The insecurity in South Africa was taken a step further, after a gang of daring armed robbers launched an attack and made away with luxury jewellery worth more than R300million from a warehouse belonging to South African billionaire Johann Rupert.
The warehouse in Rivonia, Johannesburg, is owned by RLG Africa (Richemont Luxury Goods), which operates the storage facility under Vendome Distribution SA…
Police have launched a manhunt for a number of suspects after R300m worth of jewellery was stolen from a warehouse in Johannesburg belonging to businessman Johann Rupert, the Sunday Times has reported.
According to police, an unconfirmed number of suspects robbed the jewellery warehouse in Bryanston on Friday night.
Police spokesperson Captain Mavela Masondo reportedly said that the suspects were armed with pistols and reportedly entered the office park and held the guarding security guards at gunpoint.
The suspects then reportedly proceeded to the premises and broke the security doors and took undisclosed amount of jewellery, Masondo reportedly said.
According to Forbes, Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont. The company is best known for the brands Cartier and Montblanc.
He has a reported net worth of $6.2 bn (R94.5bn).
Johann Peter Rupert is a South African-born entrepreneur, who is the eldest son of business tycoon Anton Rupert and his wife Huberte. He is the chairman of the Swiss-based luxury-goods company Richemont and the South Africa-based company Remgro.
As of 1 April 2010, he assumed the CEO position of Compagnie Financiere Richemont. Together with his family, he was estimated to be worth $5.9 billion as of April 2019, and was ranked as the second wealthiest person in South Africa on the Forbes Rich List for 2019, with his fortune reported as having declined from US$7.3 billion.