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
The concept is not new, or a hipster fad. The Money Show’s Bruce Whitfield interviews Nude Foods founder Paul Rubin.
Our education system is poor, leading to a proliferation of private schools, most which are unaffordable even for the middleclass.
The Money Show’s Bruce Whitfield interviews SPARK Schools cofounder and CEO Stacey Brewer.
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.
Experts say vaginal tears, broken penises and the loss of foreign objects in the body are often seen in the ER
Richard Nwamba will host a new African music show between 16h00 and 18h00 every Saturday.
The Money Show’s Bruce Whitfield interviews Mtongana about her attitude to money (hopes and fears, successes and failures, etc.).
Johannesburg father, Chris says he had just come back from work when he walked in on an employee raping his 17 year old daughter.
A trending Twitter debate has left social media users arguing over whether Winnie the Pooh is a girl or boy.
Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?