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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.
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.
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. Their father, a miner, became ill...
Jul 28, 2010 · The billionaire co-founder of budget supermarket Aldi has died, aged 88. Worth an estimated 17bn euros ($22bn; £14.5bn),Theo Albrecht was Germany's second wealthiest man, behind his brother Karl...
Jul 29, 2010 · FRANKFURT — Theo Albrecht, who with his brother Karl used lessons learned in the lean years of postwar Germany to build an international grocery empire, died Saturday in Essen, Germany. He was 88.
Jul 28, 2014 · Karl Albrecht left behind a fortune estimated at between €18 and €20 billion. Applying the Aldi principles to managing his wealth, he set up the tax-saving Siepmann Foundation in 1973.
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Jul 30, 2010 · Theo Albrecht , who died on July 24 aged 88, was the reclusive co-founder of the Aldi discount supermarket chain, and one of the richest men in Europe.
