EUROPEAN COMMISSION APPROVES AMGEN'S IMDYLLTRA® FOR THE TREATMENT OF EXTENSIVE-STAGE SMALL CELL LUNG CANCER Why BHP shares just got a big buy call How to have difficult conversations at work without risking your job Mehdi Hasan Slams Jewish Organizations for Overlooking Young Republicans Going ‘Full Neo-Nazi’ 'A great OLED TV with a few frustrations': I reviewed the LG B6, and it brings some much needed extra brightness to the B-series for HDR punch — but it's a shame a few things hold back it from perfection Galaxy Digital (GLXY): Leopold Aschenbrenner Is Bearish on This Stock SCHX’s 750 stocks hide a 48% concentration risk most dividend investors overlook Ellisons to Bari 60 Minutes The Iran Conflict's Gathering Storm: World Braces for Economic Contagion Jef Raskin, the Visionary Behind the Mac

Karl Albrecht Jr. & family

Karl Albrecht Jr. & family

Karl Albrecht Jr. & family (#171)

Global Rank #171
Country Rank #9
Country Germany

Karl Albrecht Jr. & family is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 17 B
  • Supermarkets
  • Germany
  • M
  • 78 Years

Snapshot

Quick Facts

Global Rank #171
Country Rank #9
Net Worth $17.0B
Previous Worth $17.0B
Worth Change +$0.0B
Country Germany
Industry Supermarkets
Age 78 Years
Gender M
Worth As Of May 3, 2026
Residence Muelheim, Germany
Citizenship Germany
World Billionaires List Germany Billionaires Supermarkets

Profile Data

Personal Stats

Age 78
Source Of Wealth Supermarkets
Residence Muelheim, Germany
Citizenship Germany
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $17.0B
Current Net Worth $17.0B

Worth as of May 3, 2026

About Me

Karl Albrecht Jr. is the son of Karl Albrecht Sr., the late grocery billionaire who died in 2014 at age 94. He and his sister, Beate Heister, are billionaire heirs to the Aldi retail fortune. After World War II, Karl Sr. and his brother, Theo Sr., who died in 2010 at age 88, took over their family's corner grocery store in Essen, Germany. In 1961, the brothers split ownership: Karl Sr. took the stores in southern Germany (Aldi Sued), plus rights to the Aldi brand in the U.K., Australia and the U.S. In the U.S., Aldi has more than 2,000 stores in 36 states, offering low prices and no-frills shopping. Theo Sr. got the stores in northern Germany and the rest of Europe. In 1971, he bought U.S. grocery chain Trader Joe's.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Karl Albrecht Jr. & family.

#146
Billionaires (2026)

Insights

Did You Know?

Karl Jr., who has no children, worked different positions at the company but withdrew from his duties after a cancer diagnosis.

Wealth Growth

Net Worth Growth Over Time

Tracking Karl Albrecht Jr. & family's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $17.0B (May 3, 2026)

© Iconic Billionaires