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And we built the company up
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Steinheist

And we built the company up into the largest case goodsmanufacturer in the country. Case...

And we built the company up into the largest case goods
manufacturer in the country. Case goods is cabinet furniture. Markus Jooste carried
on running Gommagomma

Full Transcript

00:00:01.000 --> 00:00:02.004
And we built the company up
00:00:03.439 --> 00:00:06.359
into the largest case goods manufacturer in the country.
00:00:07.719 --> 00:00:09.958
Case goods is cabinet furniture.
00:00:09.959 --> 00:00:12.558
Markus Jooste carried on running Gommagomma.
Duration
14 seconds
Views
35
Timestamp in Movie
00:15:49
Uploaded
Apr 28, 2025
Season
1
Episode
1
Genres
documentary, crime
Production
IdeaCandy

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Movie Summary

The biggest corporate scandal in South African history, the fall of Steinhoff led to a loss of R200 billion. Steinheist untangles the story: the investors who were taken in; the victims and the CEO, Markus Jooste, who's still a fr...
S01 • E03 We couldn't find a picture, but that is the picture that I keep in my mind. - Steinheist 00:07
We couldn't find a picture, but that is the picture tha...
S01 • E02 The Conglomerate sweeps into the lead! - Steinheist 00:15
The Conglomerate sweeps into the lead!
S01 • E03 And as long as there is hope that we can get to some return for that individual, - Steinheist 00:13
And as long as there is hope that we can get to some return ...
S01 • E02 He's got a bit of a fan club. People like to have their pictures taken with him - Steinheist 00:08
He's got a bit of a fan club. People like to have their...
S01 • E03 People and households lost money. My own father lost money, - Steinheist 00:08
People and households lost money. My own father lost money,
S01 • E01 So, I find the Steinhoff story really fascinating. - Steinheist 00:12
So, I find the Steinhoff story really fascinating.
S01 • E02 "And National emblem has hit the front down the inside, - Steinheist 00:21
"And National emblem has hit the front down the inside,
S01 • E03 And so it was very clear that there were going to be significant consequences. - Steinheist 00:07
And so it was very clear that there were going to be signifi...
S01 • E03 I thought very strongly at the time - Steinheist 00:19
I thought very strongly at the time
S01 • E01 - Hi, I'm Rob. We met a few years ago. - Yes. - Steinheist 00:05
- Hi, I'm Rob. We met a few years ago. - Yes.
S01 • E02 Markus bought into National Emblem, who turned out to be - Steinheist 00:07
Markus bought into National Emblem, who turned out to be
S01 • E01 Bruno Steinhoff was born in the Rhineland in Germany. - Steinheist 00:11
Bruno Steinhoff was born in the Rhineland in Germany.
S01 • E03 Your version, essentially, was that Markus Jooste - Steinheist 00:15
Your version, essentially, was that Markus Jooste
S01 • E02 So he made an enormous amount of money on that investment on his very first horse. - Steinheist 00:07
So he made an enormous amount of money on that investment on...
S01 • E01 And only one could take over the farm, - Steinheist 00:08
And only one could take over the farm,
S01 • E02 That's luck. It's like winning the lottery. - Steinheist 00:04
That's luck. It's like winning the lottery.
S01 • E03 It's a lot of, can I put it gently? Waffle. Really, it's disappointing. - Steinheist 00:07
It's a lot of, can I put it gently? Waffle. Really, it&...
S01 • E02 The standard answer to that is, "Too many!" - Steinheist 00:07
The standard answer to that is, "Too many!"
S01 • E01 And so I developed very quickly a very, very big business - Steinheist 00:10
And so I developed very quickly a very, very big business
S01 • E02 That's a lot of money, so nobody has unlimited money. - Steinheist 00:07
That's a lot of money, so nobody has unlimited money.