
Four assets that make South African billionaire Johann Rupert Africa’s richest man
With an impressive global ranking of 145 among the world’s wealthiest people, Rupert has constructed a diverse investment portfolio.
With an impressive global ranking of 145 among the world’s wealthiest people, Rupert has constructed a diverse investment portfolio.
Rupert has seen his net worth slide by $800 million amid Richemont’s share slump.
Richemont recently published its latest full-year financial report, which shows a 21-percent growth in jewelry sales.
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,
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.
Richemont ranks as the fourth-largest luxury company globally.
Rupert derives most of his wealth from his 9.14-percent stake in Richemont.
Rupert’s net worth has increased from $10.9 billion to $12.3 billion.
The $1-2 billion increase cements his position as South Africa’s richest billionaire.
Richemont is a Swiss luxury goods holding company led by South African billionaire Johann Rupert.
Richemont is a Swiss luxury holding company.
Rupert derives most of his wealth from his 9.14-percent stake in Richemont
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