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Grizzly Bulls’ Billionaires Index

⬅ # 177 Michael Rubin|# 179 Edward Johnson IV ➡

# 178 Johann Rupert 

$11.4B

Real Time Net Worth
as of 5/13/2024
-$53.8M (-0.47%)

# 178 Johann Rupert 

$11.4B

Real Time Net Worth
as of 5/13/2024
-$53.8M (-0.47%)
OccupationChair, Richemont
Source of WealthLuxury Goods
Age73
ResidenceCape Town, South Africa
Marital StatusMarried
Children3
Age-Adjusted Net Worth$4.74B
Johann Rupert
Johann Rupert
South Africa
Net worth: $11.4B

Self-Made Score 

Wealth History

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Biography

Biographical Info

Johann Peter Rupert was born on June 1, 1950, in South Africa, to business tycoon Anton Rupert and Huberte.
He is the chairman of Richemont, a Swiss luxury-goods company, and Remgro, a South African company.

Early Life and Education

Rupert grew up in Stellenbosch, attended Paul Roos Gymnasium, and studied economics and company law at the University of Stellenbosch.
He dropped out of university to pursue a business career.

Business Career

Johann Rupert worked in New York City, gaining experience at Chase Manhattan and Lazard Freres.
In 1979, he returned to South Africa and founded Rand Merchant Bank, later merging it with Rand Consolidated Investments in 1984 to form RMB Holdings.
In 1988, he founded Compagnie Financiere Richemont and was named 'Businessman of the Year' by the Sunday Times.
Over the years, he held various leadership positions, including Chairman of Rembrandt Group Limited and CEO of Compagnie Financière Richemont SA.
Rupert has received numerous awards and accolades for his business leadership, including the 1999 Free Market Award and being voted the 'Most Influential Business Leader' in South Africa.

Personal Life and Interests

Johann Rupert is described as 'reclusive' and rarely gives interviews or attends public events.
He dropped out of university but later received honorary doctorates from the University of Stellenbosch and Nelson Mandela Metropolitan University.
Rupert is known for his support of the idea of a universal basic income.
Apart from business, he has diverse interests, including being a former cricketer, founding the Laureus Sport for Good Foundation in 1990, and developing the Leopard Creek Golf Club in Mpumalanga, South Africa.

Other Interests and Controversies

Rupert has been involved in various philanthropic endeavors, such as funding 65 projects globally through the Laureus Sport for Good Foundation.
He purchased a 50% stake in English Premiership Rugby club Saracens in 2008, later selling it in 2018.
Controversies include withdrawing advertising from Wallpaper* magazine over its criticism of the Afrikaans language and dropping Bell Pottinger as Richemont's PR agency in 2016 amid 'state capture' allegations.
In 2018, Rupert faced criticism for comments made during an interview regarding white monopoly capital, Afrikaner economic-upliftment, and the saving habits of black South Africans.

Conservation Activities

Johann Rupert, following in his father's footsteps, is a committed conservationist.
He conserves about 25,000 hectares in the Graaff Reinet area and serves as Chairman of the Peace Parks Foundation.

How long would it take you to become as rich as Johann Rupert?

If you started with $10,000 and invested an additional $500 each month at a 44.01% CAGR, it would take you 5 years to reach Johann Rupert's net worth of $11.4B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 40.45% compared to 10.08% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Johann Rupert is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Johann Rupert, Luxury Goods is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey