Johann Rupert
| Johann Rupert | |
|---|---|
Johann Rupert
|
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| Born |
1 June 1950 Stellenbosch |
| Residence | Somerset West |
| Citizenship | South African |
| Education | Stellenbosch University |
| Occupation | Chairman of Compagnie Financiere Richemont SA |
| Known for | Luxury goods |
| Net worth |
 US$5.5 billion
|
| Spouse(s) | Gaynor Rupert |
| Children | 3 |
| Parent(s) | Anton and Huberte Rupert |
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.
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.
Rupert served his business apprenticeship in New York City, where he worked for Chase Manhattan for two years and for Lazard Freres for three years. He then returned to South Africa in 1979 and founded Rand Merchant Bank of which he was CEO.
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