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Richemont, led by Johann Rupert, opens Panerai’s first Stuttgart boutique, expanding in Europe as Specialist Watchmakers find stability amid global headwinds.
Johann Rupert’s Remgro gets Competition Commission approval for eMedia Holdings to acquire full control of eMedia Investments.
South African billionaire Johann Rupert’s Richemont brings Vhernier to Asia with a new Hong Kong boutique.
Johann Rupert’s net worth falls $1.8 billion as Richemont shares drop, despite strong luxury jewelry sales and $8.6 billion cash reserves.
The decline comes despite strong March gains, as Reinet shifts focus from tobacco to long-term alternative asset strategies.
Richemont’s Q1 sales hit $6.3 billion, fueled by strong jewelry demand in Europe, the Americas, and the Middle East, offsetting weaker watch sales and flat Asia trends.
That staggering imbalance is at the heart of a new Oxfam report that lays bare the depth of inequality spreading across the continent.
South Africa’s regulator drops opposition to Vodacom’s $741.7 million deal for Maziv, moving Johann Rupert’s Remgro closer to sealing the landmark fiber acquisition.
Johann Rupert adds $1 billion in a week as Richemont and Reinet shares climb, lifting his net worth to $16.9 billion.
Reinet, led by Johann Rupert, is in talks to offload its top asset, Pension Insurance Corp, in a deal worth up to $6.85 billion.
Richemont’s Van Cleef & Arpels opens its first Florence boutique, showcasing high-jewelry heritage and bolstering the group’s luxury retail presence in Europe.
This increase pushes his total wealth growth for the year to $2.72 billion, up from $2.52 billion just a few days ago.
Johann Rupert’s net worth falls $800 million to $16.3 billion amid Richemont’s 6.5% share decline despite strong global jewelry sales.
Johann Rupert will receive a $20.7 million dividend from Reinet Investments after the Luxembourg-based firm reported strong asset growth in its latest fiscal year.
Johann Rupert, South Africa’s richest man and Richemont chairman, arrived in Washington during tense talks between Trump and President Ramaphosa.
This was driven by a steady demand for high-end jewelry and solid growth in key markets such as the U.S., Europe, Japan, and the Middle East.