he presiding boss of Richemont, Johann Rupert, is a rumbustious, “thick-skinned…streetfighter”, according to friends. But is he really a “godfather-like” autocrat, as alleged by the activist hedge fund, Bluebell, at a tense AGM in Geneva earlier this month? Submitting resolutions to shake up governance at the Swiss luxury group – where the Rupert family holding company owns just a 9.1% stake but 50% of the voting
The Buffett of luxury goods
Sep 23, 2022
2 minutes
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