Tag: Johann Rupert

Johann Rupert’s Richemont eyes stake in De Beers takeover

De Beers' $2.3 billion valuation draws interest from Johann Rupert's Richemont and Signet as African diamond producers seek bigger stakes.

Oluwatosin Alao Oluwatosin Alao

South Africa’s richest man Johann Rupert gains $400 million as fortune rebounds to $19.1 billion

Johann Rupert’s fortune has rebounded to $19.1 billion as Richemont shares recover, adding $400 million to his wealth in a week.

Omokolade Ajayi Omokolade Ajayi

Johann Rupert’s fibre companies pass 2.9 million homes in South Africa

Johann Rupert fibre companies now reach 2.9 million South African homes as Remgro expands Vumatel, Herotel and broadband networks.

Timilehin Adejumobi Timilehin Adejumobi

South African billionaire’s son named co-deputy chair of $120B luxury giant Richemont

Anton Rupert joins Richemont as co-deputy chairman as his father, Johann Rupert, advances succession plans at the $120 billion luxury group.

Omokolade Ajayi Omokolade Ajayi

Cheap sugar imports hit Johann Rupert-backed RCL Foods as profit drops 47% to $47.5 million

Cheap sugar imports and pet food recalls hit Johann Rupert-backed RCL Foods as full-year profit tumbled 47.4 percent to $47.5 million, forcing dividend cuts.

Omokolade Ajayi Omokolade Ajayi

South Africa’s Rainbow Chicken profit surges to $82.9 million, declares special dividend

Rainbow Chicken’s profit surged 134.8 percent to R1.34 billion ($82.9 million) in 2026, driven by firmer pricing, lower feed costs and improved farming efficiency.

Omokolade Ajayi Omokolade Ajayi

South Africa’s richest man Johann Rupert loses $1.3 billion as Richemont shares slide

South Africa’s richest man Johann Rupert has lost $1.3 billion in 11 days as Richemont shares fell 7.87 percent, reducing his fortune to $20.2 billion.

Omokolade Ajayi Omokolade Ajayi

Johann Rupert-backed poultry firm, RCL Foods, expects earnings to fall as sugar, pet food weigh

RCL Foods expects earnings to fall up to 35 percent as sugar imports, pet food disruptions and impairments pressure results.

Omokolade Ajayi Omokolade Ajayi

South Africa’s richest man, Johann Rupert, gains $1.5 billion as fortune reaches $21.5 billion

Johann Rupert gains $1.5 billion in four weeks as his fortune reaches $21.5 billion, boosted by gains in Richemont shares.

Omokolade Ajayi Omokolade Ajayi

South African billionaire Johann Rupert gains $4.4 billion in 97 days

Johann Rupert’s net worth jumps $4.4 billion in 97 days, crossing $20 billion as Richemont shares surge on strong investor demand.

Feyisayo Ajayi Feyisayo Ajayi

10 richest African billionaires in July 2026

Africa’s 10 richest billionaires in July 2026 as Aliko Dangote, Johann Rupert and others grow their fortunes.

Omokolade Ajayi Omokolade Ajayi

South Africa’s richest man Johann Rupert loses $100 million as Richemont shares retreat

South African billionaire Johann Rupert loses $100 million as investors lock in gains from luxury group Richemont.

Omokolade Ajayi Omokolade Ajayi