Theo Albrecht, the secretive co-founder of Germany’s worldwide discount supermarket chain Aldi, a co-owner of Trader Joe’s in the United States and one of Europe’s richest men, has died. He ...

Theo Albrecht’s half of the business, Aldi Nord, with 5,200 stores, had estimated sales last year of 24.9 billion euros, or $32.4 billion, according to Planet Retail.

Theo Albrecht , who died on July 24 aged 88, was the reclusive co-founder of the Aldi discount supermarket chain, and one of the richest men in Europe.

The Albrecht family, including Theo Albrecht, Jr. and the heirs of his brother, are worth $17.9 billion, according to Forbes’ estimates. Surprising Fact.

The German entrepreneur Theo Albrecht purchased Trader Joe's in 1979. Ownership was passed onto his heirs when he died in 2010. Between 1990 and 2001, ...

Back in 1979, Theo Albrecht, who was the CEO at the time for Aldi, bought the company to add to his family's investment portfolio. He never looked back after this purchase.

One of Anna’s sons, Theo Albrecht, was kidnapped in 1971 and held hostage for 17 days, according to Mental Floss. His captors wanted 7 million deutschmarks to return him.

Aldi split Germany in half when brothers Karl and Theo Albrecht split their empire, but the two entities do share things like a main website and, of course, the moniker of their last name and the ...

Theo Albrecht, the secretive co-founder of Germany’s worldwide discount supermarket chain Aldi, a co-owner of Trader Joe’s in the United States and one of Europe’s richest men, has died.

Aldi logo in Germany - nitpicker/Shutterstock. Aldi split Germany in half when brothers Karl and Theo Albrecht split their empire, but the two entities do share things like a main website and, of ...