Christoffel Wiese Net Worth

What is Christoffel Wiese's Net Worth?

Christoffel Wiese is a veteran business leader from South Africa who has a net worth of $5.4 billion. Christoffel Wiese is one of the richest people in South Africa. Christoeffel Wiese serves as Chairman and the largest single shareholder of Shoprite, Africa's biggest retailer, low-priced supermarket chain. He is also the Executive Chairman of Pepkor, a chain of discount clothes, shoes and textiles, where he holds a large stake. Furthermore, Wiese made a heavy investment in seven publicly traded companies, whose shares has become more valuable over the years.

In 2009, he found himself in an inappropriate situation when $1.1 million in cash was detected in his luggage and confiscated at London City Airport. The considerably big amount of money that he said was "peanuts" to him was finally returned in July 2012. Favorably known as Christo, Wiese restored a farm estate in South Africa, after eventually turning it into both a five-star hotel and wine maker, Lanzerac Manor & Winery. In addition to this remarkable combination of offering bed and wine, Christo also owns wine producer Lourensford Estate as well as a private game reserve in the Kalahari.

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