Rupert's Reinet builds $5.6bn cash pile after PIC stake sale
Johann Rupert's Reinet boosted its cash reserves to about $5.6 billion after selling its Pension Insurance Corporation stake, raising speculation about dividends or strategic deals.
Johann Rupert
Remgro CEO Jannie Durand warns South Africa could face fuel shortages
Remgro CEO Jannie Durand has warned that the Middle East conflict could trigger fuel shortages in South Africa, citing deep concern about supply chain stability.
Johann Rupert's Remgro lifts dividend 80% as earnings surge, handing South Africa's richest family R80 million
Johann Rupert's Remgro lifted its interim dividend by over 80% after headline earnings surged, handing the Rupert family about R80 million in gross payouts.
Johann Rupert loses $77 million valuation battle over his Leopard Creek luxury golf estate
A tribunal confirmed the $77 million municipal valuation of Johann Rupert's Leopard Creek estate, handing Nkomazi Municipality a sweeping legal victory
Johann Rupert's Remgro sells R4.88 billion worth of FirstRand shares in six-year exit from South Africa's biggest bank
Johann Rupert's Remgro has sold nearly 52 million FirstRand shares for R4.88 billion, extending a six-year disposal process that began in 2020.
Johann Rupert is publicly demanding that Stellenbosch University's council chair must go
Johann Rupert and Edwin Cameron have gone public, saying Stellenbosch University council chair Nicky Newton-King must not be re-elected.
South African billionaire, Johann Rupert's Richemont sells Baume & Mercier to Damiani after 37 Years
Richemont is offloading Baume & Mercier to Italy's Damiani Group, a deal that lays bare the growing pressures on mid-tier Swiss watchmaking.
Johann Rupert's Reinet is selling its UK pension firm for R65 billion and investors wonder what comes next
Johann Rupert's Reinet has cleared its last regulatory hurdle in the R65 billion sale of UK pension firm PIC, with completion set for March 27.
South Africa's richest man might be looking to sell luxury watchmaker Jaeger LeCoultre
Sale talk is swirling around Jaeger LeCoultre, and Rupert controlled Richemont is under pressure to prove its watch strategy after a brand disposal.
South African billionaire Johann Rupert’s Richemont to sell Baume & Mercier to Italy’s Damiani
Richemont agreed to sell Baume & Mercier to Italy’s Damiani, handing control of one of Switzerland’s oldest watch brands to a family owned jeweler.
South African billionaire Johann Rupert’s Richement sells Baume & Mercier
South African billionaire Johann Rupert’s Richemont sells Baume & Mercier to Italy’s Damiani Group as luxury portfolios shift.
South African billionaire Johann Rupert’s Richemont posts $20 billion in nine-month revenue
Richemont reports $20 billion in nine-month sales, driven by jewelry growth and strong retail performance worldwide.
Johann Rupert’s Richemont posts record UK sales as profits jump
Richemont UK sales hit a record 277 million pounds as profits surged, offering a glimpse into Johann Rupert’s luxury strategy.
Dubai ruler meets African billionaires as UAE courts deeper investment, energy and AI ties
Sheikh Mohammed bin Rashid told African business and philanthropic leaders the UAE sees the continent as a strategic partner for resilient, inclusive growth.
Vodacom, Johann Rupert’s Remgro close $672.9 million Maziv fiber deal
Vodacom finalizes a $672.9 million fiber deal with Remgro’s Maziv to expand fast internet across South Africa.
South African billionaire Johann Rupert’s Remgro to take full Mediclinic control
Johann Rupert’s Remgro plans a major restructuring to gain full control of Mediclinic Southern Africa.