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Aldi

COMPANY

German supermarket chain. Owned by billionaire brothers Karl Albrecht and Theo Albrecht, inherited from their parents who opened the first Albrecht grocery store in 1913. The brothers took over management after World War II and greatly expanded its operations.

Industry:
Retail

Ticker:
(private)

Corporate headquarters:
Essen, Germany

Sales:
$58B (2008)

EXECUTIVES

NameOccupationBirthDeathKnown for
Karl Albrecht
Business
28-Mar-1922   Founded Aldi, personal worth $23B
Theo Albrecht
Business
28-Mar-1922 24-Jul-2010 World's 20th richest man, 2005


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