South African billionaire Christo Wiese unlocks $61 million from Shoprite stake while retaining voting power
Billionaires Africa | 11.05.2026 19:54
Christo Wiese has found a way to pull about R1 billion ($61 million) out of his Shoprite investment without giving up the vote. The South African billionaire executed the transaction through Titan Fincap, his investment vehicle, in a structured share sale arrangement tied to his Shoprite holding, News24 reported.
