Johann Rupert, the second-gen chairman of Switzerland-based luxury watch and jewellery group Richemont, has announced he plans to take a gap year from the family business starting from September.
The 62-year-old has been at the helm of Richemont for 25 years. He told reporters: "I just want to be master of my time for some time, it is ironic someone in the watch business should not be in control of his time."
