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Wall Street background
Prior to returning to South Africa, Johann Rupert spent time on Wall Street and established the Rand Merchant Bank in 1976. He also took over the family’s wine interests and his brother’s L’Ormarins wine estate following his demise. He also assumed chairmanship of both Remgro and Richemont following the death of his father. Today, the Rupert family is worth $11.8 billion, as per Forbes.
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