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Richemont
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Rupert’s net worth has risen from $8.5 billion on Nov. 3 to $10.8 billion at the time of writing.
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Rupert’s equity stake in Richemont accounts for the majority of his $10.3-billion fortune.
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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.
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The group’s financial performance in the first half of 2023 builds on previous results.
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South African billionaire Johann Rupert gains $220 million in October, as Richemont shares rebound
Rupert is South Africa’s richest businessman.
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The recent drop in his net worth brings his year-to-date wealth loss to $2.79 billion.
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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.
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The multimillion-dollar drop in his net worth can be attributed to the performance of his 9.14-percent stake in Richemont.
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South Africa’s richest man Johann Rupert gains $1 billion in July as investors react to Richemont’s Q1 results
The majority of Rupert’s fortune stems from his stake in Richemont.