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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.
Theo and Karl Albrecht split the Aldi Company they founded in 1960 after a dispute about whether to sell cigarettes. [8] The supermarket divided into two legally separate operating units with two distinct geographical locations.
Dec 18, 2020 · Karl Hans Albrecht was born on February 20, 1920. Younger brother Theodor Paul Albrecht followed on March 28, 1922, and the two brothers from Essen, Germany would go from incredibly humble beginnings to the head of Aldi, a multi-billion-dollar empire.
Jul 23, 2014 · Karl, sole survivor of the two reclusive brothers, died last week at the age of 94, leaving an estimated €18.4bn and an empire which has long since invaded Britain. In keeping with his family’s...
May 14, 2019 · German brothers Theo and Karl Albrecht turned their family's local grocery store into a global chain with over 10,000 stores and billions in revenue — that bought Trader Joe's.
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 billion.
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...
Jul 21, 2014 · Karl Albrecht, who with his brother Theo returned from Allied prisoner-of-war camps after World War II to find their mother’s corner shop still standing in bombed-out Essen, Germany, then...
Jul 21, 2014 · Karl Albrecht, co-founder of the Aldi discount chain and reputedly Germany’s richest man, has died aged 94. Together with his late brother, Theo, he developed a low-cost shopping model that...
Karl and Theo Albrecht were co-founders of the Aldi international chain of limited assortment discount stores, which is based in Germany. The brothers opened their first grocery store in 1948 in Germany and began operating under the name Aldi—an abbreviation for Albrecht Discount—in 1962.
