Richemont Appoints Anton Rupert, 39, as Non-Executive Co-Deputy Chairperson
- Luxury conglomerate Richemont named Anton Rupert as non-executive co-deputy chairperson following a board meeting on 8 September
- The appointment forms part of a long-term succession strategy at the Switzerland-based group, which owns brands including Cartier and Piaget
- Anton will serve alongside existing deputy chair Bram Schot, with the two holding distinct and complementary responsibilities
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SWITZERLAND — Anton Rupert, the grandson of Rembrandt Group founder Anton Rupert and son of current Richemont chairperson Johann Rupert, has been appointed co-deputy chair of the nearly R2-trillion luxury group.
The decision was ratified during an 8 September board sitting and publicly disclosed on Wednesday ahead of the company's annual general meeting in Geneva. The 39-year-old corporate director will share deputy duties with Bram Schot, who was selected as deputy chair in 2024. While Schot manages board governance and committee operations, Anton Rupert will take charge of product strategy and communications.
Anton Rupert takes on co-deputy role
Johann Rupert, who has served as chairman since 2002, framed the appointment as a crucial milestone in securing long-term leadership continuity. He noted that close family participation, combined with rigorous corporate governance, remains foundational to safeguarding the heritage of brands like Cartier, Piaget, and Van Cleef & Arpels.
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The younger Rupert brings extensive board experience, having served as a non-executive director at Richemont since 2017. He also holds board seats and investments across major South African entities via Remgro, including Vumatel, Outsurance, and Heineken Beverages.
Through a dual-class share structure, the Rupert family maintains firm control over the luxury empire, holding 51% of voting rights despite owning a 10% equity stake. A similar voting arrangement gives the family 50% voting power over Remgro.
Source: Getty Images
Rupert investment fund hits R128 billion in value
In a related article, Briefly News reported on Johann Rupert’s Luxembourg-based investment fund, Reinet, which reached a net asset value of R127.8 billion. The fund remains a significant part of the Rupert family’s global business empire.
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Source: Briefly News
