Johann Rupert's Richemont defies tariffs and record gold prices to post double-digit growth
Billionaires Africa | 25.05.2026 22:17
Johann Rupert has guided Richemont through one of the luxury industry's roughest stretches, posting double-digit growth even as record gold prices, trade tensions and softer consumer confidence battered rivals. The South African billionaire, who controls the Swiss group behind Cartier, watched the company outpace much of the sector for the year ended March 31.