South African mogul Christo Wiese-linked Pepkor posts $2.4 billion half-year revenue
In 2014, South African billionaire Christo Wiese sold Pepkor to Steinhoff International in exchange for a 20 percent stake in Steinhoff.
Christo Wiese
South African billionaire Christo Wiese’s Shoprite stake nears $1 billion again
South African billionaire Christo Wiese has seen the value of his stake in Shoprite Holdings, Africa’s largest grocer, surge over the past…
South African billionaire Christo Wiese-linked Shoprite expands on-demand delivery service
Shoprite Holdings, Africa’s largest supermarket chain with over 3,543 stores, counts billionaire Christo Wiese as a major shareholder. His 11.63-percent stake is valued at nearly $1 billion.
South African billionaire Christo Wiese’s Shoprite shares rebound above $900 million
With his Shoprite stake now reapproaching the $1-billion mark, Wiese remains a billionaire, with his net worth likely exceeding $1.2 billion.
South African billionaire Christo Wiese takes $66.3-million hit on Shoprite stake
Despite this setback, Wiese remains a prominent figure among JSE investors and retains his position as one of Africa’s wealthiest businessmen.
Christo Wiese-backed Shoprite joins retailers investing $125 million in startups every five years
Shoprite Holdings is partially owned by South African billionaire Christo Wiese, who holds an 11.63-percent stake in the retailer.
South African billionaire Christo Wiese’s Shoprite employee trust pays out $27 million in two years
Established in May 2022, the SET is a non-vesting, perpetual trust funded with 40 million Shoprite Checkers shares valued at R8.9 billion ($478.07 million).
South African billionaire Christo Wiese’s stake in Shoprite falls below $900 million
After a brief rise in February-March, his stake in Shoprite has declined by more than $60 million, dipping below $900 million.
South African billionaire Christo Wiese gains $46.9 million from Shoprite shares
The recent multimillion-dollar increase in the market value of his stake can be attributed to increased investors’ interest in the retail giant.
South African billionaire Christo Wiese positive on Nigeria, predicts investors’ return
Wiese emphasized that the current withdrawal of foreign investors, including those from South Africa, is a temporary phenomenon.
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.
South African billionaire Christo Wiese loses $30 million from Shoprite stake
Wiese holds a 10.67-percent stake in Shoprite, equivalent to 63,110,920 shares valued at over $850 million.
Shoprite backed by South African tycoon Christo Wiese secures $64 million from Standard Bank
The funding, part of Shoprite’s ongoing expansion initiative, is set to address the anticipated volume and logistics demands for the next decade.
South African billionaire Christo Wiese’s stake in Shoprite slumps by $50 million
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.
South African billionaire Christo Wiese faces $54.7-million loss from Shoprite stake
Wiese’s holdings in Shoprite amount to an 11.58-percent stake, valued at more than $920 million.
South African billionaire Christo Wiese makes $122 million from Shoprite shares
Wiese owns an 11.5-percent stake in the leading supermarket chain, or 68,083,200 ordinary shares.