Thursday, March 06, 2008

Karl Albrecht Germany US$27B


Germany's richest man.


After World War II, Karl and his younger brother, Theo, developed their mother's corner grocery store into discount supermarket giant Aldi, which now has more than 8,000 stores and $67 billion in sales. They eventually split ownership and management of the chain into North and South regions.


Now retired, Karl used to manage more profitable southern half of Aldi's business in Germany.


Fiercely private: little known about him other than that he apparently raises orchids and plays golf.

1 comment:

Anonymous said...

Tom is just awesome, I wish I could be rich like him! He got 10th place in this list of the 10 richest man in the world! http://www.weshow.com/top10/en/