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"Where I come from, we have a saying--cowboys don't cry, " was the reported response from Richemont's South Africa-born chairman, Johann Rupert.
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Johann Rupert also owns stakes in investment holding companies Remgro and Reinet.
FORBES: The African Billionaires 2013
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The Trilantic spin out was linked to South African billionaire Johann Rupert and Alan Quasha, a former business partner of convicted bank fraudster Hassan Nemazee.
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Saracens are now part-owned by a South African consortium led by businessman Johann Rupert, whose daughter Caroline is on a board of directors including ex-Springboks Francois Pienaar and Morne du Plessis.
BBC: Saracens deny influx of SA stars
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South African billionaire luxury goods tycoon Johann Rupert has announced that he will take a 12-month sabbatical from running Richemont, the Swiss-based luxury goods giant he founded, Reuters has reported.
FORBES: Johann Rupert, Billionaire Boss Of Richemont, To Take One-Year Sabbatical
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Padraig Harrington and Ross Fisher will resume the successful partnership they forged in Wales over the weekend, while Westwood plays alongside Northern Ireland's Rory McIlroy and has tournament chairman Johann Rupert as his partner.
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