Christoffel Wiese Net Worth is$3,700 $Million
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Birth Date: 1941/9/10

Birth Place: South Africa

Residence: Brackenfell, Cape Town, South Africa

Nationality: South Africa

Known For: For being a self-made millionaire in the consumer retail industry during Africa's formative years

Occupation: Businessperson

Christoffel H. Wiese, BA, LLB (born September 10, 1941) is a veteran business leader from South Africa. His source of wealth is consumer retail. Wiese attended the Stellenbosch University in Stellenbosch, South Africa and was a resident there. His matriculation was spent at Paarl Boys' High School in the Western Cape region of South Africa.
Wiese is married and has three children.
Wiese is worth $3.1 billion and is the Executive Director of South African retail giant Shoprite (JSE: SHP). Other known accomplishments in Christoffel's career includes being a chairman of Invicta Holdings Limited (but without executive powers) starting in 2006. Wiese has become the 11th most successful businessman in his chosen fields of industry (accounting, banking, finance, consumer goods, fashion, and retail) and the 69th most successful person in South African history.
Under his leadership, Shoprite started out as a chain of eight supermarkets in Cape Town that was purchased for 1 million Rand (equivalent to $122,000 USD) which eventually blossomed into the multi-billion dollar business status it enjoys today thanks to various acquisitions and innovative expansion strategies made in the first 30 years of operations. After playing a role in helping Shoprite acquire distributor Senta, Wiese started expanding his business into franchising new locations for Shoprite department stores. He also purchased the struggling OK Bazaars from South African Breweries for one rand in 1997; inserting 157 supermarkets and 146 furniture stores to the company and adding jobs to the area. In 2011, Wiese's Shoprite stores were considered to be the sixth overall favourite brand, with a third most valued brand in terms of community upliftment in South Africa. In addition to Shoprite, Christoffel owns more than 1200 corporate outlets under various names. Shares of Shoprite have skyrocketed by 50% on the South African national stock market from March 2011 to March 2012; leading to Wiese making a hef

Christoffel Wiese Latest News

Christoffel Wiese: Meet the owner of Shoprite (Surprising details)

But the question is still in the air – who is the owner of this massively successful company?‘ Lailans, meet the owner of Shoprite, Mr Christo Wiese, a South African Billionaire. The outlets of the company The journey of Shoprite in Nigeria began ...
Posted: June 5, 2017, 1:02 pm

The Silence Of The Media And Politicians On The Criminal Cash Stash Of Shoprite Chair Christoffel F. Wiese

Dear readers, please close your eyes for a second and imagine the following: a prominent black businessman is found with over R14 million cash at Heathrow airport. When the police asks him where he got the money from he says it’s from diamond dealings he ...
Posted: April 20, 2016, 3:33 am

SA Billionaire Christoffel Wiese Bullish On UK, May Have More Takeovers Planned

South Africa’s third-richest man, billionaire Christoffel F. Hendrik Wiese, just dropped more than $1 billion for the U.K.’s New Look fashion chain, and he’s not done yet. His fortune is estimated to be 3.5 billion pounds ($5.5 billion US), according ...
Posted: May 16, 2015, 6:00 pm

See the top 10 richest Men in Africa (Pics, VIDEO + worth)

His capital is about $5,1 billion now. Christoffel Wiese is a rich and at the same time scandalous person in Nigeria. The South African investor who makes capital investments in the companies on gold mining and diamonds has run into debt to the government ...
Posted: January 17, 2017, 10:38 pm

Dangote still Africa’s richest man as net worth falls to $12.2b

Retail magnate South African Christoffel Wiese ranked 269th with a worth of $5.6 billion. South Africa retains its dominance on the Africa list and is tied with Egypt for the largest number of individual billionaires. Only two female billionaires in Africa ...
Posted: July 29, 2017, 12:40 am
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