To watch in HD, get ClipCafe PRO
And so I developed very quickly a very, very big business
Please log in to add to collections.
Steinheist

And so I developed very quicklya very, very big business and my competitors, they hadno...

And so I developed very quickly
a very, very big business and my competitors, they had
no chance for many years

Full Transcript

00:00:01.000 --> 00:00:05.039
And so I developed very quickly a very, very big business
00:00:05.004 --> 00:00:09.919
and my competitors, they had no chance for many years.
Duration
10 seconds
Views
19
Timestamp in Movie
00:16:56
Uploaded
Apr 29, 2025
Season
1
Episode
1
Genres
documentary, crime
Production
IdeaCandy

Want This Clip in HD?

Upgrade for HD/4K downloads and unlimited access. Upgrade now →

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 • 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.
S01 • E03 And we feel that you're not fully appreciating - Steinheist 00:07
And we feel that you're not fully appreciating
S01 • E01 Part of the business was you would take goods from East Germany, back then, - Steinheist 00:13
Part of the business was you would take goods from East Germ...
S01 • E03 Heather and I were the punching bags. - Steinheist 00:10
Heather and I were the punching bags.
S01 • E02 And I guess he was also in a time in his life - Steinheist 00:08
And I guess he was also in a time in his life
S01 • E02 From a business point of view, it gives you a lot of social cachet, - Steinheist 00:13
From a business point of view, it gives you a lot of social ...
S01 • E01 I went always there in that direction in Europe where nobody wants to go. - Steinheist 00:06
I went always there in that direction in Europe where nobody...
S01 • E03 It got quite personal at times, - Steinheist 00:08
It got quite personal at times,
S01 • E01 The wholesale, manufacturing and logistics business - Steinheist 00:25
The wholesale, manufacturing and logistics business
S01 • E02 People who had lots of money and lots of racehorses, - Steinheist 00:14
People who had lots of money and lots of racehorses,
S01 • E03 It's stuff that got said in affidavits and in court. - Steinheist 00:06
It's stuff that got said in affidavits and in court.
S01 • E03 Now, we all know that's part of the game, - Steinheist 00:10
Now, we all know that's part of the game,
S01 • E03 The immediate task was just to try and stabilize everything. - Steinheist 00:04
The immediate task was just to try and stabilize everything.
S01 • E02 I mean, if we look at a personality type - Steinheist 00:12
I mean, if we look at a personality type
S01 • E03 And no shareholder is going to be prepared to keep their shares - Steinheist 00:10
And no shareholder is going to be prepared to keep their sha...
S01 • E01 I was then later in China, I bought furniture in China. - Steinheist 00:04
I was then later in China, I bought furniture in China.
S01 • E01 I was looking to increase the business, - Steinheist 00:15
I was looking to increase the business,
S01 • E03 And here embarks the process to try and get new financials in place. - Steinheist 00:07
And here embarks the process to try and get new financials i...
S01 • E02 Risk-taking is a big part of that. So physiologically, - Steinheist 00:16
Risk-taking is a big part of that. So physiologically,
S01 • E03 That was part of the reason - Steinheist 00:09
That was part of the reason