Johann Rupert’s company sitting on R107 billion pile of cash
Reinet Investments has completed the sale of Pension Insurance Corporation, which has increased the company’s cash balance to over R100 billion.
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Johann Rupert’s company selling UK business for R65 billion
Johann Rupert-led Richemonth is selling its UK insurance business in a deal worth R65 billion, which should add to the group’s already massive pile of cash.
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South African investors want a piece of Johann Rupert’s R113 billion pile of cash
Protea Capital Management CEO Jean Pierre Verster is the latest investor drawn to Johann Rupert’s Reinet.
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All Weather Capital | Athora Holding | British American Tobacco | Business | Pension Insurance Corporation | Reinet
Billionaire Johann Rupert’s mountain of cash going at a huge discount
Reinet has a ton of cash on its balance sheet, with All Weather Capital’s Sanelisiwe Tofile seeing significant value for investors.