Billionaire Johann Rupert's Reinet is sitting on $6.7 billion in cash
Billionaires Africa | 28.05.2026 11:35
Johann Rupert has spent the past 18 months selling. First British American Tobacco, then Pension Insurance Corporation Group. Now his Luxembourg-listed holding company Reinet Investments is sitting on €5,477 million in cash and liquid funds, or R110.10 billion, equivalent to approximately $6.72 billion, representing 83 percent of the company's total net asset value as of March 31, 2026.
