"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, co-founder of Aldi discount stores, dies at 94

Karl Albrecht, the reclusive German businessman who became one the world’s wealthiest people after co-founding the Aldi discount supermarket chain in the 1960s, died July 16 in Essen, Germany. He was 94. The Frankfurter Allgemeine Zeitung reported the ...
Posted: July 21, 2014, 11:46 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, 5:38 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, 10:02 am

Karl Albrecht, Aldi co-founder, 1920-2014

Karl Albrecht, co-founder of the Aldi discount chain and reputedly Germany’s richest man, has died aged 94. Together with his late brother, Theo, he developed a low-cost shopping model that became the market leader in Germany, and one of the world’s ...
Posted: July 21, 2014, 4:57 pm

Karl Albrecht: Businessman who with his brother Theo established the Aldi discount supermarket chain as a global market leader

Karl Albrecht was the billionaire entrepreneur who with his brother, Theo Albrecht (Independent obituary, 14 August 2010), created the successful international discount supermarket chain, Aldi. At the time of his death he was the richest person in Germany ...
Posted: July 23, 2014, 5:06 pm
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