Theo Albrecht Net Worth
Theo Albrecht made money by Billionaires niche. For all time, at the moment, 2016 year, Theo Albrecht earned $19.6 Billion. Exact sum is $20190000.
Short biography, height, weight, dates:
Birth date: March 28, 1922, Essen, Germany
Death date: July 24, 2010, Essen, Germany
Birth place: Essen
Profession: Entrepreneur, Businessperson
Children: Berthold Albrecht, Theo Albrecht, Jr.
Parents: Karl Albrecht Sr., Anna Albrecht
Siblings: Karl Albrecht
Wikipedia Source: Theo Albrecht
Theodor Paul Theo Albrecht was a German entrepreneur, who in 2010 was ranked by Forbes as the 31st richest person in the world, with a net worth of $16.7 billion. He owned and was the CEO of the Aldi Nord discount supermarket chain. In the US he owned the Trader Joes specialty grocery store chain. His brother Karl Albrecht owned the Aldi Sü-d discount supermarket chain. The two chains originally were a single family enterprise until a friendly division of assets in 1960. Aldi Sü-d operates the Aldi groceries in the United States. So Aldi and Trader Joes, while owned by the brothers, have separate and distinct ownership and operations.