Theo Albrecht Jr.
Theodor "Theo" Albrecht Jr. (born 1950)[2] is a German billionaire businessman, the son of Theo Albrecht, co-founder of Aldi. As of January 2018, Albrecht's net worth is estimated by Forbes as $22.4 billion.
Theo Albrecht Jr. | |
|---|---|
| Born | 1950 (age 70–71) Bremen, Germany |
| Nationality | German |
| Occupation | Owner of Trader Joe's and Aldi Nord |
| Net worth | US$22.4 billion (January 2018)[1] |
| Children | 1 |
| Parent(s) | Theo Albrecht |
| Relatives | Berthold Albrecht (brother) Karl Albrecht (uncle) |
Career
In 2010, his father Theo Albrecht died, leaving the ownership of the German supermarket chain Aldi Nord and US supermarket chain Trader Joe's to his two sons, Theo Jr. and Berthold, but Berthold died in 2012. Theo Albrecht Jr. and the heirs of his brother Berthold inherited the fortune, which originally grew from a corner grocery shop opened back in 1913.[1]
Personal life
Albrecht lives in Mülheim an der Ruhr, Germany, and has one child.[1]
References
- "The World's Billionaires: Theo Albrecht, Jr. & family". Forbes. Retrieved 13 March 2017.
- "Die Albrechts – Aufstieg aus der Armut zum Imperium". Focus.de. Retrieved 1 January 2015.
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