South African billionaire Johann Rupert's Richemont sheds $4 billion in one day
Billionaires Africa | 15.11.2026 04:01
South African billionaire Johann Rupert's Compagnie Financière Richemont SA lost R65.82 billion ($3.97 billion) in market value on Nov. 13, after investors focused on a slowdown in jewelry sales at the Cartier owner rather than on a sharp rise in first-half profit.
