South Africa's billionaire Rupert family is set to collect a record $277 million from Richemont's biggest ever dividend

Billionaires Africa | 29.05.2026 02:27
Johann Rupert's family is in line to collect the largest single annual dividend payment they have ever received from Richemont, after the Swiss luxury group's board proposed a total payout of CHF 4.30, approximately $4.85, per A share for the financial year ended March 31, 2026, subject to shareholder approval at the Annual General Meeting scheduled for September 9, 2026 in Geneva.