{"id":67741,"date":"2021-03-15T10:45:46","date_gmt":"2021-03-15T10:45:46","guid":{"rendered":"https:\/\/southafricaportal.com\/?p=67741"},"modified":"2021-03-15T10:45:46","modified_gmt":"2021-03-15T10:45:46","slug":"christo-wiese","status":"publish","type":"post","link":"https:\/\/southafricaportal.com\/christo-wiese\/","title":{"rendered":"Biography of Christo Wiese: Age, Wife, Family & Net Worth"},"content":{"rendered":"

Christo Wiese: Biography of Christo Wiese, Age, Wife, Family & Net Worth,<\/em><\/strong><\/span><\/p>\n

Christo Wiese (born 10 September 1941) is a South African businessman and former billionaire. The source of his wealth is consumer retail, and he is one of the richest men in South Africa<\/strong>.<\/p>\n

His popularity in the world of business grew after he joined Pepkor Stores. The business tycoon has gained over fifty years of business experience, and he has also built a huge business empire and other enterprises.<\/p>\n

\"Christo<\/a><\/p>\n\n\n\n\n\n\n\n\n\n
Full Name<\/th>\nChristoffel F. Hendrik Wiese<\/td>\n<\/tr>\n
Date of Birth<\/th>\n10 September 1941 (79 years old)<\/td>\n<\/tr>\n
Gender<\/th>\nMale<\/td>\n<\/tr>\n
Spouse<\/th>\nCaro Wiese<\/td>\n<\/tr>\n
Occupation<\/th>\nBusinessman<\/td>\n<\/tr>\n
Nationality<\/th>\nSouth African<\/td>\n<\/tr>\n
Net Worth<\/th>\n$742 million (2017)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Christo Wiese Age<\/h2>\n

He was born on the 10th of September 1941\u00a0in\u00a0<\/span>Upington, South Africa. As of 2020, he is 79 years old.<\/p>\n

<\/span>Christo Wiese Wife<\/h2>\n

Wiese is married to Caro Wiese and together they live in Cape Town and have three children namely \u2013 Jacob, Christiana, and Clare.<\/sup><\/p>\n

Jacob Wiese\u00a0works for Pepkor and is expected to take over from him when he retires.<\/p>\n

<\/span>Education<\/h2>\n

He had his secondary school education at Paarl Boys\u2019 High School in the\u00a0Western Cape\u00a0region of South Africa. Wiese graduated from Stellenbosch University where he received BA and LLB degrees.<\/p>\n

<\/span>Net Worth<\/h2>\n

According to Forbes, Christo Wiese has an estimated net worth of around $744 million (November 2019).<\/p>\n

PROFESSIONAL DETAILS<\/b><\/p>\n

CURRENT POSITION(S)<\/b><\/p>\n

    \n
  • Non-Executive Chaiman | INVICTA HOLDINGS LIMITED<\/li>\n<\/ul>\n

    2006 \u2013 present<\/p>\n

    Accounting, Banking and Finance<\/p>\n

      \n
    • Chair | Pepkor Limited<\/li>\n<\/ul>\n

      1981 \u2013 present<\/p>\n

        \n
      • Consumer Goods, Fashion and Retail<\/li>\n
      • Director | Lenco Holdings Limited<\/li>\n
      • Chairperson | Pepgro Limited<\/li>\n
      • Executive Chairman | TRADEHOLD LIMITED<\/li>\n
      • External Director | SASOL LIMITED<\/li>\n
      • Director | KWV<\/li>\n
      • Owner | Lanzerac Manor & Winery<\/li>\n<\/ul>\n

        Stellenbosch<\/p>\n

        Consumer Goods, Fashion and Retail<\/p>\n

        Chair | Brown & Jackson plc<\/p>\n

          \n
        • Independent Non-Executive Director | AFRICAN DAWN CAPITAL LIMITED<\/li>\n<\/ul>\n

          South Africa; Accounting, Banking and Finance<\/p>\n

            \n
          • Independent Non-Executive Director | PSG GROUP LIMITED<\/li>\n<\/ul>\n

            Accounting, Banking and Finance<\/p>\n

              \n
            • Chair | SHOPRITE HOLDINGS LIMITED<\/li>\n
            • Director | Co-Operative Winegrowers of SA<\/li>\n
            • Chairperson | BoE (Pty) Ltd<\/li>\n
            • Director | Titan Financial Services<\/li>\n
            • Chairperson | Smart Centre Holdings<\/li>\n
            • Director | Monex Group of companies<\/li>\n
            • Chairperson | Industrial Development Corporation of South Africa Limited<\/li>\n
            • Director | Metropolitan Life Limited<\/li>\n
            • Chairperson | Orion Selections Holdings Limited<\/li>\n<\/ul>\n

              PREVIOUS POSITION(S)<\/b><\/p>\n

                \n
              • Executive Director | Pep Stores (1967 \u2013 1973)<\/li>\n<\/ul>\n

                EDUCATIONAL HISTORY<\/b><\/p>\n

                TERTIARY<\/b><\/p>\n

                  \n
                • University of Cape Town<\/li>\n<\/ul>\n

                  Bachelor of Arts<\/p>\n

                    \n
                  • University of Stellenbosch<\/li>\n<\/ul>\n

                    Doctorate \u2013 Commerce honoris<\/p>\n

                    ACHIEVEMENTS<\/strong><\/p>\n

                    AWARDS<\/strong><\/p>\n

                      \n
                    • Diagonal Strategic Communicator of the Year<\/li>\n
                    • Marketing Manager of the Year | Institute of Marketing Management<\/li>\n
                    • Business Leader of the Year | Cape Town Sakekamer<\/li>\n
                    • Pioneer of the 20th Century Award | South African Council of Shopping Centres<\/li>\n
                    • MS Louw Award for Exceptional Business Achievements<\/li>\n<\/ul>\n

                      OTHER ACHIEVEMENTS<\/p>\n

                      Intellidex Richest Men in South Africa List | 2012<\/p>\n

                      <\/span>5 Things You Should Know About Christo Wiese<\/h2>\n
                        \n
                      • Christoffel Wiese built his Pepkor retail empire by offering bargain prices in South Africa and expanded into other African countries.<\/li>\n
                      • In 2015, South Africa-based furniture retailer Steinhoff International spent $5.7 billion in cash and stock to acquire Pepkor.<\/li>\n
                      • Wiese stepped down as chairman of Steinhoff International in December 2017 after the company disclosed accounting irregularities.<\/li>\n
                      • He also owns 18% of publicly-traded Shoprite Holdings, which has supermarkets and furniture stores in 15 countries across Africa.<\/li>\n
                      • His other assets include stakes in private equity firm Brait, industrial products company Invicta Holdings and mining-sector investor Pallinghurst.<\/li>\n<\/ul>\n