South African businessman Johann Rupert has a net worth of $6.5 billion as of 2015, according to Forbes. This declined to $5.7 billion as of October 2018. He is the chairman of South-Africa based company Remgro and Switzerland-based luxury goods holding company Richemont.
Born Johann Peter Rupert on June 1 1950 in Stellenbosch, a town in the Western Cape province of South Africa. He is the eldest son of Anton Rupert, a South African business tycoon who founded Remgro. He is of Dutch descent. Rupert attended Paul Roos Gymnasium and studied economics and law at the University of Stellenbosch.
Rupert dropped out of university to pursue a career in business; however, the University of Stellenbosch awarded him an honorary doctorate in economics in 2004. The Nelson Mandela Metropolitan University awarded him an honorary doctorate in commerce in 2008.
Rupert served his business apprenticeship in New York City, where he worked for Chase Manhattan and Lazard Freres. He founded Richemont in 1988. Today this holding company owns Dunhill, Cartier, Baume & Mercier SA, IWC International Watch Co. AG, Montblanc, Jaeger-LeCoultre, Piaget SA, Vacheron Constantin SA, Manufacture Roger Dubuis SA and Van Cleef & Arpels.
Rupert is married and has three children. He is a former cricketer and the founder of Laureus Sport for Good Foundation. He rarely gives interview and shuns public events.