Karl Albrecht Jr. & family

Karl Albrecht Jr. & family (#162)

Global Rank #162

Country Rank #8

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 #162

Country Rank #8

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)