African Billionaire Johann Rupert: Businesses & Networks
Johann Rupert is a South African billionaire businessman and investor with a net worth of $9.2 billion at the time of writing and the second richest person on the continent.
Rupert is the chairman of Compagnie Financiere Richemont, a Swiss luxury goods company known for its high-end brands, including Cartier, Montblanc, Dunhill, and many others.
He is also the chairman of Remgro, a South African investment holding company with interests in a wide range of sectors, including financial services, healthcare, and media.
In addition, Johan Rupert is the chairman of Reinet, an investment holding company based in Luxembourg. He is known for his business acumen and his ability to identify and invest in successful companies and industries, and has earned a reputation as one of the wealthiest and most influential individuals in South Africa and around the world.
Johann Rupert’s Compagnie Financiere Richemont
Rupert is the chairman of Swiss luxury goods firm Compagnie Financiere Richemont, which is a major player in the global luxury goods industry. Richemont is known for its high-end brands, including Cartier, Montblanc, Dunhill, and many others. Johann Rupert is a South African businessman and investor who has been involved in the luxury goods industry for many years.
Compagnie Financiere Richemont, also known as Richemont, is a Swiss luxury goods company that was formed in 1998 through a spinoff of assets owned by Rembrandt Group Limited, which is now known as Remgro Limited.
Rupert’s investment firm
Johann Rupert is the chairman of Remgro, a South African investment holding company that has interests in a wide range of sectors, including financial services, healthcare, and media. He owns a 7% stake in the company. Johann Rupert is also the chairman of Reinet, an investment holding company based in Luxembourg, and owns a 25% stake in the company.
Reinet is an investment vehicle that was established in 2008 with the goal of providing investors with long-term capital appreciation through a diversified investment portfolio. The company’s investment portfolio includes holdings in a range of sectors and industries, including tobacco, financial services, and healthcare.
Johann Rupert is known for his insights and observations on business, capitalism, and wealth creation.
It’s no surprise that Johann Rupert has had some of the world’s most powerful people in his circle over the years. According to reports, these are some of the key business people in Rupert’s network:
Avid Rockefeller (who passed away in 2017) was as Rupert’s boss at Chase Manhattan Bank in the 1970s, and a family friend,
Gerrit Thomas Ferreira, Laurie Dippenaar and Paul Harris, and were some of Rupert’s first business partners, and they remain close. Their little financial structuring business in Johannesburg, Rand Consolidated Investments, merged with Rupert’s Rand Merchant Bank in the late 1970s to grow into one of sub-Saharan Africa’s biggest financial services companies. Rupert Ferreira and Harris all attended the the University of Stellenbosch.
Dr. Edwin Hertzog, the founder of the Medi-Clinic International hospital network, is the son of Anton Rupert’s business associate Dirk Hertzog. Edwin and Johann have been friends since childhood, and they worked together to make Medi-Clinic International profitable.
Former Daimler-Benz CEO Jürgen Schrempp serves on the Reinet advisory council and Richemont’s board of directors.
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