US EditionJohann Rupert to receive $20.7 million dividend from Reinet
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The richest man in South Africa, Johann Rupert, will receive a dividend of $20.7 million. This amount will be paid to him by Reinet Investments, an investment company based in Luxembourg, following a growth of its assets in the last fiscal year. It is a beautiful operation for Johann Rupert, the richest man in South Africa. He will receive $20.7 million from Reinet Investments, the investment company he holds in part. This dividend will be paid …
Johann Rupert to receive $20.7 million dividend from Reinet
Key PointsJohann Rupert, South Africa’s richest man, is set to earn $20.7 million in dividends from Reinet following the company’s strong net asset growth in fiscal 2025.Reinet’s NAV rose 11.85% year-over-year to $7.89 billion, driven by strategic exits like BAT and high-yield investments including Pension Insurance Corporation Group.With a 24.9% stake in Reinet, Rupert remains its largest shareholder, and his holdings now contribute $1.32 billi…
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