"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

Theo Albrecht, 88, dies; started Aldi food chain and expanded Trader Joe's

No cause of death was reported. In the years after World War II, Mr. Albrecht and his older brother Karl took over their mother's corner store in Essen and turned it into Aldi, a multibillion-dollar chain of thousands of grocery stores whose success was ...
Posted: July 28, 2010, 5:00 pm

Aldi Owner Karl Albrecht 10th Richest Man in the World, on Forbes Billionaire List

Following Carlos Slim Helu, Bill Gates, Warren Buffett, Mukesh Ambani, Lakshmi Mittal, Lawrence Ellison, Bernard Arnault, Eike Batista and Amancio Ortega, Germany’s Karl Albrecht made it to the top ten World’s Billionaires list by Forbes. Together with ...
Posted: March 10, 2010, 4:00 pm

Theo Albrecht, expanded Trader Joe's, dies

No cause of death was reported. He was 88. In the years after World War II, Mr. Albrecht and his older brother Karl took over their mother's corner store in Essen and turned it into Aldi, a multibillion-dollar chain of thousands of grocery stores whose ...
Posted: July 29, 2010, 5:00 pm

Billionaire Aldi heir Berthold Albrecht dies at 58

Although the news was only made public on Friday, Mr Albrecht died last month and was buried at a small ceremony attended by friends and family. Aldi started life in 1946, when Karl and Theo Albrecht, the father of Berthold, took control of their mother ...
Posted: December 7, 2012, 10:21 am

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, 1:22 pm
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