South Africa’s richest man loses $1.4 billion in 12 days
This follows a strong start to the year, when his net worth surged by $3.32 billion, rising from $13.7 billion to $17 billion by early March.
Johann Rupert
Fairtree invests $210 million in South Africa’s richest man Johann Rupert’s Remgro
This reinforces Fairtree’s commitment to investing in high-quality South African businesses while expanding its footprint in the country’s equity market.
RCL Foods, backed by South Africa’s richest man, reports $730 million in half-year revenue
Revenue climbed to $730 million, while profit surged to $63 million, reflecting strong execution across key segments.
South Africa’s richest man Johann Rupert gains $520 million in February
With February’s gains, Rupert’s year-to-date increase now stands at $3.19 billion, making him the only African billionaire to have gained more than $3 billion so far in 2025.
South Africa’s richest man loses $400 million after brief surge to $17 billion
The drop followed a wave of profit-taking by investors, which pushed down the share price of Richemont, where Rupert holds a significant stake.
South Africa’s richest man Johann Rupert’s net worth hits $17 billion
Rupert owns a 10.18 percent equity stake in Richemont and controls 51 percent of its voting rights through 6.26 million “A” shares and 522 million “B” shares.
South Africa’s 10 richest billionaires in 2025
From luxury goods to mining and fintech, they shape economic trends and investment flows across Africa and beyond.
South Africa’s richest man, Johann Rupert, gains $2.67 billion in January—net worth hits $16.3 billion
The $2.67 billion increase in January alone far exceeds the $1.3 billion he added throughout 2024.
Johann Rupert’s Reinet faces shareholder shift amid broader strategic moves
PIC lowers voting rights in Reinet to 14.956%, reflecting strategic portfolio adjustments post-Reinet's $1.5 billion BAT divestment.
Luxembourg-based firm controlled by South Africa’s richest man hits $7.2 billion in net assets
Its portfolio includes stakes in Pension Insurance Corporation Group Limited, British American Tobacco (BAT), and other diversified assets.
South Africa’s richest man, Johann Rupert, gains $1.64 billion in first three weeks of 2025
Forbes' real-time billionaire rankings still list Rupert as Africa’s richest person, with a net worth of $13.1 billion.
South Africa's richest billionaire adds $1.58 billion to his fortune in just 24 hours
The boost in Johann Rupert's wealth is tied to the performance of Richemont, the Swiss-based luxury conglomerate he chairs.
South Africa’s richest man, Johann Rupert’s Richemont, reports $16.7 billion in nine-month sales
Richemont posts $16.7 billion nine-month sales, driven by record-breaking Q3 and resilience despite challenges, with Japan leading 25% regional growth.
Johann Rupert, South Africa’s richest man, to divest $1.5 billion in British American Tobacco shares
This aligns with Reinet's broader investment strategy to optimize its portfolio and enhance liquidity.
South Africa's richest person adds $138 million to net worth in first week of 2025
This recent surge brings his wealth closer to crossing the $14-billion mark—a milestone last achieved in October 2024.
South Africa’s wealthiest, Johann Rupert, sees $1.3 billion rise in fortune
The value of his Richemont holdings alone stands at $9.34 billion, reflecting the conglomerate's role as the cornerstone of his fortune.