South African businessman gains R15.1 billion in just 24 hours!

South African multi-billionaire Johann Rupert. Image via Twitter @sbudapawl/ @InsightFactor In a single day, South African businessman Johann Rupert, a renowned billionaire, experienced a remarkable financial gain. On Thursday, 18 January 2024, Rupert’s fortune surged by a staggering R15.1 billion. ALSO READ: Uber Eats customer drops R33k on one order! This financial windfall was a result of a significant rise in the share price of Richemont, a leading luxury goods conglomerate. Rupert, who holds the title of South Africa’s wealthiest individual according to Bloomberg’s Billionaire Index, has a net worth estimated at $12 billion (R227 billion). His primary wealth stems from his control over Compagnie Financiere Richemont, a Swiss luxury goods group. ALSO READ: Who are the richest South Africans…

Source: The South African
Categories: Business