Billionaire Wiese's Terrible, Horrible, Very Bad Year: Chart

(Bloomberg) -- Christo Wiese is the only loser among Africa's top eight billionaires this year, according to the Bloomberg Billionaires Index. The 76-year-old's fortune fell 33 percent just on Wednesday to $2.9 billion after shares of Steinhoff International Holdings NV plunged following an accounting scandal that claimed the company's chief executive officer. All but one of his 10 listed investments have dropped in 2017.

To contact the reporters on this story: Renee Bonorchis in Johannesburg at rbonorchis@bloomberg.net, Devon Pendleton in London at dpendleton@bloomberg.net.

To contact the editors responsible for this story: Stefania Bianchi at sbianchi10@bloomberg.net, Vernon Wessels, Paul Armstrong

©2017 Bloomberg L.P.

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