Christo Wiese-linked retailer Steinhoff plummets by over $38 million as shares hit record low
Wiese is a South African billionaire and retail tycoon.
Christo Wiese
Forbes list reveals 19 African billionaires, up from 18, despite $3.1-billion wealth dip
African billionaires continue to symbolize the continent’s economic growth.
South African billionaire Christo Wiese’s stake in Shoprite jumps $67 million in 16 days
Wiese owns 11.63 percent of Shoprite Holdings, Africa’s largest retailer.
Christo Wiese-linked retailer, Steinhoff, gains 13-percent after market cap sheds $270 million
Wiese is a South African billionaire and retail tycoon who played a key role in the growth and expansion of Shoprite.
Christo Wiese-linked retailer Steinhoff loses $271.7 million on news of debt maturity extension
Wiese is a South African billionaire and retail tycoon.
South African billionaire Christo Wiese-linked Shoprite to open 275 new stores
Wiese owns 11.58 percent of the leading retail group.
South African billionaire Christo Wiese-linked Pepkor posts $353 million in profit in 2022
In 2014, Wiese sold Pepkor to Steinhoff International in exchange for 20 percent of Steinhoff’s issued shares.
South African billionaire Christo Wiese-linked Premier reveals plans to list on JSE
Premier Group operates under the banner of Brait SE.
South African billionaire Christo Wiese-linked Shoprite posts strong sales in Q1 2023
Wiese owns 11.58 percent of the company, valued at over $860 million.
South African billionaire Christo Wiese gains $34 million in seven days
Bekker owns 11.63 percent of Shoprite.
South African billionaire Christo Wiese to pocket $13 million in Shoprite dividends
Wiese owns an 11.58-percent stake in Shoprite.
South African billionaire Christo Wiese-linked retailer Shoprite posts $334 million in profit in 2022
Wiese holds an 11.58-percent stake in Shoprite worth $862.4 million.
South African billionaire Christo Wiese’s Brait SE moves to list food business, Premier
The listing will take place as soon as more favorable stock market conditions permit.
Christo Wiese-linked retailer Steinhoff says investors will wait until 2023 to receive $1.62-billion settlement
In 2017, Wiese was Steinhoff’s largest shareholder.
South African tycoon Christo Wiese receives $463.1-million settlement from Steinhoff
Wiese received $198.5 million in cash and a five-percent share in Pepkor.
Christo Wiese-linked retailer Steinhoff starts payouts under $1.62-billion settlement
The move comes nearly three weeks after it received approval from a Cape Town high court to pay the investors.