Pearls of wisdom from Christo Wiese
29 March 2021

Losing money – any amount – is something no one wants to go through. When Steinhoff fell from grace, many South Africans lost money. By far the biggest loser in the scandal is Christo Wiese. The former Shoprite chairman lost a whopping R60bn in the debacle. “I had to look myself in the mirror. I saw 50 years of my work go up in smoke. I had to ask myself how I’m going to cope with it,’ he said. While most people would contemplate revenge, various crutches or resentment, Wiese had other thoughts.

 

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