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  2. Theodor Paul Albrecht ( German: [ˈalbʁɛçt]; 28 March 1922 – 24 July 2010) [ 1] 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. [ 5]

  3. Karl and Theo Albrecht were born and raised in a Catholic [ 3] family in modest circumstances in Essen, Germany. Their father, Karl Sr., worked as a miner and later as a baker's assistant, [ 4] while their mother Anna (née Siepmann) ran a small grocery store in the workers' quarter of Schonnebeck [ de], a suburb of Essen.

  4. Apr 28, 2019 · Theo fought in Rommels Afrika Korps before becoming a POW in Italy in 1945. They returned home after the fighting stopped to find Essen decimated by bombing - their family's shop,...

    • Nathan Bevan
  5. 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.

    • Where did Theo & Karl Albrecht grow up?1
    • Where did Theo & Karl Albrecht grow up?2
    • Where did Theo & Karl Albrecht grow up?3
    • Where did Theo & Karl Albrecht grow up?4
    • Where did Theo & Karl Albrecht grow up?5
  6. Karl and Theo Albrecht's mother owned a small grocery store in a working class neighborhood of Essen, Germany. Karl and Theo would go on to grow that small grocer into a worldwide company...

  7. 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...

  8. Born in Schonnebeck, a suburb of Essen in the industrial Ruhr region of Germany in 1922, Theodor Paul Albrecht was two years younger than his brother Karl.