Christoffel Wiese

Christoffel Wiese

Christoffel Wiese (#2248)

Global Rank #2248
Country Rank #7
Country South Africa

The business has basically been built on one slogan: Low prices you can trust. Just very, very low everyday prices.

  • $ 2 B
  • retail
  • South Africa
  • M
  • 84 Years

Snapshot

Quick Facts

Global Rank #2,248
Country Rank #7
Net Worth $1.8B
Previous Worth $1.8B
Worth Change +$0.0B
Country South Africa
Industry retail
Age 84 Years
Gender M
Worth As Of May 4, 2026
Residence Cape Town, South Africa
Citizenship South Africa
World Billionaires List South Africa Billionaires retail

Profile Data

Personal Stats

Age 84
Source Of Wealth retail, Self Made
Residence Cape Town, South Africa
Citizenship South Africa
Marital Status Married
Children 3
Education Bachelor of Arts/Science, University of Stellenbosch; LLB, University of Stellenbosch
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $1.8B
Current Net Worth $1.8B

Worth as of May 4, 2026

About Me

Christoffel Wiese built his Pepkor retail empire by offering bargain prices in South Africa, later expanding into other African countries. In 2015, South Africa-based furniture retailer Steinhoff International spent $5.7 billion in cash and stock to acquire Pepkor. He stepped down as Steinhoff chairman in December 2017 after the company disclosed accounting irregularities. Its share price plummeted and Wiese lost his billionaire status. Wiese regained his 9-figure fortune 2022 when he settled his dispute with Steinhoff for cash and stock, including a 5% stake in Pepkor. His most valuable asset is Shoprite, but he also holds stakes in real estate firm Collins Property Group, investment holding company Brait and industrial products distributor Invicta Holdings. In March 2023, Brait spun off food manufacturer Premier Group in an IPO on the Johannesburg stock exchange; Wiese owns about 47% of the shares.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Christoffel Wiese.

#2177
Billionaires (2026)
#16
Africa's Billionaires (2026)
Ranked
Global Game Changers (2017)

Insights

Did You Know?

Wiese's father owned a sheep and cattle farm and a car dealership.

Wiese studied law at Stellenbosch University but switched gears to go into business.

Wealth Growth

Net Worth Growth Over Time

Tracking Christoffel Wiese's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $1.8B (May 4, 2026)

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