Aldi

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Aldi

COMPANY

German supermarket chain. Owned by billionaire brothers Karl Albrecht and Theo Albrecht, inherited from their parents who opened the first Albrecht grocery store in 1913. The brothers took over management after World War II and greatly expanded its operations.

Industry:
Retail

Ticker:
(private)

Corporate headquarters:
Essen, Germany

Sales:
$58B (2008)

EXECUTIVES

Name Occupation Birth Death Known for

Karl Albrecht Business 28-Mar-1922 Founded Aldi, personal worth $23B

Theo Albrecht Business 28-Mar-1922 24-Jul-2010 World's 20th richest man, 2005

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