"Karl Albrecht Images"
Karl Albrecht
Karl Albrecht Net Worth is $26.5 Billion. Karl Albrecht, a businessman born in Essen, Germany, has an estimated net worth of $26.5 billion dollars. Karl Albrecht is the richest man in Germany and co-founded the Aldi chain of grocery stores in Germany. Karl Hans Albrecht (born 20 ...

Karl Albrecht Net Worth is $26.5 Billion.

Karl Albrecht Net Worth is $26.5 Billion. Karl Albrecht, a businessman born in Essen, Germany, has an estimated net worth of $26.5 billion dollars. Karl Albrecht is the richest man in Germany and co-founded the Aldi chain of grocery stores in Germany Karl Hans Albrecht is a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. He is among the richest men in the world, with an estimated net worth in 2011 of $25.4 billion according to Forbes, which ranks him 10th in its 2012 list of billionaires - making him the oldest billionaire in the Top 20 list. Albrecht is the wealthiest person in Germany.
Karl and Theo Albrecht were born and raised in modest circumstances in Essen, Germany. Their father was employed as a miner and later as a baker's assistant. Their mother had a small grocery store in the worker's quarter of Schonnebeck, a suburb of Essen. Theo completed an apprenticeship in his mother's store, while Karl worked in a delicatessen shop. Karl also served in the Wehrmacht during World War II. After the war, the brothers took over their mother's business. The first Aldi was opened in 1961.
In 1961, Aldi's operations were divided...
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Karl Albrecht Latest News

Karl Albrecht, reclusive founder of Aldi supermarket, has died aged 94

ALDI STORES IRELAND confirmed this evening that the German company’s famously reclusive founder, Karl Albrecht, has died at the age of 94. Albrecht died on 16 July, but was buried earlier today in a family plot in a small ceremony in the Bredeney ...
Posted: September 29, 2014, 5:14 am

Karl Albrecht dies at 94; billionaire built Aldi food empire

Karl Albrecht, who died at 94,co-founded the German grocery retailer Aldi Karl Albrecht, a reclusive German billionaire who with his younger brother Theo turned his mother's corner store into a worldwide grocery empire, has died. He was 94. Albrecht's July ...
Posted: July 22, 2014, 4:58 am

Karl Albrecht, a Founder of Aldi Stores, Dies at 94

Karl Albrecht, who with his brother Theo returned from Allied prisoner-of-war camps after World War II to find their mother’s corner shop still standing in bombed-out Essen, Germany, then proceeded to build it into the international grocery empire Aldi ...
Posted: July 21, 2014, 9:33 pm

Karl Albrecht Penned 'New Home' Obituary

BERLIN (Reuters) - A man who announced his change of address in a local newspaper sparked national media attention on Thursday due to the unusual location of his "new home" - six feet under the ground. Karl Albrecht, who died last month at the age of 88 ...
Posted: May 10, 2012, 1:26 pm

Karl Albrecht, Billionaire Co-Founder of Aldi, Dies at 94

Karl Albrecht, the German businessman who became one the world’s wealthiest people after co-founding the Aldi discount supermarket chain in the 1960s, has died. He was 94. He died on July 16, Sarah Twyman, an Aldi spokeswoman at Weber Shandwick, said in ...
Posted: July 20, 2014, 9:00 pm
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