Bernard Arnault’s LVMH sets sights on South African billionaire Johann Rupert’s Richemont
Richemont ranks as the fourth-largest luxury company globally.
Richemont
South Africa’s richest man Johann Rupert has gained $1.69 billion so far this year
Rupert derives most of his wealth from his 9.14-percent stake in Richemont.
South Africa’s richest man Johann Rupert recovers all 2022 losses in January
Rupert’s net worth has increased from $10.9 billion to $12.3 billion.
19 days into 2023, South Africa’s richest billionaire already $1.2-billion richer
The $1-2 billion increase cements his position as South Africa’s richest billionaire.
Johann Rupert’s Richemont surpasses $16 billion in sales in 9M 2023
Richemont is a Swiss luxury goods holding company led by South African billionaire Johann Rupert.
South African billionaire Johann Rupert’s Richemont set to benefit from Middle East’s luxury market
Richemont is a Swiss luxury holding company.
South African billionaire Johann Rupert gains $400 million in first week of 2023
Rupert derives most of his wealth from his 9.14-percent stake in Richemont
Five dividend-paying shares owned by African billionaires you can buy
Investing in dividend-paying stocks can be a great way to generate passive income.
South African billionaire Johann Rupert’s net worth nears $11 billion
Rupert’s net worth has risen from $8.5 billion on Nov. 3 to $10.8 billion at the time of writing.
South African billionaire Johann Rupert sees net worth rise by $1.76 billion in November
Rupert’s equity stake in Richemont accounts for the majority of his $10.3-billion fortune.
South Africa’s richest man Johann Rupert gains $1.4 billion as net worth surpass $10 billion
Rupert still ranks among those African billionaires who have lost a significant portion of their wealth since the start of the year.
Johann Rupert’s Richemont posts record earnings, with profit exceeding $2.1 billion
The group’s financial performance in the first half of 2023 builds on previous results.
South African billionaire Johann Rupert gains $220 million in October, as Richemont shares rebound
Rupert is South Africa’s richest businessman.
South Africa’s richest man Johann Rupert’s net worth slumps by $1.05 billion
The recent drop in his net worth brings his year-to-date wealth loss to $2.79 billion.
South African billionaire Johann Rupert’s Richemont to sell stake in loss-making YNAP to Fartech, Emirati tycoon
Richemont will examine the fair value write down pertaining to its investment in YNAP at $2.7 billion.
South Africa’s richest man Johann Rupert suffers $290-million wealth loss
The multimillion-dollar drop in his net worth can be attributed to the performance of his 9.14-percent stake in Richemont.