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Yeah. You know, a typical small-town business family
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Steinheist

Yeah. You know, a typicalsmall-town business family

Yeah. You know, a typical
small-town business family

Full Transcript

00:00:01.000 --> 00:00:05.004
Yeah. You know, a typical small-town business family.
Duration
5 seconds
Views
26
Timestamp in Movie
00:33:33
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 I realized that my time at Steinhoff had come to an end - Steinheist 00:12
I realized that my time at Steinhoff had come to an end
S01 • E01 My dad owned a garage, and he was also a Kalahari farmer, - Steinheist 00:10
My dad owned a garage, and he was also a Kalahari farmer,
S01 • E03 And, you know, we were supposed to be colleagues - Steinheist 00:10
And, you know, we were supposed to be colleagues
S01 • E01 Christo Wiese goes and studies law at Stellenbosch University, - Steinheist 00:06
Christo Wiese goes and studies law at Stellenbosch Universit...
S01 • E01 And at the time, his family invests in a small company called PEP. - Steinheist 00:07
And at the time, his family invests in a small company calle...
S01 • E02 But what is clear in retrospect is that Steinhoff was trying to cover - Steinheist 00:21
But what is clear in retrospect is that Steinhoff was trying...
S01 • E01 PEP becomes a fantastic success story. - Steinheist 00:11
PEP becomes a fantastic success story.
S01 • E03 And it wasn't well received. And after that, you can imagine - Steinheist 00:10
And it wasn't well received. And after that, you can im...
S01 • E01 I mean, you were buying clothes for 99 cents. - Steinheist 00:04
I mean, you were buying clothes for 99 cents.
S01 • E03 What shall one call it? A Damascus moment, in a sense. - Steinheist 00:05
What shall one call it? A Damascus moment, in a sense.
S01 • E01 Well, it went on a very aggressive expansion phase. - Steinheist 00:05
Well, it went on a very aggressive expansion phase.
S01 • E02 It wasn't just Mattress Firm in the US it bought, - Steinheist 00:06
It wasn't just Mattress Firm in the US it bought,
S01 • E03 Where I broke my ties with Steinhoff, sold my shares, and I moved on. - Steinheist 00:05
Where I broke my ties with Steinhoff, sold my shares, and I ...
S01 • E01 I joined the business fulltime in 1967. - Steinheist 00:04
I joined the business fulltime in 1967.
S01 • E01 Christo goes on to be one of the founding presences at Shoprite. - Steinheist 00:06
Christo goes on to be one of the founding presences at Shopr...
S01 • E01 And Shoprite, today, is this massive multi-billion rand, - Steinheist 00:13
And Shoprite, today, is this massive multi-billion rand,
S01 • E02 Mattress firm. - Steinheist 00:07
Mattress firm.
S01 • E03 When the initial fallout happened - Steinheist 00:08
When the initial fallout happened
S01 • E01 I always tell people, one wine estate is one too many... - Steinheist 00:10
I always tell people, one wine estate is one too many...
S01 • E03 In terms of the racing side of things, - Steinheist 00:11
In terms of the racing side of things,