How rich is Theo Albrecht?
Theo Albrecht Net Worth:
|Birth date:||March 28, 1922, Essen, Germany|
|Death date:||July 24, 2010, Essen, Germany|
|Children:||Berthold Albrecht, Theo Albrecht, Jr.|
|Parents:||Karl Albrecht Sr., Anna Albrecht|
Theo Albrecht net worth, wiki & biography:
Theo Albrecht Net Worth $188 Billion
Aldi – Is it a Scam?
He ran Aldi, a international discount supermarket chain in Germany along with his brother, Karl.
He was the owner and the Chief Executive Officer of Aldi, which now has two private chains. It used to be just one family enterprise, but today has more than 5,000 stores in nine European nations and the US.
Theo Albrecht was a target of kidnapping in 1971 and was abducted for 17 days. Seven million German marks or about $2 million during that time was paid for his launch. Besides this unlucky event, little is understood about the lives of the Albrecht brothers, as they both have been apparently reclusive. Theo passed away on July 24, 2010 at age 88.
In 1960, there was a favorable department of assets. Aldi and Trader Joe’s have different and distinct possession and businesses. Today, his property is managed by his son, Theo Albrecht Jr., as well as his grandchildren from his dead son, Berthold.