Theo Albrecht Jr & family

Theo Albrecht Jr & family (#158)

$ 18 B
Aldi, Trader Joe's
Germany
M
75 Years

About Me

Theo Albrecht Jr. is an heir to Aldi, one of the world's great retail fortunes, along with the heirs of his brother, Berthold. Aldi was founded in 1913 by his father Theo Sr. and uncle, Karl Sr. as a corner grocery store in Essen, that they began expanding after World War II. Propagating the discount revolution in German retailing, they ran their Aldi supermarket chain based on a low-price strategy similar to Walmart. In 1961, the brothers split ownership: Karl Sr. took the stores in southern Germany, plus rights to the Aldi brand in the U.K., Australia and the U.S. Theo Sr. got the stores in northern Germany and the rest of Europe. In 1971, he bought U.S. grocery discounter Trader Joe's.

Achievements

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Theo Albrecht Jr & family’s rise and global influence.

#158 Billionaires (2026)

Wealth Growth

Net Worth Growth Over Time

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

Current Net Worth: $17.9B (April 18, 2026)