Mzansi has mixed reactions to billionaire Johann Rupert potential R110m earnings

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Billionaire Johann Rupert is set to earn over R100 million in dividend payouts from Remgro, a prom investment holding company as its shares surge by 60%.

, the holding company was originally founded by his father Anton. The billionaire owns shares in the company under his companyRupert Beleggings Proprietary Ltd.Fuel your passion for sports with SportBrief.com. Click here to discover the latest sports updates!

Remgro's shares grew by 60% from 150 cents per share in 2022 to 240 cents in 2023 which means Rupert is set to earn about R110 million, before tax in dividends this year. While the Remgro group has seen a lot of growth this year, the company has seen the worst conditions since 2000, reports

 

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