
South African billionaire Christo Wiese returns to diamond mining roots
The 82-year-old South African businessman’s journey in the diamond industry began in 1976 when he purchased a mine along the Orange River.
The 82-year-old South African businessman’s journey in the diamond industry began in 1976 when he purchased a mine along the Orange River.
The funding, part of Shoprite’s ongoing expansion initiative, is set to address the anticipated volume and logistics demands for the next decade.
Wiese owns an 11.5-percent stake in the leading supermarket chain, which translates to a total of 68,083,200 ordinary shares in the group.
Wiese’s holdings in Shoprite amount to an 11.58-percent stake, valued at more than $920 million.
From transforming Shoprite into a retail giant to reshaping the grocery market, Basson’s enduring impact reverberates across various sectors.
Wiese’s holdings in Shoprite amount to an 11.58-percent stake, valued at over $780 million.
Wiese, an influential figure in the retail sector, holds an 11.58-percent stake in Shoprite, valued at over $900 million.
Basson’s tenure at the helm of Shoprite marked a remarkable era that redefined the retail landscape through innovative strategies.
Wiese, a South African billionaire who played an instrumental role in Shoprite’s growth, owns 11.63 percent of the company.
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 Exchange.
These stakes contribute to Wiese’s expanding wealth and reinforce his position as one of Africa’s most influential business figures.
Wiese’s stake in Shoprite is worth over $900 million.
Wiese owns 11.63 percent of Shoprite Holdings, Africa’s largest retailer.
Wiese owns 11.58 percent of the leading retail group.
Bekker owns 11.63 percent of Shoprite.
Wiese holds an 11.58-percent stake in Shoprite worth $862.4 million.