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Meet Africa’s New Richest Man Johann Rupert, His New Net Worth, Expensive Vehicles He Owns

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Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont.
The company is best known for the brands Cartier and Montblanc. It was formed in 1998 through a spinoff of assets owned by Rembrandt Group Limited (now Remgro Limited), which his father Anton formed in the 1940s.

He owns 7% of the diversified investment firm Remgro, which he chairs, as well as 26% of Reinet, an investment holding company based in Luxembourg. Rupert has been a vocal opponent of plans to allow fracking in the Karoo, a region of South Africa where he owns land.

Johann Rupert
Johann Rupert

Johann Rupert is a prominent South African businessman and entrepreneur. He was born on June 1, 1950, in Stellenbosch, South Africa. Rupert is widely recognised for his leadership in the luxury goods industry and his significant contributions to the business world.

As mentioned earlier, Rupert is the chairman of Compagnie Financiere Richemont, a Swiss luxury goods company that owns renowned brands such as Cartier and Montblanc. Under his guidance, Richemont has become a leading player in the luxury sector. Aside from his role at Richemont, Rupert also holds influential positions in other companies. He chairs Remgro Limited, a diversified investment firm in South Africa.

Mr Rupert also owns a substantial stake in Reinet Investments S.C.A., an investment holding company based in Luxembourg. Johann Rupert is known for his business acumen, strategic vision, and dedication to maintaining the high standards and reputation of the luxury brands under his purview.

Johann Rupert’s new Net worth

Africa’s richest man title has been claimed by Johann Rupert with a new net worth of $12 billion surpassing the long-standing champion Aliko Dangote whose net worth is $10.8 billion.

Rupert’s ascent to the top spot signifies a remarkable shift in fortunes. The recent devaluation of the Nigerian naira played a role in recalibrating Dangote’s net worth, ultimately propelling Rupert to claim the coveted number-one position.

Johann Rupert Expensive Vehicles

Johann Rupert cars
Johann Rupert cars

Some of the cars owned by Rupert include a Porsche Carrera GT, Jaguar E-Type, Honda NSX and a Mercedes-Benz CLK DTM AMG, The multi-million rand car collection is open to the public at the Franschhoek Motor Museum located in the Western Cape.

Johann Rupert is known to have a significant collection of vintage cars with over 185 vintage cars sitting in his private museum. Vintage cars typically refer to classic or antique automobiles that are several decades old and hold historical or collector’s value.

Johann Rupert cars has Over 185 vintage cars, he has sitting in his private museum
Johann Rupert cars have Over 185 vintage cars, he has sat in his private museum

Other expensive cars he owns include

  • Ferrari Lusso GT worth over N86 million
  • A Porsche Cayenne
  • A Rolls Royce
  • Toyota SUV’s
  • Porsche Carrera GT
  • Jaguar E-Type
  • Honda NSX
  • Mercedes-Benz CLK DTM AMG

The new title holder of Africa’s richest man, Johann Rupert, was named by Forbes Magazine in its Real-time global Billionaires Ranking. Rupert currently boasts a $12 billion net worth. Meanwhile, Dangote trails behind with a net worth of $10.8 billion.

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