South African billionaire Johann Rupert's Remgro expects earnings to rise as much as 47%
Remgro, chaired by South Africa's Johann Rupert, expects headline earnings per share to rise between 37% and 47% for the year to June.
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Remgro, chaired by South Africa's Johann Rupert, expects headline earnings per share to rise between 37% and 47% for the year to June.
Johann Rupert has put his 39-year-old son Anton in charge of Richemont's creative and commercial direction as non-executive co-deputy chairman, announced on the day of the group's annual general meeting.
Billionaire Johann Rupert-backed RCL Foods produces 227,000 jars of mayonnaise daily, with Nola holding a 41.5% share of South Africa’s market.
Cartier has opened its first New Zealand store, on Auckland's Queen Street. It is the eighth in Oceania for the house that has driven most of billionaire Johann Rupert's recent gains and Richemont's third brand on the same street.
Forbes' daily ranking on Sept. 1 puts Aliko Dangote at $31.4 billion and Nathan Kirsh second at $19.2 billion, ahead of Johann Rupert.
Billionaires Christo Wiese and Johann Rupert have backed a project that has handed 24,500 title deeds to South Africans who owned their homes but not the land beneath them, unlocking generational wealth for families who had none.
Hanneli Rupert, daughter of Richemont chairman Johann Rupert, runs the Homo Faber craft biennial in Venice, which opens for a month on Sept. 1.
Johann Rupert's fortune has risen to $17.4 billion from $16.1 billion in March, driven by record jewellery sales at Cartier and Van Cleef.
South Africa's financial regulator has revealed how deepfake advertisements featuring Johann Rupert and Elon Musk were used to steal R1 billion from South African investors through a trading platform called Banxso.
Johann Rupert has donated to and recapitalised Khaya Lam, which has transferred more than 21,000 title deeds to poor South African households.
Ninety One's clients have acquired 5.0156% of Remgro, worth about $310 million, though Johann Rupert's family retains voting control.
Energy Exchange of Southern Africa, created by Johann Rupert's Remgro, is building the trading platform for a fully liberalised South African electricity market.
Johann Rupert's Reinet has walked away from a major investment it spent months assessing, restarting a $585 million buyback of its own shares instead.
Jannie Durand has earned R227.6 million running Johann Rupert's Remgro since 2012, with his largest pay packages arriving in 2022 and 2023.
A Rupert family entity was paid a 2.3 billion rand performance fee after Johann Rupert's Reinet sold its largest asset for about 62 billion rand.
Johann Rupert and the Oppenheimer family have poured billions into South African horse racing, building rival stud farms and saving the sport.