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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.
Theodor Paul Albrecht (German: [ˈalbʁɛçt]; 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.
Dec 18, 2020 · Learn how Karl and Theo Albrecht, two German brothers, transformed a small grocery store into a global supermarket chain. Discover their humble beginnings, their wartime experiences, and their business strategies that made Aldi a success.
Sep 10, 2019 · In 1960, Karl and Theo amicably split Aldi in half after a disagreement about whether to sell cigarettes — Theo wanted to sell them, but Karl thought they would attract shoplifters.
Jul 23, 2014 · Karl (right) and Theo Albrecht were brought up in humble surroundings in the then industrial Ruhr city of Essen. Their father was a miner whose ability to earn a living underground was cut...
- Tony Paterson
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...
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Karl Albrecht was the billionaire entrepreneur who with his brother, Theo Albrecht (Independent obituary, 14 August 2010), created the successful international discount supermarket chain, Aldi.
