Who is the Richest Man in South Africa?

Who is the Richest Man in South Africa?

Richest men in South Africa is none other than Johann Rupert. He’s with an estimated $7.3 billion and has a personal collection of more than 200 antique motor vehicles. He was born and raised in Stellenbosch in the Western Cape province of South Africa and he studied economics and law at the University of Stellenbosch.  

He is presently the Chancellor of this university. Throughput is not only a conservationist, but also an avid golfer and cricketer. He also founded the Franschhoek Motor Museum, which houses his personal motive collection. He is also the chairman of the Compagnie Financiere Richemont, which is the sixth largest company in the Swiss stock exchange and the third largest luxury goods chain in the world. The company owns 20 premium brands, including some of the famous ones like Dunhill, Cartier, and Montblanc.

He also serves as chairman and the largest shareholder of rain grow, which is an investment company with mining, financial and industrial interests. Both of these companies were founded by his father, who started by growing small garage-based cigarette manufacturing operation into a magical luxury goods company.

With reported sales of €10.6 billion for 2014 and an operating profit of €2.4 billion, he also owns two of South Africa’s best-known vineyards, namely Rupert & Rothschild and Anthonij Rupert Wines.

The second richest person in South Africa is Nicky Oppenheimer, with a net worth of $6.8 billion. In 2012. He sold his family’s 40% stake in DeBeers which is the world’s largest diamond producer to mining giant Anglo-American for the sum of $5.1 billion, making him the last Oppenheimer to serve as chairman of DeBeers. From there he went into investing.

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