Rupert: The rich will want to conceal their wealth

Johann Rupert, the South African who has made billions peddling Cartier jewelry and Chloe fashion, said tension between the rich and poor is set to escalate as robots and artificial intelligence fuel mass unemployment.

“We cannot have 0.1 percent of … Read the rest

Tycoon says Apartheid was bad for business

Apartheid was not good for his businesses Johann Rupert, chairman of the Remgro and Richemont groups, declared on Tuesday.

He was one of the speakers at the FW de Klerk Foundation’s conference on issues related to the South African economy … Read the rest

Rupert makes an offer for Caxton

Johann Rupert
Johann Rupert

Billionaire Johann Rupert has made a R2.34bn offer to obtain a large stake in Caxton, the Sunday Times reported.

Remgro wants to buy ElementOne, which holds a 40% stake in Caxton and CTP Publishers and Printers.

ElementOne owns … Read the rest