After Shoprite’s announcement that it was forced to repurchase R1.8 billion-worth of shares from its former CEO Whitey Basson, the attention … He is the Managing Director and CEO of Shoprite Holdings Ltd, the biggest food retailer in Africa. If it were not for the good people like Basson, the lives of the poor would be so much worse than they already are. In 2005, Shoprite chief executive Whitey Basson was awarded a R59-million performance bonus and the media wanted to know why. Basson was paid R49.7 million in basic pay and a special performance bonus of R50 million in the financial year to June. Top earner in 2010 was Shoprite CEO Whitey Basson, who took home the highest-ever monthly earnings ever recorded in a single year - an unbelievable R627.53 million in salary, perks and share options. You will not believe these … His company paid him a total of R100.1m after including a one-time R50m performance bonus. 9) Whitey Basson, R50 Million (CEO of Shoprite) James Wellwood “Whitey” Basson is holder of a Bachelor of commerce and also a Chartered accountant. “In 2014, Whitey Basson donated boerewors valued at R100 000 to schools in the country.” My personal opinion on this statement is most closely described by: a. It operates more than 2,829 stores in 15 countries across Africa. The group said he had not had a pay increase since 2013. It would take a worker in a Checkers deli about 290 years to earn what the chief executive of the Shoprite group, Whitey Basson, was paid in a month this year. Whitey Basson net worth is one of the highest considering that he went on to resign from Shoprite even after having served with the company for almost 4 decades. Whitey Basson, Shoprite Basson’s basic salary in 2016 came to R49.6m. Past Earnings Growth Analysis Earnings Trend : BVT's earnings have grown by 1.8% per year over the past 5 years. This meant that he would receive R1.8 billion just from the selling of these shares. Whitey Basson is Former Chief Executive Officer at Shoprite Holdings Ltd. See Whitey Basson's compensation, career history, education, & memberships. b. The Shoprite Group of Companies (JSE: SHP), is Africa's largest food retailer. 15. And Whitey [Basson] and Markus [Jooste] never liked each other.” But playground politics aside, what of the real politics? 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