How Shoprite Chairman Christo Wiese made his billions

In this CNBC Africa Special, Lindsay Williams finds out how Christo Wiese became South Africa's richest man, what makes him tick and how he sees opportunities.

[@zamakhumalo3773]

I am glad we are stopping our hostility and opening up to getting ideas and learn from every white successful business person in South Africa. Let’s learn and make SA and Africa better. Let’s identify and use opportunities.

[@Camcentral4532]

Developing people is a better way of enriching people than just dishing out money, Amen to that.

[@victoriouscreations4450]

Everytime I come across a very helpful video like this,The number of views is way too little.only useless videos are trending out there. Thanks for the motivation Sir. I wish I can buy you lunch.Alot has been learnt here.

[@Sinako_Mxabo]

That's part of life. We are interested in things that we not supposed to be interested in

[@RamonThomas]

There are several gems in this interview 1) job creation 2) opportunity spotting 3) choose who leads your companies carefully

[@markedmayr3108]

CNBC thanks for the re-upload Think about getting more interviews with successful South Africans; would be #1

[@thamsanqanyezi8759]

I’m here taking notes and learning.

[@nkululekomyeza306]

Very sad that few south Africans will ever get a chance to listen to this. Majority of South Africans listen to politicians more which have nothing beneficial to say. What a conventional!!

[@ghostwriter991]

Politicians are for the weak they shelter them from their mistakes

[@PMJugwunth]

Shoprite has nearly always offered the best prices to the public. That goes to say a lot about this company and the people who drove and are driving it.

[@susanswartz5747]

Thank you for sharing this video .. Kobus Wiese is a fantastic person..Thank you for Checkers andI love Pep Stores...

[@M1ke22]

Thanks for reupload!

[@DarlingtonMadzivire]

On 29 August 2024 I'm going to be getting interview about my success in business and life. So help me God!

[@jamesasteria]

How's it going so far, 1 year later ?

[@tawandatsomondo7769]

Ndeipi Bigaz..ndiripo mfanha wenyu to run around and make sure it works for you..

[@nhlakamthethwa916]

IN 2030 ILL BE WORTHY AROUND 130 MILLION, INSHALLA

[@munaropambayi1876]

2 cows and 3 goats so far, very soon he will be there

[@kudakwasheshambare458]

1 year to go

[@mollycurry6717]

You are utterly amazing ...continue please.

[@jozendemula8561]

awesome interview

[@chatukumatata7779]

Thanks sir for your First class marketing services you have made development across Africa and your goods are quality I wish to see your shoprite in England

[@lesegokgokane4566]

So helpful.❤️

[@victoriouscreations4450]

9:44.Good point sir

[@helenanepembe4369]

My Fav😍

[@janbrockschlager4913]

Mrs Jane is legit and her method works like magic I keep on earning every single week with her new strategy

[@legitychibest6393]

@Frank William She's quite an established expert, I wouldn't want to leave her info on here as it's public platform, but since you're requesting, you can chat her on

[@legitychibest6393]

+1

[@legitychibest6393]

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[@legitychibest6393]

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[@legitychibest6393]

(6446)

[@jenniferdonovanmurray2567]

Isn't this the parent Company of Freedom, Furniture Fantastic and Plush ? Interesting to see what happens in Australia.

[@bobbybellingham2074]

Marcus Jooste: ''Hold my beer''

[@DinoRenald]

LmAo don't bring an ant into elephants talk!

[@dewaldtfourie4241]

The thing about being this wealthy is very complicated because people think they enjoy what they have all the time, the truth is they don't because they are married to their career it takes 24/7 commitment and hands on responsibilities. I am inside the mind of a billionaire and I can tell you exactly what they think and where they want to be.

[@Boutit031]

Mnr you said a mouthful 👍

[@bonganipendros]

Dewaldt Fourie it also take land theft, killing of natives and an apartheid state.

[@sbuyiselosandile7977]

Netflix is sleeping on this story

[@mthokozisimyende787]

Smart guy

[@nozikhumalo8076]

Take notes and learn! Negativity and entitlement attitude will get us nowhere. South Africa is open for business.

[@ericcastle7296]

HE EARNED HIS DAILY BREAD

[@chrislewis2096]

Greetings to all shoprite workers.

[@chrislewis2096]

Great innstration with expect Sandra Jonas is all about how to earn massively on bitcoin.

[@lucasamelia3460]

It's strange how people talk about all the profits, they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path.

[@kivinjacob2325]

Making money is the plan and with Bitcoin Investment your plans can be fulfilled.

[@kivinjacob2325]

You can still be working and grow your wealth on bitcoin.

[@evelynoscar2047]

Trading with an expert in the field is the best, have been making a huge returns from my investment since I met Sandra Jonas Cooper one of the best in crypto currency investment.

[@bradleyroman8311]

Why was Edgar's not an option for Pepkor

[@jozilinmazandile1154]

If politiians create jobs for us it will be better off than fighting over some huge amounts of monies they never worked for. This guy inspired me and make it living history instead of dying history like the current times we are living on. So simple plain mind with effort and hard work pays. I salute you sir, so many families you gave bread on table also development of a skill🙏👍

[@rashiedahsamsodien7626]

Trying to get hold of Christo Wiese

[@svmclever]

The glory of a man withers like grass, don't glorify another man. What's happening now with Christo Wiese?

[@warriors4god587]

Nicky Oppenheimer is probably the richest in South Africa, however the richest South Africans made their money abroad such as Elon Musk ($22 B), Patrick Soon-Shiong ($8 B), etc.

[@ghostwriter991]

Please name others please

[@ryankanhema7329]

You heard for yourself.... Most rich people have assets

[@ghostwriter991]

What types though

[@Bob_Ugee]

8:45

[@lungelombatha2394]

When was this interview?

[@thandasibisi7534]

Lungelo Mbatha Long ago but certainly before the Steinhoff scandal, Wiese used to be a dollar billionaire worth about $6billion before the Steinhoff scandal. He lost most of his fortune and is now estimated to have a net worth of anout $800 million.That is still very very wealthy but well outside being “the richest person in South Africa.

[@lungelombatha2394]

@@thandasibisi7534 oh that's quite interesting. He's still pretty rich though lol

[@fanelemabaso2514]

@@thandasibisi7534 be is back now, $1.6 billion. Too old to repeat the magic. But what happened to him should be a lesson to us all.

[@nicofameliaris5923]

I have assets in Heaven

[@whitehavenfoundation8127]

WHITE-AFRICAN WITH A VISION FOR AFRICA IN TERM OF BUSINESS I

[@gtfoh5423]

shame guys yazi its safe to say that this dude has no political ambitions can u imagine the PR team trying to spin the " in 1985 and 86 alot of street protests and burning tires... i havent noticed anything" #whatwhiteprivellage?

[@buyanifakudze3489]

Haha...it could be seen in many ways. My first reaction was that he meant he never felt unsafe or considered going to Australia

[@phumelelengcobo9821]

Behold a rich man . Yet his employees on the ground level are on the brink of poverty . Nci nci nci

[@TshwareloMasweu]

Exactly! Except shouting the loudest about "their cheapest prices", what is shoprite doing for the black communities that are supporting it? No burasaries, no community upliftment programs, nothing dololo!

[@annavermmaak2649]

I was wondering,why is there no white staff working in Checkers.

[@KB-jx1xx]

BBBEE points.

[@mbulelozulu7963]

Rubbish 😐😐😐😐😐 Shoprite is usually in black neighbourhoods and serves black customers and tastes

[@annavermmaak2649]

@@mbulelozulu7963 nonsense, there is many shoprite shops in white areas also.

[@mbulelozulu7963]

@@annavermmaak2649 your argument is contrived, Im aware that there are white customers in Shoprite. let me ask you this,? why aren't there white maids😕 aren't there poor white who could benefit from those jobs? or maybe white people aren't clean/ or can't clean

[@godfreyberry1599]

Still taking advantage of apartheid whichever way it swings!.

[@petersmangalisongoma2013]

Your poverty is your own fault... 25+ years after democracy, you still shift the blame... you and your offspring are doomed Hard luck Mnr Wiese on the Steinhoff calamity. You are an inspiration

[@maxine6933]

unfortunately we have been programmed to always blame others for our failures. government needs to introduce entrepreneurial and financial literacy subjects in grade 1 all the way to grade 12.

[@ghostwriter991]

@@maxine6933 google will teach you as well as books

[@haroldgarb9115]

P

[@markusgerber9976]

If everyone is rich no one will be.

[@sivuyilecelu1876]

Mxxxxm.....i used to work at Shoprite but you do not highlight that you under pay , nonsense money, that is beyond exploitation you can never imagine......and yet we celebrate those poeple damn the world is upside down......those guys they make profits by under paying stuff.....taking advantage of job scarcity in South Africa One day those shops will burn..

[@dantedt3931]

Yet everyone praises them as if they’re geniuses.😤They exploit employees, it’s called ‘Modern Slavery’

[@elizeleroux6388]

How Christo made his money is his business he looks after after your people so look at the government today and leave the few white business men alone