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Theodor "Theo" Albrecht Jr. (born 1950) is a German billionaire businessman, the owner of Trader Joe's and Aldi Nord, and the son of Aldi's co-founder. As of July 2021, Albrecht's net worth is estimated at US$20.6 billion.
Aldi (stylised as ALDI [6]) (German pronunciation: ⓘ) is the common company brand name of two German multinational family-owned discount supermarket chains operating over 12,000 stores in 18 countries. [7] [8] The chain was founded by brothers Karl and Theo Albrecht in 1946, when they took over their mother's store in Essen.
Name Areas served Year founded Headquarters Associated supermarket brands Ahold Delhaize: Connecticut, Delaware, Georgia, Kentucky, Maine, Maryland, Massachusetts ...
Theo and Karl Albrecht split the Aldi Company they founded in 1960 after a dispute about whether to sell cigarettes. [8] The supermarket divided into two legally separate operating units with two distinct geographical locations. Theo's Aldi Nord set to operate in the north of Germany, while Karl's Aldi Süd set to operate in Germany's south. [9]
Aldi — which says it is the fastest-growing grocer in the United States — plans to open more than 225 new stores in 2025 as part of the next phase of its five-year national growth strategy ...
Aldi Süd: 129 Andreas von Bechtolsheim Germany: 14.8 billion Sun Microsystems, Arista Networks: 135 Theo Albrecht Jr. Germany: 14 billion Aldi Nord and Trader Joe's: 164 Hasso Plattner Germany: 12.1 billion SAP: 195 Georg Schaeffler Germany: 10.9 billion Schaeffler Group: 203 Friedhelm Loh Germany: 10.6 billion Friedhelm Loh Group: 232 Andreas ...
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