Karl Albrecht Jr.
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Karl Albrecht Jr.
Karl Hans Albrecht Jr. (born 1948 in Essen) is a German billionaire, and the son of Karl Albrecht, who founded the discount supermarket chain Aldi with his brother Theo. Albrecht worked for Aldi Süd in various roles until his resignation due to a cancer diagnosis (from which he subsequently recovered). He and his sister Beate Heister control the family trust, the Siepmann Stiftung (named for their mother), which, in turn, controls Aldi Süd, the source of their joint fortune. According to ''Bloomberg Billionaires Index The ''Bloomberg Billionaires Index'', launched in March 2012, is a daily ranking of the world's 500 richest people based on their net worth. It draws information from "action in the stock market, economic indicators and news reports", features a ...'', he has an estimated net worth of US$14.3 billion, making him the 149th wealthiest person in the world, as of June 2021. He is married to Gabriele Mertes, and they have no children. References 1948 births ...
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Essen
Essen (; Latin: ''Assindia'') is the central and, after Dortmund, second-largest city of the Ruhr, the largest urban area in Germany. Its population of makes it the fourth-largest city of North Rhine-Westphalia after Cologne, Düsseldorf and Dortmund, as well as the ninth-largest city of Germany. Essen lies in the larger Rhine-Ruhr Metropolitan Region and is part of the cultural area of Rhineland. Because of its central location in the Ruhr, Essen is often regarded as the Ruhr's "secret capital". Two rivers flow through the city: in the north, the Emscher, the Ruhr area's central river, and in the south, the Ruhr River, which is dammed in Essen to form the Lake Baldeney (''Baldeneysee'') and Lake Kettwig (''Kettwiger See'') reservoirs. The central and northern boroughs of Essen historically belong to the Low German ( Westphalian) language area, and the south of the city to the Low Franconian ( Bergish) area (closely related to Dutch). Essen is seat to several of the region's ...
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Aldi
Aldi (stylised as ALDI) is the common company brand name of two German multinational family-owned discount supermarket chains operating over 10,000 stores in 20 countries. The chain was founded by brothers Karl and Theo Albrecht in 1946, when they took over their mother's store in Essen. The business was split into two separate groups in 1960, that later became Aldi Nord, headquartered in Essen, and Aldi Süd, headquartered in Mülheim. In 1962, they introduced the name Aldi (a syllabic abbreviation for Albrecht Diskont), which is pronounced . In Germany, Aldi Nord and Aldi Süd have been financially and legally separate since 1966, although both divisions' names may appear as if they were a single enterprise with certain store brands or when negotiating with contractor companies. The formal business name of Aldi Nord is Aldi Einkauf GmbH & Co., while the formal business name of Aldi Süd is ALDI SÜD Dienstleistungs-SE & Co. Each company is owned and operated independently, ...
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Karl Albrecht
Karl Hans Albrecht (; 20 February 1920 – 16 July 2014) was a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. He was for many years the richest person in Germany. In February 2014, he was ranked the 21st-richest person in the world by Hurun Report. Biography Karl and Theo Albrecht were born and raised in a Catholic family in modest circumstances in Essen, Germany. Their father, Karl Sr, was employed as a miner and later as a baker's assistant. Their mother Anna, née Siepmann, had a small grocery store in the workers' quarter of , a suburb of Essen. Theo completed an apprenticeship in his mother's store, while Karl worked in a delicatessen shop. Karl served in the Wehrmacht during World War II and was wounded on the Eastern Front. After the war, the brothers jointly took over their mother's business and founded Albrecht KG. In 1960, the brothers had a disagreement over whether to stock cigarettes. While Theo wanted to sell them, ...
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Beate Heister
Beate Heister (born 5 October 1951) is a German billionaire heiress. She is one of the two children of Karl Albrecht, who founded the discount supermarket chain Aldi with his brother Theo. Together with her brother Karl Albrecht Jr. Karl Hans Albrecht Jr. (born 1948 in Essen) is a German billionaire, and the son of Karl Albrecht, who founded the discount supermarket chain Aldi with his brother Theo. Albrecht worked for Aldi Süd in various roles until his resignation due t ..., she has a net worth of US$41.3 billion, as of 2020. She is married to Peter Heister, and they have six children. She, her husband Peter, and their son Peter Max Heister, all sit on Aldi's advisory board. She is "notoriously reclusive". References 1951 births German billionaires Living people Aldi people {{Germany-business-bio-stub ...
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Theo Albrecht
Theodor Paul Albrecht (; 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. Business career Albrecht learned the grocery business from his mother, in order to escape the fate of his father in the mines. He and his brother Karl developed Albrecht Diskont, one of Europe's largest chains of supermarkets, with the motto "The best quality at the lowest price," and now known by its acronym, Aldi. ''Forbes'' has estimated Theo's fortune from the supermarket chain as approximately £11 billion. Theo and Karl Albrecht split the Aldi Company they founded in 1960 after a dispute about whether to sell cigarettes. The supermarket divided into two legally separate operating units with two distinct geographical locations. Theo's Aldi Nord set to operate in the north of Germany, while Karl' ...
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Theo Albrecht Jr
Theo is a given name and a hypocorism. Greek origin Many names beginning with the root "Theo-" derive from the Ancient Greek word ''theos'' (''θεός''), which means god, for example: *Feminine names: Thea, Theodora, Theodosia, Theophania, Theophano and Theoxena *Masculine names: Theodore, Theodoros/Theodorus, Theodosius, Theodotus, Theophanes, Theophilus, Theodoret and Theophylact Germanic origin Many other names beginning with "Theo-" do not necessarily derive from Greek, but rather the old Germanic "theud", meaning "people" or "folk". These names include: *Theobald, Theodahad, Theodard, Theodebert, Theodemir, and Theodoric People with the name Theo See Theo and Théo for a current alphabetical list of all people with the first name Theo or Théo in the English Wikipedia. Among better known people with this name are: * Theo Adam (1926-2019), German classical bass-baritone * Theo Albrecht (1922–2010), German entrepreneur and billionaire * Theo Angelopoulos (19 ...
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Berthold Albrecht
Berthold Albrecht (14 August 1954 in Essen – 21 November 2012 in Chur) was a German businessman and one of Germany's wealthiest men, as co-owner (with his brother Theo Albrecht Jr.) of the Aldi Nord chain of discount supermarkets. They inherited the company from their father, Theo Albrecht, upon his death in July 2010. Together, the two brothers had an estimated net worth of . Biography Their uncle (and Theo Albrecht's brother), Karl Albrecht, owned Aldi Süd Aldi (stylised as ALDI) is the common company brand name of two German multinational family-owned discount supermarket chains operating over 10,000 stores in 20 countries. The chain was founded by brothers Karl and Theo Albrecht in 1946, when t ... and was Germany's wealthiest person up until his death in 2014. Berthold and his wife, Babette Albrecht, had three daughters and one son. The latter, Nicolay Albrecht, accused his mother and three sisters of embezzling money from the family trust in September 2020. Refere ...
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Bloomberg Billionaires Index
The ''Bloomberg Billionaires Index'', launched in March 2012, is a daily ranking of the world's 500 richest people based on their net worth. It draws information from "action in the stock market, economic indicators and news reports", features a profile of each billionaire, and includes a tool that allows users to compare the fortunes of multiple billionaires. The index is updated every day at the close of trading in New York. The index's editorial policy excludes its billionaire founder and majority owner, Michael Bloomberg, from the ranking. 2022 rankings The rankings are updated only on every trading day after the closing bell of every trading day based on New York's time. Launch and background Bloomberg Billionaires Index is a daily ranking of the world's billionaires published by Bloomberg News since March 2012. It tracks the 500 wealthiest people in the world. The ranking was designed to provide a more transparent and accountable presentation of the world's biggest ...
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1948 Births
Events January * January 1 ** The General Agreement on Tariffs and Trade (GATT) is inaugurated. ** The Constitution of New Jersey (later subject to amendment) goes into effect. ** The railways of Britain are nationalized, to form British Railways. * January 4 – Burma gains its independence from the United Kingdom, becoming an independent republic, named the ''Union of Burma'', with Sao Shwe Thaik as its first President, and U Nu its first Prime Minister. * January 5 ** Warner Brothers shows the first color newsreel (''Tournament of Roses Parade'' and the ''Rose Bowl Game''). ** The first Kinsey Reports, Kinsey Report, ''Sexual Behavior in the Human Male'', is published in the United States. * January 7 – Mantell UFO incident: Kentucky Air National Guard pilot Thomas Mantell crashes while in pursuit of an unidentified flying object. * January 12 – Mahatma Gandhi begins his fast-unto-death in Delhi, to stop communal violence during the Partition of India. * ...
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German Billionaires
German(s) may refer to: * Germany (of or related to) **Germania (historical use) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizens of Germany, see also German nationality law **Germanic peoples (Roman times) * German language **any of the Germanic languages * German cuisine, traditional foods of Germany People * German (given name) * German (surname) * Germán, a Spanish name Places * German (parish), Isle of Man * German, Albania, or Gërmej * German, Bulgaria * German, Iran * German, North Macedonia * German, New York, U.S. * Agios Germanos, Greece Other uses * German (mythology), a South Slavic mythological being * Germans (band), a Canadian rock band * "German" (song), a 2019 song by No Money Enterprise * ''The German'', a 2008 short film * "The Germans", an episode of ''Fawlty Towers'' * ''The German'', a nickname for Congolese rebel André Kisase Ngandu See also * Germanic (other) * Germa ...
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German Businesspeople In Retailing
German(s) may refer to: * Germany (of or related to) **Germania (historical use) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizens of Germany, see also German nationality law **Germanic peoples (Roman times) * German language **any of the Germanic languages * German cuisine, traditional foods of Germany People * German (given name) * German (surname) * Germán, a Spanish name Places * German (parish), Isle of Man * German, Albania, or Gërmej * German, Bulgaria * German, Iran * German, North Macedonia * German, New York, U.S. * Agios Germanos, Greece Other uses * German (mythology), a South Slavic mythological being * Germans (band), a Canadian rock band * "German" (song), a 2019 song by No Money Enterprise * ''The German'', a 2008 short film * "The Germans", an episode of ''Fawlty Towers'' * ''The German'', a nickname for Congolese rebel André Kisase Ngandu See also * Germanic (other) * Germa ...
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