"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

Billionaire tycoon who co-founded discount store Aldi with his brother dies aged 94

Karl Albrecht, co-founder of the Aldi grocery store empire and one of the world's richest people, has died at the age of 94. He was buried on Monday in a family plot in a small ceremony in the western German city of Essen, where he lived. Albrecht and his ...
Posted: July 21, 2014, 6:55 am

Karl Albrecht dies at 94; billionaire built Aldi food empire

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 16 death in Essen, Germany, was confirmed by Aldi, the no-frills discount ...
Posted: July 22, 2014, 4:58 am

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, 2:11 pm

Karl Albrecht, German Grocer And Reclusive Billionaire Behind Aldi Supermarkets, Dies At 94

Karl Albrecht, the billionaire German grocer who took his mother’s humble corner store and expanded Aldi supermarkets to nearly every corner of the globe, has died at 94. He was the richest person in Germany with an estimated $25.9 billion fortune.
Posted: July 21, 2014, 11:27 am

The story of Karl Albrecht, the man who destroyed Tesco

The removal this week of Tesco chief executive Philip Clarke more than anything signals just how seriously the retail giant’s shareholders are treating the difficulties from which new boss Dave Lewis must now try to extricate the troubled group.
Posted: July 22, 2014, 11:34 am
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