South Africa’s richest man Johann Rupert gains $400 million in 18 days
Rupert’s net worth is valued at $11.7 billion, making him the 179th richest man in the world and the second-wealthiest man in Africa.
Rupert’s net worth is valued at $11.7 billion, making him the 179th richest man in the world and the second-wealthiest man in Africa.
This takes his total gains this year to more than $1.5 billion.
Remgro is an investment holding founded by the South African Rupert family in the 1940s.
The fund aims to help restaurants that suffered due to COVID-19.
Distell, a leading South African brewer, is partly owned by his investment group.
Distell is linked to South African billionaire Johann Rupert.