South Africa’s richest man gains $800 million in less than a month
This boost brings his year-to-date net worth increase to $1.67 billion, making him the only African billionaire whose fortune has grown by over $1.5 billion in 2025.
Johann Rupert
7 African billionaires pouring millions into the future of sports
Africa’s richest are reshaping sports, from rugby and football to basketball, using wealth to drive youth empowerment, global expansion and local impact.
Reinet, led by Johann Rupert, posts $7.9 billion in net assets
Reinet, led by Johann Rupert, posts $7.89 billion in net assets as it shifts away from tobacco and toward diversified, long-term investment growth.
Johann Rupert’s Richemont finalizes YNAP divestment to Mytheresa
Richemont finalizes $609.7 million YNAP divestment to Mytheresa, marking a major shift in luxury e-commerce and boosting Mytheresa’s global market position.
CIVH, backed by Johann Rupert’s Remgro, valued at $667 million
The decline has sparked debate, with Remgro recently valuing Maziv at $2.8 billion, outpacing even larger rivals like Telkom.
Johann Rupert’s Richemont supports YNAP with $114 million loan
Richemont backs YNAP with a $114 million credit line to bolster digital luxury expansion, following EU approval of Mytheresa’s acquisition of YNAP.
Johann Rupert’s Richemont gains approval to sell YNAP to Mytheresa
The deal, executed through Richemont’s subsidiary Richemont Italia Holding S.P.A., is set to close on Apr. 23, 2025.
Johann Rupert gains $1.3 billion following US tariff pause
His stake in Richemont benefited from a 5% surge in shares following President Trump’s announcement of a three-month tariff pause, excluding China.
Johann Rupert gains $1.1 billion in just 24 hours
South Africa’s richest man, Johann Rupert’s net worth, surged by $1.1 billion in less than 24 hours, reaching $14.3 billion.
Johann Rupert loses $3.2 billion as Trump tariffs ripple through global markets
South Africa's richest man, Johann Rupert, saw his net worth fall from $17 billion on March 4 to $13.8 billion at the time of this report.
South Africa’s richest man Johann Rupert loses $1.1 billion, net worth drops below $16 billion
Since the start of March, Richemont’s shares have dropped more than 11 percent, bringing the value of his stake down from $12.5 billion to $11.5 billion.
10 lessons from African billionaires on achieving business growth
Billionaires.Africa shares 10 key lessons from African billionaires, practical insights to help entrepreneurs overcome challenges, seize opportunities, and build lasting businesses.
7 banks backed by African billionaires
With deep pockets and a sharp eye for opportunity, billionaire-backed banks are making a mark in corporate finance, wealth management, and financial inclusion.
South Africa’s richest man loses $1.4 billion in 12 days
This follows a strong start to the year, when his net worth surged by $3.32 billion, rising from $13.7 billion to $17 billion by early March.
Fairtree invests $210 million in South Africa’s richest man Johann Rupert’s Remgro
This reinforces Fairtree’s commitment to investing in high-quality South African businesses while expanding its footprint in the country’s equity market.
RCL Foods, backed by South Africa’s richest man, reports $730 million in half-year revenue
Revenue climbed to $730 million, while profit surged to $63 million, reflecting strong execution across key segments.