"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

A tale of two Aldis: Divided in two, the German supermarket is still able to rule the aisles

Still open to this day, the first ever Aldi debuted in 1913 just to the east of the equator in Essen. Brothers Theo and Karl Albrecht took over the store from their father in 1945. A decade later, there were 100 branches of what was known as Albrecht ...
Posted: June 16, 2017, 10:25 pm

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: July 20, 2014, 5:00 pm

Secretive Aldi family announce death of main heir to £11billion supermarket fortune... a month after he was buried

Father-of-five Berthold was the son of Theo Albrecht Snr, a devout Catholic who was one of Germany’s richest men when he died two years ago. His low-cost business model revolutionised the German grocery market - run alongside his brother Karl ...
Posted: December 7, 2012, 2:22 am

Aldi co-founder Karl Albrecht dies at age 94

Karl Albrecht, one of the reclusive co-founders of German discount supermarket chain Aldi, has died at the age of 94. The publicity-shy Mr Albrecht co-founded Aldi with his brother Theo after World War II, and was ranked by Forbes as Germany's richest ...
Posted: July 22, 2014, 3:52 am

Karl Albrecht - obituaries

Karl Albrecht, who has died aged 94, was the German co-founder of the Aldi discount supermarket chain which, with its rival Lidl, has transformed the British shopping landscape. Built up by Karl and his brother Theo from their mother’s corner shop in the ...
Posted: July 22, 2014, 1:23 pm
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