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He invested heavily
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Steinheist

He invested heavily. He became the champion owner in SouthAfrica through sheer weight of...

He invested heavily. He became the champion owner in South
Africa through sheer weight of investment. He instilled his people into
positions of power in horse racing

Full Transcript

00:00:01.000 --> 00:00:02.076
He invested heavily.
00:00:03.028 --> 00:00:08.279
He became the champion owner in South Africa through sheer weight of investment.
00:00:08.028 --> 00:00:12.072
He instilled his people into positions of power in horse racing.
Duration
13 seconds
Views
16
Timestamp in Movie
00:20:15
Uploaded
Apr 29, 2025
Season
1
Episode
2
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 But having said that, there's been no charges put to him, - Steinheist 00:06
But having said that, there's been no charges put to hi...
S01 • E01 So, Bruno found Markus a compelling individual, - Steinheist 00:21
So, Bruno found Markus a compelling individual,
S01 • E02 For him, this was a way of, I suppose, - Steinheist 00:23
For him, this was a way of, I suppose,
S01 • E03 Just like a romantic relationship when it ends, - Steinheist 00:07
Just like a romantic relationship when it ends,
S01 • E03 Having that reflection on your professional relationship with Jooste, - Steinheist 00:08
Having that reflection on your professional relationship wit...
S01 • E03 No. Nothing, you know, that would stick out, - Steinheist 00:17
No. Nothing, you know, that would stick out,
S01 • E01 At his 80th birthday in Westerstede shortly before Steinhoff imploded, - Steinheist 00:10
At his 80th birthday in Westerstede shortly before Steinhoff...
S01 • E02 So, he really was involved in every single aspect of it. - Steinheist 00:11
So, he really was involved in every single aspect of it.
S01 • E01 Which is why a week later, when it all came crashing down, - Steinheist 00:07
Which is why a week later, when it all came crashing down,
S01 • E03 I always found it strange that he said it came like a bolt out of the blue. - Steinheist 00:05
I always found it strange that he said it came like a bolt o...
S01 • E02 So it was almost difficult to keep up with him in many senses. - Steinheist 00:13
So it was almost difficult to keep up with him in many sense...
S01 • E01 What a difference a day on the markets can make. - Steinheist 00:04
What a difference a day on the markets can make.
S01 • E03 Could be a case of being blind to what's actually going on, because - Steinheist 00:16
Could be a case of being blind to what's actually going...
S01 • E01 The South African retail giant lost billions from its market value - Steinheist 00:10
The South African retail giant lost billions from its market...
S01 • E02 And the nickname kind of emerged out of an incident - Steinheist 00:07
And the nickname kind of emerged out of an incident
S01 • E01 It's a story that could have catastrophic consequences for corporates across Africa. - Steinheist 00:06
It's a story that could have catastrophic consequences ...
S01 • E03 You know, your career has been a series of successes. - Steinheist 00:06
You know, your career has been a series of successes.
S01 • E02 One Friday night, Markus was there... - Steinheist 00:14
One Friday night, Markus was there...
S01 • E01 But just how did Steinhoff manage to pull a fast one - Steinheist 00:07
But just how did Steinhoff manage to pull a fast one
S01 • E03 It is the biggest mistake by a country mile, Rob. - Steinheist 00:04
It is the biggest mistake by a country mile, Rob.