Wiese, a South African billionaire who played an instrumental role in Shoprite’s growth, owns 11.63 percent of the company.
Christo Wiese
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Their prowess has not only caught the attention of Western retailers seeking new avenues for growth but has also steered the course …
- Southern Africa
Shoprite, linked to South African billionaire Christo Wiese, expects sales to surpass $12 billion
Wiese’s 11.63-percent stake in Shoprite is worth $952 million, cementing his position as one of the leading investors on the Johannesburg Stock …
- Southern Africa
South African billionaire Christo Wiese’s Invicta broadens global footprint with Imexpart takeover
As the chairman of Invicta, Wiese controls a significant ownership stake of 19.23 percent in Invicta Holdings.
- Southern Africa
South African billionaire Christo Wiese’s Invicta acquires 50-percent stake in Singapore’s KMPFE
Wiese controls a significant ownership stake of 19.23 percent in the Johannesburg-based investment holding company.
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These stakes contribute to Wiese’s expanding wealth and reinforce his position as one of Africa’s most influential business figures.
- Southern Africa
South African billionaire Christo Wiese’s Brait injects fresh capital into Virgin Active
Back in 2015, Brait, under the leadership of Wiese, acquired an 80-percent stake in Virgin Active for $862.8 million.
- Southern Africa
South African billionaire Christo Wiese’s Invicta stake skyrockets, nearing $30 million
Wiese owns a substantial 19.23-percent stake in Invicta Holdings.
- Southern Africa
South African billionaire Christo Wiese secures green light for lawsuit to reclaim wine estate
This approval comes nearly two years after Wiese initiated legal proceedings against the disgraced tycoon.
- Southern Africa
Billionaire Christo Wiese-linked retailer files for Dutch court approval for debt restructuring
Wiese-linked retailer Steinhoff files for Dutch court approval for debt restructuring as it looks to regain stability.