Born on June 1, 1950, Johann Peter Rupert is a millionaire businessman from South Africa. His parents are business tycoon Anton Rupert and his wife Huberte. He serves as chairman of the luxury goods companies Richemont, located in Switzerland, and Remgro, based in South Africa. He has served as Compagnie Financiere Richemont’s CEO since April 2010. According to Forbes 2023, Rupert and his family ranked highest in South Africa, with an estimated net worth of US$10.7 billion.
Biography profile of John Rupert
Full name : Johann Rupert
Gender : Male
Age : 73 years old
Date of birth : 1 June 1950
Place of birth : Stellenbosch, Western Cape, South Africa
Nationality : South African
Occupation : Businessman
Known for : Luxury goods
Early life and education
Growing up in Stellenbosch, Rupert studied economics and corporate law at the University of Stellenbosch and Paul Roos Gymnasium. Although he left school to pursue a career in business, the institution still granted him an honorary doctorate in Economics in 2004. [1]
An honorary doctorate was granted to him by Nelson Mandela Metropolitan University in 2008. Rupert has been called “reclusive” by Barron’s and the Financial Times, as he avoids public events and rarely does interviews. “Rupert the Bear” is his moniker. Rupert has stated that he supports and believes in the concept of a basic income for all.
Business Career of Johann Rupert
Rupert completed his business apprenticeship in New York City, working for three years at Lazard Freres and two years at Chase Manhattan. In 1979, he went back to South Africa and established Rand Merchant Bank, where he served as CEO.
1984 saw the merger of RMB and Rand Consolidated Investments to establish RMB Holdings and his departure to join the Rembrandt Group, his father’s business. 1989 established Compagnie Financiere Richemont in 1988, and the same year, Rothmans International plc named him a non-executive director. The Sunday Times awarded him “Businessman of the Year” the same year. In 1989 he was Selected as the Rembrandt Group’s vice chairman.
1990 The Cape Town Chamber of Commerce and Die Burger newspaper named me the year’s business leader. established the Vendôme Luxury Group SA division of Richemont. He was named Chairman of Rembrandt Group Limited in 1991. The World Economic Forum in Davos, Switzerland, recognised him as one of the 200 “Global Leaders of Tomorrow” in 1992. 1993 The A.H.I. (“Afrikaanse Handelsinstituut”) awarded the M.S. Louw Award. 1996 Selected for the second time as Sunday Times Business Times’ Businessman of the Year. [2]
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1997 Gold Fields South Africa Ltd. appointed him as its non-executive chairman. In 1999 The Free Market Foundation of South Africa presented the recipient with the 1999 Free Market Award. 2000 Rembrandt Group Limited underwent a reorganisation, giving rise to Remgro Limited and VenFin Limited. Designated as Compagnie Financière Richemont SA’s Chairman and CEO. CEOs of the top 100 listed companies in South Africa voted for the “Most Influential Business Leader” . 2004 The University of Stellenbosch granted the recipient an honorary doctorate in economics.
2008 Selected for the third time by the CEOs of the Top 100 Companies as South Africa’s Business Leader of the Year.
2009 The French President appointed him as a “Officier” of the “Ordre National de la Légion d’Honneur.” 2009 At the Meininger “Excellence in Wine and Spirit” awards ceremony in Düsseldorf, Germany, he was chosen as the 2009 International Wine Entrepreneur of the Year. 2009 Named Chancellor of the University of Stellenbosc2010 saw the European Golf Tour name him an honorary vice president honoured with an honorary doctorate from Scotland’s University of St Andrews
Personal life of Johann Rupert
Johann is wed and has children. The name of his spouse is Gaynor Rupert. Her spouse persuaded her to pursue her passion of racing horses as a breeding endeavour. She oversees their Drakenstein farm as well. Three children are a blessing for the couple. Two daughters, Caroline and Hanneli Rupert, and a son, Anton Rupert Jr. With the exception of sporadic articles about the son Anton Rupert Jr, who bears the grandfather’s name and founded their economic empire, not much is known about the children.
Networth
This man exemplifies the value of perseverance and hard effort. He regularly appears on Forbes’ list of the richest people because he has been able to expand his family’s business internationally. With a net worth of 5.5 billion US dollars in 2017, he was ranked as the fourth richest person in Africa, but his standings are constantly shifting. Prior to then, he was ranked number two on the list with a net worth of US$7.9 billion. But in 2018, he ranked third on the list with a net worth of 7.2 billion dollars. Forbes estimates that he is currently worth 6.2 billion dollars. [3]
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