$47 Billion         |         Rank #28

Who is Dieter Schwarz

Schwarz inherited the company from his father, Josef, who became a partner in Suedfruechte Grosshandel Lidl & Co., a fruit wholesaler, in 1930.
Dieter opened the first Lidl store in 1973, became CEO in 1977 when Josef died, and built Schwarz Group into Europe’s largest retail empire, with 500,000 employees.
Lidl entered the U.S. in 2017, promising to convince consumers to “Rethink Grocery.” Its stores are mostly in Virginia and North and South Carolina.
Schwarz Group is owned by a foundation, technically a limited liability company, but Dieter maintains full control and is the effective owner. Dieter Schwarz is from those few lucky persons who were born rich. He has inherited most of the part of his Wealth. Which leads to the fact that it was comparatively easy for Dieter Schwarz to make it into the worldwide list of billionaires and is among the wealthiest persons on earth. He is currently 82.0 years old. Dieter Schwarz’s Schwarz Group, with revenue of over $140 billion, is comprised of the Kaufland and Lidl (rhymes with needle) discount supermarkets. As of today, Dieter Schwarz’s net worth is roughly 47 Billion.

Facts about Dieter Schwarz

To find out what is Dieter Schwarz Net Worth, how he got there and what is Dieter Schwarz Salary Per Day, Career, Biography and Childhood details, continue reading below.

Early Life of Dieter Schwarz

Dieter Schwarz was born on 24-09-39 in Germany. A decidedly private person who shuns all publicity, Schwarz has been married for more than 50 years and has two daughters. The Dieter Schwarz Foundation supports education and daycare facilities for children, as well as science and research projects. Being raised in the same country, Dieter Schwarz spent most of his time in nan in the city of Neckarsulm.

Dieter Schwarz net worth is estimated at 47 Billion Billion to date.

Professional Journey

You will see him often in social media.  Dieter Schwarz’s Schwarz Group, with revenue of over $140 billion, is comprised of the Kaufland and Lidl (rhymes with needle) discount supermarkets. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. A decidedly private person who shuns all publicity, Schwarz has been married for more than 50 years and has two daughters. In his youth, he was adventurous but unknown, but that was years ago. Schwarz inherited the company from his father, Josef, who became a partner in Suedfruechte Grosshandel Lidl & Co., a fruit wholesaler, in 1930.
Dieter opened the first Lidl store in 1973, became CEO in 1977 when Josef died, and built Schwarz Group into Europe’s largest retail empire, with 500,000 employees.
Lidl entered the U.S. in 2017, promising to convince consumers to “Rethink Grocery.” Its stores are mostly in Virginia and North and South Carolina.
Schwarz Group is owned by a foundation, technically a limited liability company, but Dieter maintains full control and is the effective owner. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Dieter Schwarz’s Schwarz Group, with revenue of over $140 billion, is comprised of the Kaufland and Lidl (rhymes with needle) discount supermarkets.
It will not be wrong if we say that Dieter Schwarz is one of the granted billionaires who inherited most part of the wealth and stands at 28 in most wealthiest persons in the world.

FAQs

Here are a few most frequently asked questions about Dieter Schwarz:

How much is Dieter Schwarz worth?

Dieter Schwarz’s net worth is estimated to be 47 Billion.

How old is Dieter Schwarz?

Dieter Schwarz was born on 24-09-39, and is currently 82.0 years old.

What is Dieter Schwarz source of income?

Dieter Schwarz acquires most part of his wealth from retail.
 

Concluding Dieter Schwarz Net Worth

Currently with a net worth of 47 Billion, Dieter Schwarz stands at 28 in the world billionaires list. And draws most of his wealth from retail. Hope you like this information about Dieter Schwarz. If you like this, then please share it with your friends. This above post is all about the estimated worth of Dieter Schwarz. Do you have any queries? Feel free to ask via comment section.

Disclaimer: Please keep in mind that this is an estimated net worth of Dieter Schwarz. Actual worth may vary a little. You can always get information by checking out Leaktown.com.