"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, 6:48 am

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

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

Aldi wines are cheap, surprisingly good

I often shop at Aldi, a discount grocer of German descent, in Oxford. Aldi is owned by the Albrecht family, a presence in the grocery business in Germany since 1913. Karl Albrecht, descendant of the founder of the German grocery chain, opened the first ...
Posted: October 11, 2017, 6:20 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, 4:20 am
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