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Johann Rupert Sells Hermanus Estate at Record-Breaking Price
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Johann Rupert Sells Hermanus Estate at Record-Breaking Price
It was not just another luxury property sale. When Johann Rupert's oceanfront estate in Hermanus quietly changed hands, it rewrote the record books for one of Africa's most exclusive coastal addresses, and sent a signal that the Western Cape's high-end property market is operating at a different level entirely.Rupert, the billionaire chairman of luxury goods giant Richemont and one of the most closely watched names in global business, had long b…
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