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.
InvestSMART FORUM: Come and meet the team
We're loading up the van and going on tour from April to June, with events on the NSW central & north coast, the QLD mid-north coast and in Perth, Adelaide, Melbourne, Sydney and Canberra. Come and meet the team and take home simple strategies that you can use to build an investment portfolio to weather any storm. Book your spot here.
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