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Christoffel Wiese Net Worth

How rich is Christoffel Wiese?

Christoffel Wiese net worth:
$5.4 Billion

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Christoffel Wiese net worth, biography and wiki:

His supply of riches 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 area of South Africa.

Other known achievements in Christoffel’s career includes being a chairman of Invicta Holdings Limited (but without executive powers) beginning in 2006. Wiese is now the 11th most successful businessman in his chosen areas of business (accounting, banking, finance, consumer goods, trend, and retail) as well as the 69th most successful man in South African history. Under his direction, Shoprite started out as a chain of eight supermarkets in Cape Town which was bought for 1 million Rand (equal to $122,000 USD) which eventually blossomed into the multi-billion dollar company status it enjoys now thanks to various acquisitions and progressive growth strategies made in the first 30 years of operations. After playing a part in aiding Shoprite get vendor Senta, Wiese began expanding his company into franchising new places for Shoprite department stores. He also bought the fighting OK Bazaars from South African Breweries for one rand in 1997; fitting 157 supermarkets and 146 furniture stores to the business and adding jobs to the region. In 2011, Wiese’s Shoprite shops were regarded as the sixth entire favourite brand, having a third most valued brand when it comes to community upliftment in South Africa. Along with Shoprite, Christoffel possesses more than 1200 corporate factory outlets under various names.

Christoffel Wiese Net Worth $3.1 Billion Dollars


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