Johann Rupert is a South African businessman and the Richest man in Africa as of August 2024, surpassing Aliko Dangote of Nigeria. He heads many conglomerates and chains of businesses within and outside Africa.
According Bloomberg Billionaires Index, Rupert’s net worth now stands at $14.3 billion, surpassing Dangote’s $13.4 billion. Year-to-date, Rupert has gained $1.87 billion, while Dangote has lost approximately $1.69 billion.
OldNaijaHistory brings to you, the story of Johann Rupert, background and how he build his wealth empire.
Early Life and Background
Johann Rupert was born in Stellenbosh, South Africa to renowned business man Anton Rupert and Huberte Ruperte on the 1st of June, 1950.
He grew up and started his educational journey in Stellenbosch, where he attended Paul Roos Gymnasium and later studied economics and company law at the University of Stellenbosch.
Although Johann left university without completing his degree, he was later awarded honorary doctorates in Economics by Stellenbosch University and Nelson Mandela Metropolitan University.
Career and Achievements
Rupert began his career in investment banking in New York City, working for Chase Manhattan Bank and Lazard Frères.
In 1979, he returned to South Africa and founded Rand Merchant Bank. He later joined his father’s company, the Rembrandt Group, and played a pivotal role in its restructuring, which led to the creation of Compagnie Financière Richemont in 1988. Richemont has since become one of the world’s leading luxury goods companies, housing prestigious brands like Cartier and Van Cleef & Arpels.
Johann Rupert is known for his significant contributions to the global luxury market. His leadership has earned him numerous accolades, including being named “Businessman of the Year” by the Sunday Times and “Most Influential Business Leader” in South Africa.
Wife and Children
Johann Rupert is married to Gaynor Rupert. Gaynor is known for her involvement in breeding racehorses and managing their Drakenstein farm. The couple has three children namely; Anton Rupert Jr., Hanneli Rupert and Caroline Rupert.
Networth
Johann sits atop a wide and vast business conglomerate and is worth $14.3 billion.
