HomePoliticianIs Markus Jooste Dead? Cause of Death, Ethnicity and Children

Is Markus Jooste Dead? Cause of Death, Ethnicity and Children

Markus Jooste died on 21 March 2024 at aged 63 confirmed by News24. Jooste died after being shot himself.

Jooste was a South African businessman and a former CEO of Steinhoff International. Markus was one of Africa’s richest individuals with a worth of around $400 million.

He was an avid horse breeder who became the second-biggest horse-racing investor in Africa and even of the world.

Jooste was a strategic businessman who had also been in multiple business disputes and scandals throughout his career.

Markus Jooste Bio

Full Name Markus Johannese Jooste
Date of Birth January 22, 1961
Birthplace Pretoria, South Africa
Died March 21, 2024 (aged 63)
Occupation Businessman
Parents Mother: Not Known
Father: Not Known
Siblings Not Known
Cause of death Shot
Nationality South African
Religion Christian
Ethnicity South-African
Sexuality Straight
Spouse Ingrid Jooste
Children 3

Markus Jooste: Cause of Death

Former South African businessman and CEO of Steinhoff International, Markus Joosts died on March 21, 2024, due to being shot by himself in his home in Hermanus.

As per several sources, he killed himself when he was about to be arrested. He died after a day of being fined R475 million by the Financial Sector Conduct Authority (FSCA).

He was fined for his activities between 2017 and 2017 that uncovered gross infractions of financial market laws.

As of now, his wife and children are in deep grief.

Markus Jooste Ethnicity and Family

Born and raised in Pretoria, South Africa, Markus Jooste holds South African nationality and belongs to the South African ethnic group.

His father was a postal worker and an avid horse race punter. Looking to his father’s profession, Jooste developed his interest in horse racing.

Jooste went to Afrikaanse Hoer Seunskool and then attended Stellenbosch University to obtain a BAcc degree.

Furthermore, he also obtained an honors degree at the University of Cape Town.

Markus Jooste Wife and Children

Former South African businessman, Markus Jooste was married to his wife, Ingrid Jooste. The couple welcomed three children, one son and two daughters. The family resides in Stellenbosch.

Markus Jooste’s son, Michael Jooste went to court in a bid to have over a billion rand in assets, housed in the Jooste family trust unfrozen.

However, his request was declined as SARB said that it was too late.

Markus Jooste Net Worth

Markus Jooste was a famous South African businessman and the CEO of Steinhoff International.

Likewise, he was also reported as one of the richest individuals in Africa.

As of 2024, Markus Jooste had a total estimated net worth of around $400 million.

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Frequently Asked Questions (FAQs)

When did Markus Jooste die?

Markus Jooste died on March 21, 2024.

How did Markus Jooste die?

Markus Jooste died shooting himself.

Why did Markus Jooste kill himself?

Markus Jooste killed himself with the fear of being arrested as he was about to be arrested.

Who was Markus Jooste?

Markus Jooste was South African businessman and CEO of Steinhoff International.

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