The 73yearold south african retail billionaire is musing on the threat to his african. Clare wiesewentzel shares an interview with her father south african retail tycoon christo wiese on what defines happiness, what doesnt matter and what keeps him grounded renowned south african businessman christo wiese father of the author of this article, a few years ago ok, if i were to give away my age and be brutally honest, i would confess it was about 14 years ago. The bestselling books in south africa june the reading. When david and goliath go and start in a new country, they are both the same size, says christo wiese. Christo wiese, the billionaire bargain hunter from africa. Hes known as mr shoprite, the brains behind africas largest retailer, and hes learnt many lessons on the way. The rest of the country is waiting for the 2017 steinhoff international results the group. Christoffel wiese built his pepkor retail empire by offering bargain prices in south africa, and expanded into other african countries.
Christo wiese has announced that his titan group is suing steinhoff for r59 billion to recover money invested in the company in 2015 and 2016. Since acquiring pep stores, he has built an impressive business empire which includes shoprite and a number of other companies. Hunkered down at his holiday home in the harbour town of yzerfontein, near cape town, he. Strydom notes that when benjamin weise junior left the netherlands for a new life in 1712 he probably didnt think that his greatgreatgreat grandson, christo, would make a fortune from a business. Jacob wiese age, baby, wife, wedding, parents, instagram. And the book is good for the entire family, with stirring biographies on all the members of the the fontaine family. The tax assessment for wiese is the largest in south african history and potentially makes wiese the largest individual tax. Johann was born on august 22 1828, in culmsee 53 11 n 18 37 e, torunwest prussia, kujewskopomorskie, poland. South africas third richest man, christoffel wiese, is the chairman and the largest single shareholder of africas biggest retailer, lowpriced supermarket chain shoprite.
In later interviews wiese said the resignation was totally. The chairman of shoprite holdings, dr christo wiese, says that attempts to find practical solutions to our social and economic challenges have been futile simply because the wrong questions. Raymond has a genuis and eloquence that only a life of meditation can offer. South african magnate with thirst for the uk high street.
Christo wiese has never shied away from a risky business deal. Christo is happily married to his wife caro wiese, and their marriage is blessed with three children jacob, christiana and clare. Wiese plays it by the book with parliament and clarifies. Christo wiese, the billionaire bargain hunter from africa, is on the prowl following his acquisition of new look, mr weise could rival arcadias philip. And in recognition of his contribution to the south african business landscape, christo wiese was given a lifetime achievement award at the sunday times top 100 companies event. Debeers diamonds chair nicky oppenheimer, retail mogul christo wiese, the ackerman family trust which holds a stake in pick n pay holding, ceo adrian gore and barry swartzberg were among rich. My father, christo wiese, on what defines happiness, what. Analysis in this extract from christo wiese risk and riches, wiese is told about the accounting problems at steinhoff that started the collapse of the companys share price and the. Fifty years of risktaking in the business world paid off and made. Forbes estimates christo wieses net worth at around r100 billion. Research shows that there was a koopman in wieses ancestry. Jannie mouton, christo wiese, and the rising threat of trade war 3rd may 2018 3rd may 2018 by felicity duncan on wednesday, psg founder jannie mouton published a letter to shareholders disclosing that he has earlyonset dementia. In 2015, south africabased furniture retailer steinhoff. Michael wiese was born circa 1863, at birth place, to johann michael wiese and emilia wiese born tessmann.
Its a crisp tuesday morning in parow industria when we sit down with billionaire businessman dr christo wiese at pepkors head office. Cape town a bid of r90m on behalf of clare wiese, daughter of billionaire businessman christo, for a luxury 6bedroom house in clifton, cape town, has set a new record for residential property bought on auction in south africa. The wiese family can trace their roots back to the cape in the 1700s. Wiese plays it by the book with parliament and clarifies taxhaven remark steinhoff shareholder christo wiese says he has a company in the british virgin islands but it is subject to tax in sa bl. Posts about my world written by clare wiesewentzel. International it was a tense weekend for christo wiese, the chairman of steinhoff international holdings. The family by chris johnston and rosie jones, is a thorough investigation into ann hamiltonbyrne, a cult leader and messiah in her own mind, who initiated what later became known as the family, a cult in the eildon area of victoria, australia.
Steinhoff chairman christo wiese resigns amid accounts. Moja love donates r200,000 to vinolia mashegos family. He also owns a large stake in discount clothes, shoes and textiles chain pepkor, where he is executive chairman. Christo wiese has resigned as chairman of the supervisory board of steinhoff international, the south africabased retail conglomerate that is. Jacques pauw, city press johannesburg the thirdrichest man in the country, billionaire shoprite boss christo wiese, owes the taxman an estimated r2bn in unpaid taxes. He has tried his hand at politics and has bought diamond mines, banks and wine farms.
Why billionaire christo wieses retail vision faces hurdles. Meet shoprites christo wiese, ruler of retail and 3rd. Rising from the dusty town of upington, dr christo wiese has made billions and lost a few. Use features like bookmarks, note taking and highlighting while reading steinheist. This is the first time ive been sued by sars article lameez omarjee 22 jul 2018 businessman christo wiese maintains his tax affairs are in order and says this is the first time he has. Jacob is the eldest of christos children, and he is also a south african businessman while christo wiese daughter, clare wiesewentzel is a lifestyle blogger, television presenter and writer. Just under half the 332million new shares will go to a firm controlled by a family trust of billionaire investor christo wiese. Despite christo wieses highly public runin with the british authorities, it is business as usual, writes heather formby. Chairman wiese set to gain from steinhoff share issue. Christo has once been reported to have a wealth index of r32 billion in april, the billionaire confirmed that he was selling two of his familys private planes. Download it once and read it on your kindle device, pc, phones or tablets. R90m clifton mansion for christo wieses daughter fin24. Enter your email address to follow this blog and receive notifications of new posts by email. The steinhoff crash wiped more than r200billion off the johannesburg stock exchange, erased more than half the wealth of tycoon christo wiese and knocked the pension funds of.
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