South Africa’s richest man, Johann Rupert, has reached a staggering $17 billion net worth, making him one of Africa’s most influential business figures. Since the beginning of 2025, his fortune has grown by a massive $3.32 billion, proving once again that his business empire is stronger than ever.
Rupert’s wealth comes largely from Richemont, the Swiss luxury group that owns world-famous brands like Cartier, Van Cleef & Arpels, and Montblanc. He holds a 10.18% equity stake in the company and controls 51% of its voting rights, giving him a firm grip on its direction. With Richemont’s share price rising by more than 33% this year, his stake has skyrocketed from $9.3 billion to $12.5 billion.
But what’s driving this success? Luxury never goes out of style. Richemont reported record-breaking sales of $16.7 billion in the first nine months of 2025, a 3% increase from last year. While the Asia-Pacific market slowed down, demand for high-end watches and jewelry surged in Japan, the Americas, and the Middle East & Africa—proving that Rupert’s empire is built to withstand global shifts.
At 74, Rupert is not just sitting back and watching his fortune grow. He continues to expand Richemont’s influence, strengthening its position as a global luxury powerhouse. His rise is a testament to smart investments, strategic leadership, and the timeless appeal of luxury brands.
With $17 billion and counting, Johann Rupert remains a dominant force in the global luxury industry, and there’s no sign of him slowing down anytime soon.
