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Karl Hans Albrecht (German: [ˈalbʁɛçt]; 20 February 1920 – 16 July 2014) was a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. He was the richest person in Germany for many years.
Theodor Paul Albrecht (German: [ˈalbʁɛçt]; 28 March 1922 – 24 July 2010) was a German entrepreneur. He established the discount supermarket chain Aldi with his brother Karl Albrecht. In 2010, Theo was ranked by Forbes as the 31st richest person in the world, with a net worth of $16.7 billion.
Sep 10, 2019 · In 1960, Karl and Theo amicably split Aldi in half after a disagreement about whether to sell cigarettes — Theo wanted to sell them, but Karl thought they would attract shoplifters.
Dec 18, 2020 · Learn how Karl and Theo Albrecht, two German brothers, transformed a small grocery store into a global supermarket chain. Discover their humble beginnings, their wartime experiences, and their business strategies that made Aldi a success.
May 14, 2019 · Brothers Karl and Theo Albrecht officially founded the German grocery chain Aldi in 1946 in the aftermath of World War II. They reportedly inherited their first store from their...
Mar 9, 2024 · Forbes estimates that Karl's children Beate Heister and Karl Albrecht Jr. are worth $36.8 billion, while it puts the wealth of Theo's son, Theo Albrecht Jr., and his family at $18.7...
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Jul 29, 2010 · After being released from Allied prisoner-of-war camps following World War II, Theo and Karl Albrecht took over their parents’ small grocery in the bombed-out city of Essen and, out of necessity,...
