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Theodor Paul Albrecht (German: [ˈalbʁɛçt]; 28 March 1922 – 24 July 2010) [1] 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. [5] Business career.
Theodor "Theo" Albrecht Jr. (born 1950) is a German billionaire businessman, the owner of Trader Joe's and Aldi Nord, and the son of Aldi's co-founder. As of July 2021, Albrecht's net worth is estimated at US$20.6 billion.
Dec 18, 2020 · In 1971, something shocking happened: Aldi co-founder Theo Albrecht became the victim of one of Germany's most high-profile kidnapping cases. According to The Guardian, he was held for 17 days — locked in a wardrobe in a house in Duesseldorf — until the kidnappers were paid a ransom of 7 million deutschmarks.
Meet the Albrechts, the highly secretive heirs to the Aldi fortune, who are worth $38.8 billion, own Trader Joe's, and have kept a famously low profile for decades. In 1913, the Albrecht family...
Jul 29, 2010 · FRANKFURT — Theo Albrecht, who with his brother Karl used lessons learned in the lean years of postwar Germany to build an international grocery empire, died Saturday in Essen, Germany. He was 88.
Mar 1, 2020 · In 1971, Theo Albrecht was kidnapped at gunpoint and held for ransom, with criminals Heinz-Joachim Ollenburg and Paul Kron demanding seven million Deutschmarks, or almost $AU3 million.
Sep 22, 2024 · Theo Albrecht Jr. and the heirs of his brother, Berthold, inherited one of the world's great retail fortunes. From a corner grocery store in Essen, opened in 1913, their father, Theo Sr., and...
Sep 10, 2019 · In 2010, Theo Albrecht died with a net worth of nearly $17 billion. He was at 88 years old and survived by his wife, Cäcilie, who died in 2018, and their sons Berthold and Theo Jr.
A former Afrika Korps soldier, Theo Albrecht was the German entrepreneur behind the discount store Aldi.
Jul 28, 2010 · Theo Albrecht, who co-founded the immensely successful discount grocery chain Aldi, died on Saturday according to a statement released by the company. Eighty-eight years old at the...
