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Reading: Christoffel Wiese Net Worth
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CityMedia > People > Christoffel Wiese Net Worth
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Christoffel Wiese Net Worth

Jonathan Makhanyah
Last updated: 10/11/2024 2:25 AM
By Jonathan Makhanyah
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What is Christoffel Weise’s net worth?

Christoffel Wiese, a South African businessman with a net-worth of $5.4 billion, is an experienced leader in the South African business world. Christoffel Wiese, a veteran business leader from South Africa, has a net worth of $5.4 billion. Christoeffel Wiese is the Chairman of Shoprite and its largest shareholder. It’s Africa’s leading retailer for low-priced grocery chains. He also holds a significant stake in Pepkor, which is a discount clothing, shoe and textile chain. Wiese also made large investments in seven publicly-traded companies, whose stock has increased in value over the years.

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He was in a bad situation in 2009 when $1.1m in cash in his luggage at London City Airport was confiscated. In July 2012, the money he called “peanuts”, but was actually a considerable amount. Wiese, also known as Christo in South Africa, restored a farm and turned it into a winery, Lanzerac Manor & Winery, a five-star establishment. Christo, who is known for his remarkable bed-and-wine combination, also owns Lourensford estate and a private Kalahari game reserve.

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