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Spotlight | Rupert family
How Richemont's owners ringfenced their holdings

LogoSubscribers only By Philippe Vasset
Reading time 3 min
Richemont CEO Johann Rupert and his son Anton Rupert Jr.
Richemont CEO Johann Rupert and his son Anton Rupert Jr. © Photomontage by Glitz – Sources: Richemont
Richemont CEO Johann Rupert and his son Anton Rupert Jr.
Richemont CEO Johann Rupert and his son Anton Rupert Jr. © Photomontage by Glitz – Sources: Richemont

Alongside the Arnaults with LVMH, the Ruperts are the only family in the luxury sector to have structured control of their group, Richemont, across multiple holding companies registered in various territories. These arrangements, perfected over several years, ensure the clan's continued dominance and are designed to facilitate the eventual handover of the chairmanship from Johann to his son Anton.

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Preparing his succession, Johann Rupert brings entire family into holding company that controls Richemont

Officially, only two Rupert family members, CEO Johann Rupert and his son Anton, control the Swiss company that holds the family's stake in the Swiss luxury giant. In fact, thanks to a complex financial set-up, the entire clan are now shareholders in the holding company, consolidating their hold on Richemont and providing Anton with family backup should he succeed his father.

LogoSubscribers only Families 07.11.2024

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