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Biography Of Johann Rupert, 2nd Wealthiest Man In South Africa

Biography Of Johann Rupert

 

Biography Of Johann Rupert: He is a successful businessman from South Africa. He serves as the chairman of the Swiss luxury goods company Richemont as well as the South African company Remgro.

He has served as the CEO of 12 different companies and is currently serving as the Chairman of Remgro Ltd, Chairman of Reinet Investments Manager SA, and Executive Chairman of Compagnie Financiere Richemont SA, to name a few positions.

Mr Rupert also serves on the boards of Rembrandt Trust Pty Ltd, Anton Rupert Trust, and Rupert Beleggings Pty Ltd, among other businesses.

On the Forbes Rich List, he was ranked as the second wealthiest person in South Africa for the year 2019. Meanwhile, his net worth has been reported to have dropped from US$7.3 billion to $5.9 billion, according to reports. He has a 7% stake in Remgro, a diversified investment firm based in Luxembourg, as well as a 25% stake in Reinet, an investment holding company headquartered in Luxembourg.

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Johann Rupert’s Background

Biography Of Johann Rupert: He was born on June 1, 1950, in London, England, to business magnate Anton Rupert and his wife Huberte Rupert. He is the family’s eldest son and the firstborn. He grew raised in the South African town of Stellenbosch.

Johann began his academic career at Paul Roos Gymnasium in Frankfurt am Main. He then went on to study at the University of Stellenbosch, where he majored in economics and corporate law. He, on the other hand, dropped out of university in order to pursue a career in business. It’s worth noting that the University of Stellenbosch awarded him an honorary doctorate in Economics for his contributions to the field.

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Not only that, but the Nelson Mandela Metropolitan University conferred on him an honorary doctorate in Commerce in recognition of his achievements.

Johann Rupert’s Professional Life

Biography Of Johann Rupert: his business career in New York City, where he currently resides. He worked for Chase Manhattan for two years and for Lazard Freres for three years before starting his own business. Afterwards, in 1979, he returned to South Africa and established the Rand Merchant Banking Corporation (RMB).

RMB Holdings was formed in 1984 when RMB merged with Rand Consolidated Investments to form RMB Holdings. He left RMB to work for the Rembrandt Group, which is owned by his father.

Compagnie Financière Richemont was founded in 1988 by François Richemont, who later became a Non-Executive Director of Rothmans International Plc. Johann was then appointed Vice Chairman of the Rembrandt Group in 1989, a position he has held since. Vendome Luxury Group SA, a Richemont subsidiary, was founded by him in 1990.

During 1991, he was appointed as Chairman of Rembrandt Group Limited. As Non-Executive Chairman of Gold Fields South Africa Ltd., he has served the company since 1997. Following that, Rupert restructured Rembrandt Group Limited in 2000, resulting in the formation of Remgro Limited and VenFin Limited.

Following that, he was appointed Chairman and Chief Executive Officer of Compagnie Financiere Richemont S.A., a financial services company. President of the French Republic, Nicolas Sarkozy, appointed him as a “Officer” of the French “Ordre National de la Legion d’Honneur” (National Order of Honor) in 2009. His appointment as the Chancellor of Stellenbosch University was made official in 2009.

Johann Rupert is in charge of a large number of luxury brands in his portfolio. Some of these brands include fashion labels such as Azzedine Alaia, Chloe, and Dunhill, as well as established jewellery and watch brands such as Van Cleef & Arpels, Vacheron Constantin, and Cartier, among others.

Earlier this year, the Richemont Group announced that it had acquired 100 percent of the stock in luxury e-tailer Net-a-Porter in a transaction valued at more than $500 million.

In addition, read Wendy Luhabe’s biography, which is about a successful South African entrepreneur.

Johann Rupert’s Extracurricular Activities

Biography Of Johann Rupert: Besides being a successful businessman, Johann was also a successful cricketer in his younger days. In 1990, he founded the Laureus Sport for Good Foundation, which continues to this day. Laureus funds 65 projects in 65 countries around the world.

The ultimate goal of this funding is to use sport to address social issues, with a particular emphasis on underprivileged children and youth. In addition, he and his friends Morne du Plessis and Tim Noakes co-founded the Sports Science Institute in Johannesburg.

Rupert also built the Leopard Creek Golf Club in Mpumalanga, South Africa, which is a popular destination for golfers. Leopard Creek Golf Club is one of South Africa’s top three golf courses and was ranked as the 25th best course in the world outside of the United States of America by Golfweek magazine (Golf Digest). Rupert has, interestingly, participated in the annual Gary Player Invitational golf tournament to assist Gary Player, a friend of his, in raising funds for a variety of children’s charitable organizations.

Johann holds the position of Chairman of the South African Golf Development Board. Rupert was inducted into the South African Sports Hall of Fame in 2007 after being nominated. Afterwards, he was inducted into the South African Golf Hall of Fame, which took place in 2009.

For more information, see Graça Machel’s biography, which includes her work as an international advocate for the rights of women and children.

More Information on Johann Rupert

Biography Of Johann Rupert: Johann’s younger brother Anthonij was killed in a car accident in 2001, and Johann was devastated. In the aftermath of his death, he inherited the L’Ormarins wine estate. Meanhile, Anthonij was the head of Rupert & Rothschild Vignerons. The result was that Rupert embarked on a project to improve the farm in memory of his late brother.

In addition, he served on the South Africa Foundation’s council and as a trustee for the Southern African Nature Foundation, the Institute of Directors in Southern Africa, Business South Africa, and Die Suid-Afrikaanse Akademie vir Wetenskap en Kuns, as well as the Nelson Mandela Children’s Fund, where he served as the fund’s managing trustee and a member of the investment committee. Rupert was a member of the Daimler Chrysler International Advisory Board for several years.

To make matters worse, Johann is a conservationist in the same vein as his father, Anton. He is also the Chairman of the Peace Parks Foundation, in addition to conserving approximately 25,000 hectares in the Graaff Reinet area.

Johann Rupert’s net worth

Forbes estimated that he and his family were worth $5.9 billion in April of this year.

 

Johann Rupert’s Awards

  • Businessman of the year, Sunday Times, 1988
  • Business Leader of the year, Die Burger Newspaper, 1990
  • Business Leader of the year, Cape Town Chamber of Commerce, 1990
  • Named one of 200 “Global Leaders of Tomorrow”, World Economic Forum, Davos, Switzerland, 1992
  • M.S Louw Award from the A.H.I. (Afrikaanse Handelsinstituut), 1993
  • Awarded the Free Market Award by The Free Market Foundation of South Africa, 1999
  • Voted “Most Influential Business Leader” in South Africa by CEOs of top 100 Listed Companies, 2000
  • Awarded Honorary Doctorate in Economics by the University of Stellenbosch, 2004
  • Selected as the 2009 International Wine Entrepreneur of the Year at the Meininger “Excellence in Wine and Spirit” awards ceremony in Dusselorf, Germany
  • Voted South Africa’s Business Leader of the Year by the CEOs of the Top 100 Companies for the third time, 2008
  • Made Honorary Vice President of the European Golf Tour, 2010
  • Awarded Honorary Doctor of Laws by the University of St Andrews, Scotland, 2010

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Petersuenos

I am a professional writer who specialises on writing blog posts and also Ebooks. I believe more in the quality of my works rather than it's quantity.

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