I do not get involved in businesses that I do not control. Businesses do best if the people who control it have skin in the game.— Christo Wiese
Forbes estimates Christo Wiese’s net worth at around R100 billion.
Christo Wiese owns 15% of Shoprite (Africa’s largest retailer) and 17% of global retail holding firm Steinhoff (owner of Pepkor).
Christo Wiese went to Paarl Boys' High School and studied at Stellenbosch University where he received BA and LLB degrees.
Under Christo Wiese’s leadership, Shoprite grew from a chain of eight supermarkets into the behemoth it is today.
Scroll down for quotes from the video and audio below.
I have no idea whether I’m the third richest person in Africa. People who know how much they’re worth aren’t worth a hell of a lot!— Christo Wiese
My cousin thought there must be a way to provide affordable clothes to poorer people…— Christo Wiese
I was never cut out to be a Number 2 man…— Christo Wiese
In 1981 I bought out the Pep founders’ shares…— Christo Wiese
Whitey Basson and I were friends at university. People used to ask me how I was related to him!— Christo Wiese
Shoprite employs 136 000 people.— Christo Wiese
We bought Shoprite for R1 million. Today it’s worth R100 billion!— Christo Wiese
The jury is still very much out on where it [drones, Amazon, etc.] will end. I don’t lose sleep over it.— Christo Wiese
These perceived crises don’t bother me! My mother taught me to only worry about things you can do something about.— Christo Wiese
How does pessimism help you or anybody else? We got through so much, why won’t we get through this?— Christo Wiese
The world wants South Africa to succeed!— Christo Wiese
I enjoy what I’m doing! I still make a contribution.— Christo Wiese
Pep started as one shop in Upington then grew shop by shop by shop.— Christo Wiese
Recommendedby NEWSROOM AI
Technological advancements have made it possible for new banks to operate and flourish.
The Money Show’s Bruce Whitfield asks Bushveld Minerals founder Fortune Mojapelo to share his success story.
Launched in 2016, The Duchess has won numerous awards and successfully broke into the UK, Belgium and the Scandinavian countries.
We interview one of Africa's richest people about her amazing life and her drive to make a difference by giving back.
From potential tennis pro to Absa’s youngest ever board member; the inspiring tale one of the busiest people in South Africa.
The founder of PSG Financial Services and Capitec Bank is rocking the boat from Stellenbosch to the rest of Africa.
Fransman shared the news on his Facebook post on Tuesday.
Banks will administer interest-free loans on behalf of the South African Future Trust (SAFT), established by Nicky and Jonathan Oppenheimer.
This is up from the 1 280 cases recorded on Sunday 29 March.
The index acts as a kind of barometer as to how South Africans are feeling at any given time.
Eyewitness News reporter Theto Mahlakoana has the full report.
Automobile Association spokesperson Layton Beard says it is good news for essential services providers.
Substances disorder specialist Dr Duncan Laurenson shares what you can do if you are in lockdown with an addict.
Wits senior lecturer Lumkile Mondi is one of the academics and he explains exactly what it is they are calling for.
Ipid spokesperson Sontaga Seisa says their services are available and communities should report any form of misconduct.
Department of Health deputy director-general Dr Yogan Pillay says fieldworkers have been deployed to townships such as Alexandra.