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Businessman donates salary to charity

Jun 22 2012 08:06 Sapa

Company Data

COMPAGNIE FINANCIERE RICHEMONT SA [JSE:CFR]

Last traded 106.20
Change 0.14
% Change 0.00
Cumulative volume 3066286
Market cap 554.36bn

Last Updated: 23/07/2014 at 03:16. Prices are delayed by 15 minutes. Source: McGregor BFA

REMGRO LIMITED [JSE:REM]

Last traded 234.98
Change -0.53
% Change 0.00
Cumulative volume 267764
Market cap 113.05bn

Last Updated: 23/07/2014 at 03:16. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - Luxury goods group Richemont [JSE:] executive chairperson Johann Rupert earned a smaller salary this year but as usual donated his £3.6m earnings to charity, according to a report on Friday.

Business Day reported that Rupert's take home salary this year was £3.6m, down from £3.9m last year.

This is contained in Richemont's annual report which was released on Thursday.

Rupert's salaries and benefit payments from Richemont, Remgro [JSE:REM], Reinet Investments Manager and Reinet Fund Manager are traditionally donated to charity, reported the newspaper.

The company has declined to name the recipient charities.

 

 
remgro  |  richemont
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