Billionaire Cartier Owner Fears The Rise Of Poor People

Rupert told the people at the conference to not forget that when the poor rise up, the middle classes won’t want to buy luxury goods, lest they expose their wealth. He wasn’t clear on what he considered middle class, but I can assure you I’m not out buying Cartier goods and I’m pretty darn middle class. Rupert went on to say that he’d been reading up on changes in technology in the labor workforce and that combined with recent Oxfam figures said the top 1% of wealthy people now have more wealth than the other 99% combined. He said: Johann Rupert is the richest person in South Africa. His conglomerate owns the luxury brands Cartier, Chloe (OK, full disclosure I am out there buying Chloe), Van Cleef & Arpels, Azzdeine Alaia, and Net-a-Porter,Vacheron Constantin.