1 billion.
Investors could have ‘cashed in big’ by buying shares in South African mogul Johann Rupert’s Richemont
A $10,000 investment in Richemont on Dec. 31 2020 is worth $18,372 today.
Heineken loses over $4 billion in eight days after revealing plans to acquire Johann Rupert’s Distell
Distell is South Africa’s most expansive wine and spirits maker.
Johann Rupert’s Richemont in talks with Prada and Farfetch to launch online retail platform
Richemont recently disclosed that it is in talks to sell off a majority stake in the loss-making online retailer YNAP.
Heineken moves to acquire Johann Rupert-linked spirit maker, Distell Group, in deal worth $2.52 billion
In addition to acquiring Distell, Heineken will acquire Namibia Breweries and Ohlthaver & List.
South African billionaire Johann Rupert’s Richemont advances discussions to offload stake in loss-making YNAP
The development puts to bed rumors of a potential $100-million capital raise to bolster the YNAP’s operations.
Vodacom Group acquires stake in South African billionaire Johann Rupert-linked investment holding
CIVH is a holding majority-owned by South African billionaire Johann Rupert’s Remgro Limited.
Johann Rupert’s Richemont gains 2.4 percent in single day as investors react to hedge fund taking equity position
The U.S. hedge fund Third Point Management owns a 1.2-percent stake in the Swiss company.
South Africa’s richest man Johann Rupert is now worth more than $10 billion
His present net worth makes him the second richest man in Africa behind Nigerian billionaire Aliko Dangote.
Johann Rupert’s luxury goods producer Richemont in talks to offload loss-making YNAP
In addition to selling YNAP, Rupert is also considering a capital raise of $100 million to bolster its operations.
South Africa’s wealthiest man Johann Rupert gains $510 million in 14 days after $270-million loss in September
Rupert’s net worth since the start of October has risen from $9.07 billion to $9.58 billion.
South African billionaire Johann Rupert’s wealth soars by $210 million in four days
This takes his total gains this year to more than $1.5 billion.
Africa’s richest men see their net worth increase by $2.19 billion in 2021
The rise in their collective and individual wealth marks a recovery from a sharp decline last year.