Germany's grocery kings on top

Karl Albrecht, the co-founder of discount supermarket chain Aldi, who is 93 and lives out of the public eye, has again topped Germany's rich list with a fortune estimated at €17.8 billion ($25.6 billion). At second place on the list with €16 billion were the families of Theo Albrecht jnr and his late brother Berthold, co-owners of the separate company Aldi Nord. Third on €13 billion was Dieter Schwarz, the owner of Aldi's rival Lidl. Former formula one world champion Michael Schumacher made it into the top 500 with €650 million.

Karl Albrecht, the co-founder of discount supermarket chain Aldi, who is 93 and lives out of the public eye, has again topped Germany's rich list with a fortune estimated at €17.8 billion ($25.6 billion). At second place on the list with €16 billion were the families of Theo Albrecht jnr and his late brother Berthold, co-owners of the separate company Aldi Nord. Third on €13 billion was Dieter Schwarz, the owner of Aldi's rival Lidl. Former formula one world champion Michael Schumacher made it into the top 500 with €650 million.

Want access to our latest research and new buy ideas?

Start a free 15 day trial and gain access to our research, recommendations and market-beating model portfolios.

Sign up for free

Join the Conversation...

There are comments posted so far.

If you'd like to join this conversation, please login or sign up here

Related Articles