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South African retail magnate Christoffel Wiese sells groceries and furniture through stores owned by listed Shoprite Holdings and clothing through Pepkor, a private company that owns seven different discount fashion brands. Shoprite, Africa's largest food retailer, has stores in 17 African countries. He sold more than 7 million Shoprite shares-about 7% of his stake-over the past year at less than half their current value due to an agreement he had entered into with third parties in 2010. Other holdings include a stake in Brait, a listed private equity firm.