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Culture Corner: Generational Wealth, Passing a Legacy Onto the Next Generation

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Johann Rupert’s son, Anton Rupert, is set to take over the family’s R209 billion business empire, including control over Richemont, Remgro, and Reinet. Johan’s wealth stems from his father’s, Anton Rupert’s, business endeavours. He founded the Rembrandt Group, which dominated the South African cigarette and tobacco industry. In today’s culture corner we discuss how to pass on generational wealth to the next generation. Lerato Mbele was in conversation with Viv Govender, Senior Analyst from Randswiss and Ntsika Ntsokololo, Sasfin Wealth Equity Analyst.

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POWER Talk is a mid-morning talk show that delves deeper into the news of the day, along with larger 
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