A South African billionaire, Markus Jooste has committed suicide as he was found dead with a gunshot wound near Cape Town.
According to Reuters, the billionaire shot himself in the head while taking a walk just few minutes from his Stellenbosch home.
The former Steinhoff CEO had been involved in an accounting fraud scandal as he got a hefty fine on Wednesday.
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Police are investigating, stating that no foul play is suspected.
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The late business mogul is survived by his wife, Ingrid, and his three children.
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