Johann Rupert’s luxury goods producer Richemont in talks to offload loss-making YNAP
In addition to selling YNAP, Rupert is also considering a capital raise of $100 million to bolster its operations.
Johann Rupert
South Africa’s wealthiest man Johann Rupert gains $510 million in 14 days after $270-million loss in September
Rupert’s net worth since the start of October has risen from $9.07 billion to $9.58 billion.
South African billionaire Johann Rupert’s wealth soars by $210 million in four days
This takes his total gains this year to more than $1.5 billion.
Africa’s richest men see their net worth increase by $2.19 billion in 2021
The rise in their collective and individual wealth marks a recovery from a sharp decline last year.
Johann Rupert’s net worth surges by $590 million in 14 days Richemont’s sales rise
Data retrieved from Bloomberg revealed that his net worth has risen from $9.61 billion to $10.30 billion.
South African billionaire Johann Rupert’s Sunshine Tour teams up with European Tour
The Sunshine Tour is a men’s professional golf tour based in Southern and East Africa.
South African billionaire Johann Rupert loses $440 million in June
The decline followed a drop in the value of his stakes in Reinet Investment and Remgro Limited.
South Africa’s wealthiest man Johann Rupert sees net worth rise by $2.05 billion
The gains were due to a rise in the share price of Compagnie Financiere Richemont and Distell Group.
South African diamond billionaire Nicky Oppenheimer’s net worth rises by $630 million
His net worth has climbed as high as $7.78 billion recently.
South African billionaire Johann Rupert’s Sukuma fund to offer $7.18-million loan to local restaurants
The fund aims to help restaurants that suffered due to COVID-19.
Johann Rupert’s stake in Remgro gains $81.7 million after news of potential Heineken acquisition
Distell, a leading South African brewer, is partly owned by his investment group.
Heineken negotiates to acquire Johann Rupert’s Distell Group
Distell is linked to South African billionaire Johann Rupert.