Whitey Basson | |
---|---|
Born | James Wellwood Basson 8 January 1946[1] Porterville, Western Cape, South Africa |
Education | Stellenbosch University |
Occupation | Businessman |
Title | CEO, Shoprite |
Term | 1971 to 2016 |
Successor | P.C. Engelbrecht |
Board member of | Shoprite Holdings Clover South Africa |
Children | 4 |
James Wellwood "Whitey" Basson (born 8 January 1946) is a South African businessman and billionaire who was largely responsible for growing a small business called Shoprite from an 8-store chain valued at R1 million[2] into an international retail conglomerate with revenue in 2019 of R150 billion, market capitalisation of R114 billion, more than 2 300 stores and 140 000 employees across 15 African countries.[3] Deloitte's Global Powers of Retailing 2019 ranked The Shoprite Group as the 86th largest retailer in the world.[4]
Basson retired as the managing director and Chief Executive of Shoprite Holdings Ltd on 31 December 2016.[5]
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