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On the first day that I was asked to take this position
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Steinheist

On the first day that I wasasked to take this position, I asked for a picture of the...

On the first day that I was
asked to take this position, I asked for a picture of the person
who lost the most, the biggest loser

Full Transcript

00:00:01.000 --> 00:00:04.279
On the first day that I was asked to take this position,
00:00:04.028 --> 00:00:10.879
I asked for a picture of the person who lost the most, the biggest loser.
Duration
12 seconds
Views
32
Timestamp in Movie
00:15:42
Uploaded
Apr 27, 2025
Season
1
Episode
3
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 This is The Conglomerate and he's our 2016 Durban July winner. - Steinheist 00:05
This is The Conglomerate and he's our 2016 Durban July ...
S01 • E01 And we built the company up - Steinheist 00:14
And we built the company up
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!"