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Johann Rupert is a South African businessman and chairman of the Swiss-based luxury goods company Richemont. He is one of the wealthiest men in South Africa and has a net worth estimated at $11.1 billion as of 2023.
Early Life
Rupert was born on the 1st of June, 1950, in Stellenbosch, South Africa. He is the son of Anton Rupert, a South African business magnate, and Huberte Rupert, a former fashion model. He has two siblings, Hanneli Rupert-Koegelenberg and Anthonij Rupert. He attended Stellenbosch University, receiving a Bachelor of Business Science degree in 1972 and a Master of Business Science in 1974.
Education
Rupert attended Stellenbosch University, obtaining a Bachelor of Business Science degree in 1972 and a Master of Business Science in 1974.
Career
Rupert began his career as a trader at Rand Merchant Bank in 1975. In 1979, he founded Rembrandt Group, a tobacco and investment company. In 1988, he purchased a controlling stake in Rothmans International, a leading British tobacco company, and merged it with Rembrandt Group. In 1997, he formed a new holding company, Compagnie Financiere Richemont, which owns a number of luxury brands, including Cartier, Montblanc, and Van Cleef & Arpels.
Relationships
Rupert is married to Gaynor Rupert. They have two sons, Anton and Johann Jr., and a daughter, Hanneli. Children: Rupert has three children, two sons and one daughter. His sons are Anton and Johann Jr., and his daughter is Hanneli.
Houses
Rupert owns a number of properties around the world, including an estate in Stellenbosch, South Africa; a villa in France; and two homes in London.
Cars
Rupert is known to have a large collection of luxury cars, including a Ferrari Enzo and a Rolls-Royce Phantom.
Net Worth
As of 2021, Rupert’s net worth is estimated to be $11.1 billion.
Controversy
Rupert has been involved in a number of controversies, including allegations of tax evasion and bribery. Businesses: Rupert is the chairman of Compagnie Financiere Richemont, a Swiss-based luxury goods company, and Rembrandt Group, a South African investment company. He also serves on the board of directors of a number of other companies, including Rothschild & Co. and Compagnie Financiere Richemont.
Sources of income
Johann Rupert is an international billionaire and one of the wealthiest people in the world. He is the Chairman of the Swiss–based luxury goods company Richemont and the South African investment–holding company Remgro. One of Rupert’s main sources of income is his stake in Richemont, the Swiss–based luxury goods company. Richemont is a major international luxury goods conglomerate, producing and distributing watches, jewellery, and writing instruments.
Rupert owns a controlling stake in Richemont, and as such, he receives a large portion of the company’s profits. Another source of income for Rupert is his stake in Remgro, a South African investment–holding company. Remgro has a diverse portfolio of investments in the banking, energy, and healthcare sectors. Rupert is the chairman of Remgro, and thus, he receives a significant portion of the company’s profits. Rupert is also an active investor in various other businesses and industries. He has a large stake in the media company Naspers, the wine producer KWV, the retail company Woolworths, the financial services company Sanlam, and the retail chain Foschini, among others.
As a result, Rupert receives a wide range of income from his investments in these companies. Finally, Rupert also has significant investments in various real estate properties and other assets. He owns an extensive portfolio of properties in South Africa, Switzerland, and elsewhere. Rupert also has a stake in various companies and other investments, such as hedge and private equity funds. These investments provide him with additional sources of income.
