Theo Albrecht Net Worth is$18.8 Billion
VN:F [1.9.22_1171]
deserves the money?
Rating: 0.0/5 (0 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 0.0/5 (0 votes cast)
Profession: Businessperson, Entrepreneur

Date of Birth: Mar 28, 1922

Nicknames: Theodor Paul Albrecht

Ethnicity: Germans

Country: Germany

Theo Albrecht was a German businessman and co-founder of the Aldi grocery store chain with an estimated net worth of $18.8 billion dollars. Theo Albrecht ran Aldi with his brother Karl, with Theo running Aldi Nord (Aldi North) and its American counterpart, Trader Joe's, and his brother running Aldi Sur. He passed away in July 2010 at the age of 88.
Theodor Paul Albrecht (28 March 1922, Essen, Rhine Province - 24 July 2010), generally known as Theo Albrecht, was a German entrepreneur, who in 2010 was ranked by Forbes as the 31st richest person in the world, with a net worth of $16.7 billion. He owned and was the CEO of the Aldi Nord discount supermarket chain. In the US he owned the Trader Joe's specialty grocery store chain. His brother Karl Albrecht owns the Aldi Sud discount supermarket chain. The two chains originally were a single family enterprise until a friendly division of assets in 1960. Aldi Sud operates the Aldi groceries in the United States. So Aldi and Trader Joe's, while owned by the brothers, have separate and distinct ownership and operations.
In 1971, Albrecht was kidnapped for 17 days. A ransom of seven million German marks (approximately $2 million at the time) was paid for his release.
Both Albrecht brothers have been reported by journalists to be reclusive and little is known about their personal lives. The last published photo of Theo Albrecht dates to 1971, one day after his kidnapping. Another photo of the two Albrecht brothers together was taken in 1987 by journalist Franz Ruch.

Theo Albrecht Latest News

Secretive Aldi family announce death of main heir to £11billion supermarket fortune... a month after he was buried

His wife said in the notice: 'Berthold Albrecht was a very loving and extremely generous human being, an exemplary husband and father. Father-of-five Berthold was the son of Theo Albrecht Snr, a devout Catholic who was one of Germany’s richest men when ...
Posted: December 7, 2012, 2:22 am

Why Aldi is the Grocery Store of the Future

Known for their limited assortment of products and discounted prices, Aldi opened their first store in 1954 in Essen-Schonnebeck, Germany by brothers Karl and Theo Albrecht. By 1960, the brothers had built the brand into a chain of 300 stores, and decided ...
Posted: August 14, 2017, 8:14 am

German Billionaire Berthold Albrecht, Heir To Aldi Markets And Trader Joe's, Dead At Age 58

The funeral was held in November, according to German newspapers. Berthold and his brother Theo Albrecht Jr. share a fortune that Forbes estimates at $17.8 billion—making them the second richest in Germany behind their uncle, Karl Albrecht, 92 ...
Posted: December 7, 2012, 11:57 am

At Aldi's Empire of Austerity, a Fight Over Extravagant Spending

The heirs to co-founder Theo Albrecht’s fortune—$15 billion, according to the Bloomberg Billionaires Index—are battling for control of Aldi Nord, which owns the chain in northern Germany and eight other European countries. Theo’s elder son ...
Posted: August 14, 2016, 9:01 pm

Billionaire Aldi heir Berthold Albrecht dies at 58

Although the news was only made public on Friday, Mr Albrecht died last month and was buried at a small ceremony attended by friends and family. Aldi started life in 1946, when Karl and Theo Albrecht, the father of Berthold, took control of their mother ...
Posted: December 7, 2012, 11:07 am
Related Topics:
Berthold & Theo Albrecht Jr, Billionaires, Billionaires Income, Billionaires Net Worth, Businessmen, Businessmen Income, Businessmen Net Worth, How Much Is Richest Billionaires Income, How Much Is Richest Billionaires Net Worth, How Much Is Richest Billionaires Salary, How Much Is Richest Businessmen Income, How Much Is Richest Businessmen Net Worth, How Much Is Richest Businessmen Salary, How Much Is Theo Albrecht Income, How Much Is Theo Albrecht Net Worth, How Much Is Theo Albrecht Salary, How Much Is Theodor Paul Albrecht Income, How Much Is Theodor Paul Albrecht Net Worth, How Much Is Theodor Paul Albrecht Salary, How Much Richest Billionaires Worth, How Much Richest Businessmen Worth, How Much Theo Albrecht Worth, How Much Theodor Paul Albrecht Worth, Karl & Theo Albrecht, Richest Billionaires Age, Richest Billionaires Background, Richest Billionaires Bio, Richest Billionaires Country, Richest Billionaires Date Of Birth, Richest Billionaires Ethnicity, Richest Billionaires Height, Richest Billionaires History, Richest Billionaires Home Town, Richest Billionaires Images, Richest Billionaires Income, Richest Billionaires Net Worth, Richest Billionaires News, Richest Billionaires Partner, Richest Billionaires Place Of Birth, Richest Billionaires Profession, Richest Billionaires Salary, Richest Billionaires Story, Richest Billionaires Talent, Richest Billionaires Videos, Richest Billionaires Weight, Richest Businessmen Age, Richest Businessmen Background, Richest Businessmen Bio, Richest Businessmen Country, Richest Businessmen Date Of Birth, Richest Businessmen Ethnicity, Richest Businessmen Height, Richest Businessmen History, Richest Businessmen Home Town, Richest Businessmen Images, Richest Businessmen Income, Richest Businessmen Net Worth, Richest Businessmen News, Richest Businessmen Partner, Richest Businessmen Place Of Birth, Richest Businessmen Profession, Richest Businessmen Salary, Richest Businessmen Story, Richest Businessmen Talent, Richest Businessmen Videos, Richest Businessmen Weight, Theo Albrecht, Theo Albrecht Age, Theo Albrecht Aldi, Theo Albrecht Background, Theo Albrecht Berthold Albrecht, Theo Albrecht Bio, Theo Albrecht Biography, Theo Albrecht Country, Theo Albrecht Date Of Birth, Theo Albrecht Ethnicity, Theo Albrecht Facts, Theo Albrecht Height, Theo Albrecht History, Theo Albrecht Home Town, Theo Albrecht Images, Theo Albrecht Income, Theo Albrecht Jewish, Theo Albrecht Jr, Theo Albrecht Kidnapping, Theo Albrecht Money, Theo Albrecht Nazi, Theo Albrecht Net Worth, Theo Albrecht News, Theo Albrecht Obituary, Theo Albrecht Partner, Theo Albrecht Place Of Birth, Theo Albrecht Profession, Theo Albrecht Quotes, Theo Albrecht Religion, Theo Albrecht Salary, Theo Albrecht Sr, Theo Albrecht Story, Theo Albrecht Talent, Theo Albrecht Trader Joe's, Theo Albrecht Videos, Theo Albrecht Weight, Theodor Paul Albrecht, Theodor Paul Albrecht Age, Theodor Paul Albrecht Background, Theodor Paul Albrecht Bio, Theodor Paul Albrecht Country, Theodor Paul Albrecht Date Of Birth, Theodor Paul Albrecht Ethnicity, Theodor Paul Albrecht Height, Theodor Paul Albrecht History, Theodor Paul Albrecht Home Town, Theodor Paul Albrecht Images, Theodor Paul Albrecht Income, Theodor Paul Albrecht Net Worth, Theodor Paul Albrecht News, Theodor Paul Albrecht Partner, Theodor Paul Albrecht Place Of Birth, Theodor Paul Albrecht Profession, Theodor Paul Albrecht Salary, Theodor Paul Albrecht Story, Theodor Paul Albrecht Talent, Theodor Paul Albrecht Videos, Theodor Paul Albrecht Weight, Who Is Richest Billionaires, Who Is Richest Businessmen, Who Is Theo Albrecht, Who Is Theodor Paul Albrecht,