Johann Rupert is a South African entrepreneur and business magnate who has a net worth of $7.7 billion as of 2021.
He is the chairman of the Swiss luxury goods company Richemont and also owns other companies such as Remgro and Reinet Investments.
So, how did he become so wealthy? Let's explore his journey to success.
Johann Peter Rupert was born on June 1, 1950, in Stellenbosch, South Africa.
His father, Anton Rupert, was also a successful businessman and founded the tobacco company Rembrandt Group in 1941.
Johann attended the Paul Roos Gymnasium in Stellenbosch before going to the University of Stellenbosch, where he studied economics and company law.
After completing his studies, Johann Rupert started his career by working for Chase Manhattan Bank in New York.
He then returned to South Africa to work for the Rembrandt Group, where he gained valuable experience in the tobacco industry.
In 1979, he founded his own company, Rand Merchant Bank, which focused on corporate finance and advisory services.
In 1988, Johann Rupert and his father Anton founded the company Richemont, which was then known as Vendôme.
The company initially focused on investments in luxury goods companies such as Cartier, Dunhill, and Montblanc.
Over time, Richemont acquired more brands and expanded its business globally.
Today, the company has over 20 luxury brands in its portfolio, including Van Cleef & Arpels, Piaget, and Jaeger-LeCoultre.
Aside from his involvement in Richemont, Johann Rupert also owns other companies such as Remgro, which is a South African investment holding company, and Reinet Investments, which is a Luxembourg-based investment holding company.
He also has investments in the wine industry, owning vineyards in South Africa and France.
Johann Rupert is known for his philanthropic efforts.
In 2008, he founded the Laureus Sport for Good Foundation, which supports projects aimed at improving the lives of young people through sports.
He is also a board member of the South African PGA Tour and has played a significant role in promoting golf in South Africa.
In his personal life, Johann Rupert is married to Gaynor Rupert, and they have three children.
He is an avid collector of vintage cars and owns a collection worth over $30 million.
He is also a lover of wildlife and owns a game reserve in South Africa.
Source: Mckpage.com
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