Business Books

How Christo Wiese became the richest in SA, and how it all came crashing down

The Money Show’s Bruce Whitfield interviewed TJ Strydom, author of “Christo Wiese - Risk And Riches” for his weekly business book review.

Christo Wiese. Picture: Supplied.

The description on Amazon:

Christo Wiese was once the owner of a diamond mine, a wine farm and the most expensive house in Cape Town.

The former chairperson of South Africa's largest retailer and director of the Reserve Bank was the wealthiest person in South Africa.

As a young man, Wiese cut his teeth at Pep Stores.

Over the years he built a mighty business empire, which included Shoprite and several other enterprises.

His recipe for success was: an endless love for cutting deals, a fearless appetite for risk and a keen eye for a bargain.

This man of great charm has never been afraid of sailing close to the wind.

For 50 years these calculated risks paid off, making him one of the most successful businessmen of his generation - until he encountered the furniture group Steinhoff, and things went awry.

Business journalist and writer TJ Strydom tells the story of one of South Africa's best-known business giants in a fresh, engaging way.

For more detail listen to the interview in the audio below.

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
Money and love inspire me to get up at 3am every morning - Leanne Manas

Money and love inspire me to get up at 3am every morning - Leanne Manas

Bruce Whitfield interviews Morning Live anchor Leanne Manas about her attitude to money (hopes and fears, successes and failures).

Why Kruger International is buying Standard Bank

Why Kruger International is buying Standard Bank

Kruger International Asset and Wealth Management's Charl Bester shares his stock picks of the week on The Money Show.

'I’m deeply worried we pretend we don’t know what’s wrong with the economy'

'I’m deeply worried we pretend we don’t know what’s wrong with the economy'

"We pretend as if we don’t know what needs to be done," says Dr Iraj Abedian, CEO at Pan-African Investments and Research Services.

CPS must pay back R316 million to Sassa and Corruption Watch’s legal fees

CPS must pay back R316 million to Sassa and Corruption Watch’s legal fees

Cash Paymaster Services must pay back the money – no appeal is possible, says Sassa spokesperson Paseka Letsatsi.

Julius Malema (and the EFF) spent poor people’s stolen money - Pauli van Wyk

Julius Malema (and the EFF) spent poor people’s stolen money - Pauli van Wyk

They broke the law and spent money stolen from poor South Africans, investigations by Scorpio journalist Pauli van Wyk shows.

Still young(ish)? Entry-level jobs available on Lulaway’s employment platform

Still young(ish)? Entry-level jobs available on Lulaway’s employment platform

Lulaway has placed 30 000 young South Africans in jobs since 2011. Bruce Whitfield interviews its CEO, Jake Willis.

Popular articles
DA to decide if Herman Mashaba will serve his notice period or get cut loose

DA to decide if Herman Mashaba will serve his notice period or get cut loose

It's reported that some senior members of the Democratic Alliance want Mashaba's membership terminated with immediate effect.

'Audit found Mango and Comair planes were signed off by unqualified persons'

'Audit found Mango and Comair planes were signed off by unqualified persons'

The South African Civil Aviation Authority explains some of the findings of its maintenance audit at SAA Technical.

'I want to ensure my money delivers change to as many people as possible'

'I want to ensure my money delivers change to as many people as possible'

Black Business Council president Sandile Zungu on his attitude toward money (hopes and fears, successes and failures, etc.).

'Mbete faced difficult questions. She has done a lot in terms of responding'

'Mbete faced difficult questions. She has done a lot in terms of responding'

Xolani Xala (SA Business Abroad) defends his defence of ANC stalwart Baleka Mbete’s "car crash" interview on Al Jazeera.

[WATCH] Oprah roasts student about his cracked phone, then buys him a new one

[WATCH] Oprah roasts student about his cracked phone, then buys him a new one

Khabazela shares tweets and Facebook posts that have gone viral.

Why Vestact is buying Discovery (JSE), Long4Life (JSE) and Booking.com

Why Vestact is buying Discovery (JSE), Long4Life (JSE) and Booking.com

Portfolio Manager Byron Lotter shares his stock picks of the week with Bruce Whitfield on The Money Show.

[WATCH] Toddler upset that mom didn't give him a goodbye kiss, is so adorable

[WATCH] Toddler upset that mom didn't give him a goodbye kiss, is so adorable

Khabazela shares tweets and Facebook posts that have gone viral.

[WATCH] Boy explaining what he heard when parents had sex goes viral

[WATCH] Boy explaining what he heard when parents had sex goes viral

Khabazela shares tweets and Facebook posts that have gone viral.