The surge in Rupert’s fortune not only cements his position as one of Africa’s richest billionaires but also propels him to the …
Johann Rupert
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While Forbes positions Rupert as the richest man in Africa, with a net worth of $10.2 billion, Bloomberg’s estimations paint a different …
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Rupert’s net worth, now standing at $12.6 billion, reflects an increase from $11.5 billion nearly two weeks ago.
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With his latest net worth increase, Rupert has cemented his status as South Africa’s richest individual, maintaining his edge over Nicky Oppenheimer.
- Hot News
SA billionaire Johann Rupert’s Richemont rules out plans to invest in loss-making British luxury retailer
Last year, Rupert’s Richemont agreed to sell a 47.5-percent stake in its Yoox Net-A-Porter (YNAP) fashion and accessories business to Farfetch.
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The sudden boost in his wealth is attributed to the recent pullback in the share price of Richemont, a leading luxury goods …
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Richemont led by Rupert and celebrated for its premium brands posted a modest three-percent increase in profit.
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With this latest increase in his net worth, Johann Rupert has solidified his status as South Africa’s richest individual
- Southern Africa
South African billionaire Johann Rupert’s Richemont receives clearance for YNAP-Farfetch partnership
Rupert, who serves as Richemont’s chairman, holds a substantial interest in the company through Compagnie Financiere Rupert.
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Rupert, South Africa’s richest man, and his wife are the founders of the Free Market Foundation.