Businessman donates salary to charity

2012-06-22 08:06

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.



  • kamohelo.mohudi - 2012-06-22 08:18

    Wow wat a generous indivdual,God surely works through people#two thumbs up and a standing ovation to this guy

  • tednhet - 2012-06-22 08:42

    Fantastic,but sometimes i worry if it is not a tax write off.

      christopher.columbus.3950178 - 2012-06-22 08:44

      who cares, at least the majority of people that work there, pay tax, and do not rely on a small percentage of tax payers to pull the majority of a country through and yet still steal from the people that feeds them..

  • melinda.botha.75 - 2012-06-22 08:47

    Can I give you my banking details as well?

  • erick.mamba - 2012-06-22 08:51

    Thats great Mr Rubert, i hope others will follow suit.Some people have too much money that they have to appoint accounting officers to handle their day to day expenses but still hoarding and unwilling to help the needy.. - 2012-06-22 09:48

      yeah mr mamba, get your comrades in the anc to start as is the old adage "charity starts at home" instead taking more in the form bribes / corruption / fraud / travelgate / e toll / arms deal, sigh sigh...just to name a few.

  • Neutedop - 2012-06-22 09:01

    And still amazing that someone like Julias Malema wants to come after him, and call him the Stellenbosch Mafia. Julias, South Africa need Johan, he does not need South Africa. He can just keep his money in another country. R47 000 000 is a lot to help many charities!

  • ntsika.nkabinde - 2013-01-15 11:52

    you know when you are at the other side of the fence, you become so much powerful without knowing because you command so much respect, but to donate so much money to charity i wouldnt comment on that one) to be honest with you there is a few number of wealthy people on earth and those people run most of the countries,people like malema think they know while they dont, people like Johann Rupert own you behind in many ways if you come to think of it, so malema just relax bcos there is nothing you can do about it

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