Karl Albrecht

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Karl Albrecht
Born Karl Hans Albrecht
(1920-02-20)20 February 1920
Essen, Germany
Died 16 July 2014(2014-07-16) (aged 94)
Essen, Germany
Residence Mulheim an der Ruhr, Germany[1]
Citizenship German
Occupation Entrepreneur
Known for Co-founder of Aldi
Children Two[1]
Relatives Theo Albrecht
(brother, dead)
Theo Albrecht, Jr (nephew)
Berthold Albrecht
(nephew, dead)

Karl Hans Albrecht (20 February 1920 – 16 July 2014) was a German entrepreneur. He founded the supermarket chain Aldi with his brother Theo. In October 2012, Albrecht was listed as one of the richest people in the world with an estimated net worth of US$22.6 billion.[4]

Previously, Forbes listed him as one of richest men in the world, with an estimated net worth in 2011 of US$25.4 billion. That made him 10th in the 2012 Forbes list of billionaires. He was the oldest billionaire in the Top 20 list.[1] Albrecht was the richest person in Germany, and the fourth-richest in Europe.[5]

Albrecht was born on 20 February 1920 in Essen, Germany. He was married. He has two children. Albrecht lived in Mulheim an der Ruhr, Germany.

Albrecht died in Essen, Germany from natural causes, aged 94.[6]

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