African Entrepreneurs

Spark inspiration with Africa’s top 10 billionaires

2. Johann Rupert

Chairman of the Swiss luxury goods firm Compagnie Financiere Richemont, places the South African born Johann Rupert (70) at the second spot on the list. His net worth checks in at a sizable $7.2 billion. Formed in 1998 through a spinoff of assets owned by the Rembrandt Group Limited, it is probably the most well known for owning household luxury brands like Cartier and Montblanc. Rupert’s wealth continues to grow due to his 7 % stake in the diversified investment firm that he chairs, Remgro, as well as his 25% stake in the investment holding co. Reinet.