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Markus was that kind of person
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Steinheist

Markus was that kind of person, somebody who wantedto win at all costs. He wanted to be...

Markus was that kind of person, somebody who wanted
to win at all costs. He wanted to be the Elon Musk of our
time, to be the Bill Gates of our time

Full Transcript

00:00:01.000 --> 00:00:02.959
Markus was that kind of person,
00:00:02.096 --> 00:00:04.084
somebody who wanted to win at all costs.
00:00:04.841 --> 00:00:11.999
He wanted to be the Elon Musk of our time, to be the Bill Gates of our time.
Duration
12 seconds
Views
27
Timestamp in Movie
00:25:58
Uploaded
Apr 27, 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 • E02 And that's the way of the billionaire, I suppose. - Steinheist 00:05
And that's the way of the billionaire, I suppose.
S01 • E02 Private jets, polo clubs and blonde girlfriends. - Steinheist 00:06
Private jets, polo clubs and blonde girlfriends.
S01 • E02 This is kind of everything that is wrong with our society. - Steinheist 00:04
This is kind of everything that is wrong with our society.
S01 • E01 He wanted to be somebody whose legacy was unquestionable. - Steinheist 00:06
He wanted to be somebody whose legacy was unquestionable.
S01 • E02 We have two worlds you know, we have the one of the 1%, - Steinheist 00:28
We have two worlds you know, we have the one of the 1%,
S01 • E03 Steinhoff changed its year end during the preceding years, - Steinheist 00:14
Steinhoff changed its year end during the preceding years,
S01 • E01 The Gommagomma Group, as we started out as, was a very small entity, - Steinheist 00:09
The Gommagomma Group, as we started out as, was a very small...
S01 • E01 But the acquisition of Pat Cornick was basically - Steinheist 00:10
But the acquisition of Pat Cornick was basically
S01 • E03 Which also made it very difficult - Steinheist 00:20
Which also made it very difficult
S01 • E01 Bringing together manufacturers was critical, was good, important and timely. - Steinheist 00:13
Bringing together manufacturers was critical, was good, impo...
S01 • E02 I guess for Markus it was that he became used to the money. - Steinheist 00:05
I guess for Markus it was that he became used to the money.
S01 • E03 Steinhoff is a big company, it's a complex company, it's got a lot of moving parts. - Steinheist 00:06
Steinhoff is a big company, it's a complex company, it&...
S01 • E02 And so, as he got all this money, it became... - Steinheist 00:05
And so, as he got all this money, it became...
S01 • E01 Thabo Mbeki called upon black South Africans to go into business - Steinheist 00:17
Thabo Mbeki called upon black South Africans to go into busi...
S01 • E03 Maybe it was just a way to simplify things, - Steinheist 00:09
Maybe it was just a way to simplify things,
S01 • E02 Stellenbosch, as a university town, is actually quite a humble non-flashy town. - Steinheist 00:06
Stellenbosch, as a university town, is actually quite a humb...
S01 • E01 And I went in there, idealistically thinking, - Steinheist 00:06
And I went in there, idealistically thinking,
S01 • E02 The, let's call it, the old money and the old hands in Stellenbosch - Steinheist 00:09
The, let's call it, the old money and the old hands in ...
S01 • E03 Auditors perform a public service. They operate in the public interest. - Steinheist 00:04
Auditors perform a public service. They operate in the publi...
S01 • E01 I was, and I admit this, - Steinheist 00:07
I was, and I admit this,