Johann Peter Rupert (born 1 June 1950) is the eldest son of South African business tycoon Anton Rupert and his wife Huberte. He is the chairman of the Swiss-based luxury-goods company Richemont as well as of the South Africa-based company Remgro. It was announced on 13 November 2009 that as of 1 April 2010, he would assume the position of Chief Executive Officer of Compagnie Financiere Richemont. Together with his family he was estimated to be worth $7.7 billion as of September 2013 and Forbes ranked him as one of the five richest Africans.
Personal life
Rupert grew up in Stellenbosch, where he attended Paul Roos Gymnasium and the University of Stellenbosch, studying economics and company law. He dropped out of the university to pursue a career in business, however, in 2004, the university awarded him an honorary doctorate in Economics.
In 2008, he was awarded an honorary doctorate in Commerce from Nelson Mandela Metropolitan University. Described as “reclusive” by the Financial Times and Barron’s, Rupert rarely gives interviews and shuns public events. In 2006 the same newspaper also called him “Rupert the Bear” for predicting a world economic crisis. As of 2013, Rupert is currently on a one-year sabbatical.
Johann Rupert net worth: Johann Rupert is one of South Africa’s richest people who has a net worth of $7.3 billion. Johann Rupert is the eldest son of the late South African business tycoon Anton Rupert. Johann serves as Chairman of Richemont, Swiss-based luxury-goods company, as well as of Remgro, South Africa-based company. However, Rupert’s wealth has grown an astonishing 30% recently, after he upgraded fortunes of his Swiss-based luxury goods outfit, Compagnie Financiere Richemont. From year to year his stock in Richemont has jumped more than 50%. In 2012, Rupert stepped down as company’s CEO, being replaced by co-CEOs Richard Lepeu and Bernard Fornas. However, his fortune continued to swell thanks to his stakes Remgro and Reinet. This successful businessman is married with three children and spends most of his free time on the golf course, since he is an avid golf player
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