Johann Rupert
The richest black man in South Africa, the billionaire with the European appearance Johann Rupert has turned a part of the father’s company into the business shining in every sense. Compagnie Financiere Richemont headed by him develops luxury brands of jewelry, watches, and clothes, increasing sales every year. Rupert who has recently come back to the place of the head of the Council of directors takes the top positions in the rating of the richest Africans. The office of his Richemont Company is located in Switzerland. The company is quoted on SIX Swiss Exchange. Its market capitalization makes about €42 billion. It is possible to call the company international as it possesses brands of jewelry and the clothes based in the most different countries – from Great Britain and France to Hong Kong. In 2000, Richemont has made one of the loudest purchases in the branch, having bought brands of International Watch Company (IWC), Jaeger-LeCoultre and A. Lange & Soehne approximately for €2.5 billion. The general capital of the businessman makes $8.1 billion.
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