Johann Ruppert: Africa’s richest man’s companies, brands and investments
South Africa’s luxury goods tycoon, Johann Rupert, has become Africa’s top billionaire, overtaking Nigeria’s Aliko Dangote, who has lost the prime spot.
According to the latest data from the Bloomberg Billionaires Index, Rupert’s net worth has increased to $14.3 billion, surpassing that of Dangote, whose fortune has decreased to $13.4 billion.
Who is Joan Ruppert?
Joan Ruppert grew up in South Africa, where he attended High School Paul Goos Gymnasium. He studied Economics and Company Law at the University of Stellenbosch. Also, Ruppert bagged an honorary degree in Economics at the Nelson Mandela Metropolitan University.
Ruppert’s companies and brands?
Forbes has identified that many of world’s billionaires make their wealth from a lot of investments. This is the same path that Ruppert has threaded as he owns big holdings in three companies. They are Richemont, Remgro, and Reinet. Ruppert is the chairman of these three companies, and about 85% of his fortunes come from these three companies.
In addition, Ruppert has delved into other areas of businesses such as jewellery and luxury watch-producing companies that he invests heavily in. Other portfolios include companies that produce clothing, pens, firearms, and many others.
Furthermore, Ruppert has investment interests in British American Tobacco, Trilantic Capital Partners, TruArc Partners, FNB, RMB, WesBank, Discovery, Momentum Metropolitan, and OUTsurance
He also has stakes in Vumatel, DFA, Seacom, Sqwidnet, e.tv, eNCA, Openview, and YFM, Mediclinic, ER24, the Blue Bulls, Total, Grindrod, and many top South African food and liquor brands.
