On 1 July 2026, Johan Rupert's Remgro finalized the purchase of Mediclinic. The process began in December 2025, but it took months and considerable financial effort to complete.
The purchase gives the South African billionaire a major stake in South Africa's privatized healthcare industry.
Johan Rupert's deal to buy Mediclinic
when there is a deal to buy Mediclinic As announced, Remgro and IHL each agreed to pay $950 million (R15.52 billion) to complete the transaction. In return, each company will get 100% ownership in a private healthcare company in its region.
Previously, Remgro and IHL had split ownership 50-50 between two companies: Swiss-based Hirslanden and South Africa's Mediclinic International.
But as part of the deal, IHL will acquire Remgro's stake in Hirslanden, and Remgro will acquire IHL's stake in Mediclinic.
according to Business Insider AfricaDespite the announcement that Remgro would pay IHL $950 million (R15.52 billion), they paid $947 million (R15.52 billion) to acquire full control of Mediclinic. IHL paid a little more than $1 billion (R18.03 billion) to acquire a 100% stake in Hirslanden.
Johan Rupert's other investments
But it's not just private healthcare where South African billionaires are making their mark.
Through Remgro, Rupert has stakes in dozens of South African businesses, from food to infrastructure.
These include:
| Business | ownership % | InIndustry / Brand |
| Sikalo | 100% | Cuisine: Flora, Rama, Stork, Rondo, Marvelo, Meadowland |
| rainbow | 80% | Food: Rainbow Products |
| RCL Foods | 79% | Cuisine: Selati, 5 Star (maize meal), Yum Yum, Nola, Bobtail |
| omnipresent energy | 75% | Renewable Energy: Energy Exchange of Southern Africa (EXSA) |
| Community Investment Ventures Holdings | 57% | Vumatel, Dark Fiber Africa |
| air products | 50% | Nitrogen, oxygen, hydrogen, argon, carbon dioxide are supplied by pipes to major industrial users. |
| Kagiso Tiso Holdings | 43.5% | Kagiso Media, Jacaranda FM, East Coast Radio, Momentum Group |
| business partners | 40% | Business funding from R50 000 to R50 million |
| Outsurance Group Limited | 30.5% | Insurance |
| total energy | 24.9% | fuel, solar, lubricants |