Raymond Ackerman Bio, Parents, Wife, Children, Siblings, Net Worth: South African businessman and entrepreneur, Raymond Ackerman has reportedly died.
Ackerman is best known as the founder of Pick n Pay. He founded Pick n Pay from just four stores and turned them into one of South Africa’s leading grocery retailers.
Ackerman and his wife, Wendy founded Pick n Pay in 1967 after buying four stores in Cape Town. The group has grown to more than 2,000 stores across South Africa and seven other African countries.
The duo retired from the board in 2010. Ackerman also pioneered other retailing firsts, including “no name” food brands and in-store banking.
The South African retail legend, Raymond Ackerman died on Wednesday, 6 September at 92. Pick n Pay confirmed the news of its founder’s demise on Thursday, 7 September 2023.
In an X (formerly Twitter) post on Thursday morning, Pick n Pay the company Ackerman founded in 1967 expressed “profound sadness” regarding his demise.
“With profound sadness we announce that Pick n Pay founder Raymond Ackerman has passed away. A visionary entrepreneur, humanitarian and a great South African. Our country has lost a brilliant patriot who always saw a positive future for South Africa”
With profound sadness we announce that Pick n Pay founder Raymond Ackerman has passed away.A visionary entrepreneur, humanitarian and a great South African. Our country has lost a brilliant patriot who always saw a positive future for South Africa.?? pic.twitter.com/Io0uunYhAJ
— Pick n Pay (@PicknPay) September 7, 2023
Following the announcement of Ackerman’s demise, social media platforms have been flooded with tributes to the late businessman and visionary entrepreneur.
Woolworths wrote: “We’re saddened to hear of the passing of Raymond Ackerman, a giant of SA Retail. Raymond was an astute businessman and fierce competitor, known for his wisdom and his humanity. He will be missed. Our condolences to his family, his Pick n Pay family, and all who loved him.
We’re saddened to hear of the passing of Raymond Ackerman, a giant of SA Retail.
Raymond was an astute businessman and fierce competitor, known for his wisdom and his humanity. He will be missed.
Our condolences to his family, his Pick n Pay family, and all who loved him.
— Woolworths SA (@WOOLWORTHS_SA) September 7, 2023
At the time of this report, the family was planning his final funeral arrangement and the details are yet to be finalized. We will keep you updated.
Raymond Ackerman Age
Raymond Ackerman celebrated his 92 birthday in March this year (2023). He was born on March 10, 1931, in South Africa
Raymond Ackerman Height & Weight
Raymond Ackerman’s height and weight are unknown at this time of writing
Raymond Ackerman Parents
Raymond Ackerman was born in South Africa to his parents. His father is named Gus Ackerman but his mother’s identity is unknown at this time of writing.
Gus Ackerman is said to be the founder of Ackermans, a South African chain of clothing retail stores.
Ackermans began its operation in 1916 when Gus Ackerman opened the very first store in Wynberg, Cape Town, South Africa.
In 2015 Ackermans was rated the second-best clothing store by the South African Consumer Satisfaction Index
Raymond Ackerman Wife
Raymond Ackerman is survived by his wife, Wendy Ackerman. It’s unclear when they met and when they tied the knot.
The Love Birds founded Pick n Pay in 1967 after buying four stores in Cape Town. The couple retired from the board in 2010. Wendy is a non-executive director of Pick n Pay Holdings Limited.
She has been recognized by the SA Nature Foundation for outstanding achievement and contribution to environmental conservation.
Raymond Ackerman Children
Raymond Ackerman leaves behind four children Suzanne, Kathryn, Jonathan, and Gareth, his 12 grandchildren, and 4 great-grandchildren as of September 2023.
All his children work for Pick ‘n Pay or for its charity. On 21 October 2009, Gareth took over his father’s duties, and on 1 March 2010, the chairmanship as well.
Raymond Ackerman Siblings
Raymond Ackerman never shared any information regarding his siblings hence we can’t state whether or not he’s the only child of his parents. There are no records about that.
Raymond Ackerman Net Worth
Before Raymond Ackerman died in September 2023, he had an estimated net worth of about $500 million. He accrued such an amount of money through his illustrious career as a successful businessman.
Source: Ghgossip.com
Categories: News
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