The recent increase in Rupert’s fortune is linked to the performance of his 9.14-percent stake in Richemont.
Richemont
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Rupert has cemented his status as South Africa’s richest individual, maintaining his lead over fellow South African magnate Nicky Oppenheimer.
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The $1.2-billion surge in his fortune is attributed to the performance of his 9.14-percent stake in Richemont.
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Rupert’s wealth skyrockets to $12 billion as Richemont’s sales surpass expectations.
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The surge in Rupert’s fortune not only cements his position as one of Africa’s richest billionaires but also propels him to the …
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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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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