South African billionaires Patrice Motsepe, Johann Rupert score another rugby club takeover
A consortium linked to Motsepe and Rupert has purchased a 74-percent stake in the Boland Cavaliers.
A consortium linked to Motsepe and Rupert has purchased a 74-percent stake in the Boland Cavaliers.
Dangote’s net worth has declined by a staggering $400 million within the past seven days, dropping from $10.8 billion to $10.4 billion.
As a result of the $200-million dip, Rupert’s net worth slumped from $12 billion on June 16 to $11.8 billion at the time of writing.
With an impressive global ranking of 145 among the world’s wealthiest people, Rupert has constructed a diverse investment portfolio.
Although Forbes estimates Dangote’s fortune at $10.8 billion, Bloomberg estimates present a slightly different picture.
According to Forbes, Rupert has ousted Aliko Dangote to become Africa’s richest man.
Rupert has seen his net worth slide by $800 million amid Richemont’s share slump.
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Richemont recently published its latest full-year financial report, which shows a 21-percent growth in jewelry sales.
Rupert’s net worth rose by $286 million in a day due to Richemont’s share surge.
Rupert said the company’s brands are well-positioned to meet strong demand driven by the resumption of travel by customers from China.
Despite the decline in his net worth, Rupert remains not only the second-richest man in Africa but also the richest man in South Africa.
Rupert is the richest man in South Africa and the second-richest billionaire on the African continent.
Rupert is the richest man in South Africa,
Rupert has developed a platform that offers a gamut of features enabling owners to report theft or loss.
Rupert’s net worth has now declined from $12.7 billion on March 6 to $12.5 billion at the time of writing.