Johann Rupert Gains 1.1 Billion In Just 24 Hours

Johann Rupert's net worth surged by 1.1 billion in 24 hours, climbing from 13.2 billion to 14.3 billion following market recovery.

Rupert's wealth boost follows a rebound in Richemonts stock, fueled by a 6 increase since Monday after Trump paused tariffs.

Despite fluctuating valuations, Rupert remains South Africas wealthiest person and the second-richest in Africa, with a 14.3 billion net worth.

After a setback due to the market turbulence triggered by President Trumps tariffs, which caused his net worth to drop to 13.2 billion, South Africa's richest man, Johann Rupert, has experienced a remarkable recovery. In less than 24 hours, his net worth surged by 1.1 billion.

According to the Bloomberg Billionaires Index , Rupert's net worth climbed from 13.2 billion at market open on Thursday to 14.3 billion by the time this report was drafted, reflecting a dramatic rebound.

This recovery follows a period of decline, with Ruperts net worth dropping from a personal high of 17 billion on Mar. 4 to 13.2 billion, his lowest since December 2024. The 1.1 billion increase has pushed his year-to-date wealth gain to 632 million, a turnaround from the 470 million loss he was facing at the start of Thursday's trading session.

With a net worth of 14.3 billion, Rupert remains the richest person in South Africa and the second-wealthiest in Africa, ranking 149th globally on the Bloomberg Billionaires Index. However, Forbes has a slightly different estimate, valuing his fortune at 12 billion and placing him 192nd worldwide.

Ruperts recent wealth boost is closely linked to his 10.18 percent stake in Richemont, the luxury group known for brands like Cartier, Van Cleef Arpels, and Chlo. Through a combination of A and B shares, he controls 51 percent of the company's voting rights.