Billionaire Johann Rupert's Reinet just turned a €22 million gold ETF bet into €80 million
Billionaires Africa | 05.06.2026 14:40
Johann Rupert is best known as the custodian of Cartier, Montblanc and Van Cleef and Arpels. Less discussed is the gold bet his family's investment vehicle quietly made more than a decade ago and has been sitting on ever since, watching it multiply nearly fourfold while most of the financial world chased equity market momentum.
