Theo Albrecht, Jr.

Theo Albrecht, Jr.
Born 1950
Residence Mülheim an der Ruhr, Germany
Nationality German
Occupation Part owner of Trader Joe's and Aldi Nord
Net worth $18.7 billion[1]
Parent(s) Theo Albrecht (deceased)
Relatives Karl Albrecht (uncle)
Berthold Albrecht (brother, deceased)

Theodor "Theo" Albrecht, Jr. (born 1950)[2] is a German billionaire businessman, the son of Theo Albrecht, founder of Aldi.

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. Berthold Albrecht died in 2012, leaving his half share to his wife, Babette and their five children.[3]

As of January 2015, he has a net worth of $16.4 billion.[3]

Personal life

Albrecht lives in Mülheim an der Ruhr, Germany and has one child.[3]

References

  1. "The World's Billionaire List". Forbes. Retrieved 25 March 2015.
  2. "Die Albrechts – Aufstieg aus der Armut zum Imperium". Focus.de. Retrieved 1 January 2015.
  3. 3.0 3.1 3.2 "Theo Albrecht, Jr. & family". Forbes. Retrieved 1 January 2015.