Markus jooste biography sample
Markus jooste biography sample
Biography sample writing lessons!
Markus Jooste
South African businessman (–)
Markus Johannes Jooste (22 January – 21 March ) was a South African businessman and the CEO of Steinhoff International.
He was an avid horse breeder, and in was reported to be one of Africa's richest people, worth $ million.[1][2] Joining forces with Christo Wiese in , they embarked on an aggressive international expansion programme.[3] The share price of their conglomerate reached a peak in March ,[4] favouring their strategy of paying for dividends and acquisitions by sales of stock.[5]
Following a dispute with business partner Andreas Seifert, European regulators, journalists and law enforcement were alerted to the conglomerate's inflated profit and asset values, besides off-balance-sheet deals with third parties,[6] causing Deloitte LLP to demand an internal investigation before the financials would be signed off.
Jooste resisted this demand and could not convince the S