2004: Awarded an Honorary Doctorate in Economics by the University of Stellenbosch. ... and chairman Johann Rupert… He is the chairman of the Swiss-based luxury-goods company Richemont and the South Africa-based company Remgro. He also owns part of the Saracens English rugby team and Anthonij Rupert Wines, named after his deceased brother. Billionaire Johann Rupert who inherited a fortune, but to his credit, then greatly expanded it through the global luxury goods group Richemont has been the victim of smear campaigns and fake news, in particular in the Jacob Zuma era when Bell Pottinger, a UK PR outfit, deliberately developed a campaign to demonise him. He had already received an honorary doctorate award in economics from the University of Stellenbosch in 2004. Johann Rupert Net Worth is $5.4 billion. Together with his family, he was estimated to be worth $5.9 billion as of April 2019[update], and was ranked as the second wealthiest person in South Africa on the Forbes list of The World's Billionaires of 2019, with his fortune reported as having declined from US$7.3 billion. He also assumed the position as the Chief Executive Officer of the Compagnie Financiere Richemont. [18][19][20] Following the incident Rupert issued an apology for his comments. He is the chairman of the Swiss-based luxury-goods company Richemont and the South Africa-based company Remgro.As of 1 April 2010, he assumed the CEO position of Compagnie Financiere Richemont.Together with … He served on the Daimler Chrysler International Advisory Board. And his company’s FirstRand unbundling to soon be repeated at 42% owned MediClinic, Distell (30%) and RCL Foods (77%). "5 South Africans on Forbes’ list of the richest people in the world", Business Tech, March 6, 2019. Related by origin of wealth: luxury goods, Novak Djokovic Earns 18th Major Title At Australian Open, Closes Gap On Federer, Nadal, Curated.com Twists Social Commerce And Influencer Marketing Into Concierge E-Commerce, A New Cold War - Rivalry To Grow Between China, Russia And The USA As Globalization Ends. He co-founded the Sports Science Institute[11] with his friends Morne du Plessis and Tim Noakes. Rupert has come under fire from a Swiss newspaper for getting an early vaccine from a clinic in which one of his companies has a financial interest. Johann Rupert received the coronavirus vaccine at a Swiss clinic his family owns before it was available to the public. Johann Rupert, chairman of Swiss-based luxury goods company Richemont and South African company Remgro, is the new richest person on the continent of Africa. He then returned to South Africa in 1979 and founded Rand Merchant Bank of which he was CEO. Last Friday he shouted through his shareholder meeting, with cigarette on lips. Johann Peter Rupert is a South African-born entrepreneur, who is the eldest son of business tycoon Anton Rupert and his wife Huberte. Johann Rupert is the chairman of the Swiss luxury goods company Compagnie Financiere Richemont, which owns the brands Chloe, Cartier, and Montblanc, among others. 1997: Appointed Non-Executive Chairman of, 1999: Awarded the 1999 Free Market Award by The, 2000: Restructured Rembrandt Group Limited and formed Remgro Limited and VenFin Limited. Johann Rupert is well known in the business circles. In 1979 he returned to South Africa and founded the Rand Merchant Bank which he led until 1984. Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont. He is the chairman of the Swiss-based luxury-goods company Richemont and the South Africa-based company Remgro. That’s good news for the rest of the world. Originally established in the 1940s by the late Dr Anton Rupert, Remgro’s investment portfolio has evolved substantially and currently includes investee companies across seven platforms. Louw Award from the A.H.I. [3] Rupert and family were ranked as the second-richest in South Africa on the 2020 Forbes list, with a fortune reported as US$5.4 billion. He owns a 7% stake in diversified investment firm Remgro, which he chairs, as well as 25% of Reinet, an investment holding co. based in Luxembourg. Radical Economic Transformation is a policy championed by President Jacob Zuma to reduce racial inequality in South Africa. The following companies are wholly owned subsidiaries of Compagnie Financière Richemont SA unless otherwise noted. He then joined and went on to head the Rembrandt Group. Although hydrogen is the most common element in the universe, and its potential as a fuel source has been well understood for decades, substantial challenges have long stood in the way of the development of a thriving hydrogen fuel industry. He dropped out of the university to pursue a career in business, however, in 2004, the university awarded him an honorary doctorate in Economics.[4]. More than $17 million in Moments have been sold in the past 24 hours. All Rights Reserved. 'Avengers: Endgame' did it in both territories. He serves as Chairman of the South African PGA Tour and Chairman of the South African Golf Development Board. Rupert had to tell the shocked shareholders that profits are a shocking 46% down. [15][16], In September 2017, Rupert, during Richemont’s annual general meeting in Geneva, described the use of the term "Radical Economic Transformation" by Bell Pottinger as "just a code word for theft”, in order to cover up the "State Capture" by their clients, the notorious Gupta family. Stylistically, 'Vincenzo' might well be a 90s gangster movie, except that the consigliere is Korean and returns home to take care of some business for a client. According to FamousDetails, he was born in the Year of the Tiger. Johann Rupert attended Paul Roos Gymnasium and the University of Stellenbosch, where he studied economics and company law. 1989: Appointed Vice Chairman of the Rembrandt Group. Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont. Laureus funds 65 projects globally, with the goal of using sport to tackle social issues, having a particular emphasis on underprivileged children. The company is best known for the brands Cartier and Montblanc. 2009 Appointed "Officier" of the French "Ordre National de la Légion d’Honneur" by the President of the French Republic, 2009: Appointed Chancellor of Stellenbosch University, 2010 Made Honorary Vice President of the European Golf Tour, This page was last edited on 25 January 2021, at 20:33.
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