Johann Rupert’s long-term investment approach has once again paid off, with his investment vehicle, Reinet Investments, turning a €22 million position in gold into about €80 million over more than a decade.
The Luxembourg-listed company, which forms part of Rupert’s wider wealth structure outside his luxury goods empire Richemont, built the position in 2015 through 230,000 units of SPDR Gold Shares, the world’s largest physically backed gold ETF.
More than ten years later, that decision has delivered a strong uplift in value, showing Rupert’s preference for patient, defensive investments that are designed to preserve wealth through market cycles rather than chase short-term gains.
Reinet valued the holding at about €86 million at the end of March 2026, although recent market movements have reduced its worth to roughly €80 million. Even at that level, the investment remains significantly higher than the €61 million valuation recorded a year earlier.
The gain represents a return of about 264 percent since the original investment was made. While gold has delivered stronger returns over a longer period, Reinet’s position highlights the benefits of a passive investment strategy that required little intervention over more than a decade. Related News Army Airborne graduates charged to deploy specialised skills against security threats Fears for children's safety stall military rescue operations in Borno, Oyo, abductions FG urged to take action to protect Nigerians against Ebola
