Shoprite, linked to South African billionaire Christo Wiese, sees profits soar to $308 million
Wiese, an influential figure in the retail sector, holds an 11.58-percent stake in Shoprite, valued at over $900 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.