Richemont’s Rupert rewards top brass after record profit
Switzerland-based luxury goods group reports annual profit rising 34% to €5bn
04 June 2023 - 16:19
Top brass at Johann Rupert-controlled Swiss luxury goods group Richemont, particularly the company’s CFO Burkhart Grund, were rewarded handsomely after the group posted a record profit of €5bn in the year to end-March.
March-Richemont’s sales in the year under review reached a record high of €20bn, a 19% year-on-year increase. ..
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