Theo Albrecht, Jr. & family Net Worth

$19 Billion         |         Rank #85

Who is Theo Albrecht, Jr. & family

From a corner grocery store in Essen, opened in 1913, their father, Theo Sr., and his brother, Karl Sr., built their empire 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. Theo Albrecht, Jr. & family 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 Theo Albrecht, Jr. & family to make it into the worldwide list of billionaires and is among the wealthiest persons on earth. He is currently 71.0 years old. Theo Albrecht Jr. and the heirs of his brother, Berthold, inherited one of the world’s great retail fortunes. As of today, Theo Albrecht, Jr. & family’s net worth is roughly 19 Billion.

Facts about Theo Albrecht, Jr. & family

Net Worth: 19 Billion
Billionaire Rank: 85
Age: 71.0
Date of Birth: 01-01-51
Gender: Male
Currently Living in: Mulheim an der Ruhr, nan, Germany
Birth Place: Germany
Source of Wealth: Aldi, Trader Joe’s

To find out what is Theo Albrecht, Jr. & family Net Worth, how he got there and what is Theo Albrecht, Jr. & family Salary Per Day, Career, Biography and Childhood details, continue reading below.

Early Life of Theo Albrecht, Jr. & family

Theo Albrecht, Jr. & family was born on 01-01-51 in Germany. His mother, Cecilie, died in November 2018 at age 92. Little is known about the personal lives of family members. Theo Jr. sits on the board of the family foundation. Being raised in the same country, Theo Albrecht, Jr. & family spent most of his time in nan in the city of Mulheim an der Ruhr.

Theo Albrecht, Jr. & family net worth is estimated at 19 Billion Billion to date.

 

Theo Albrecht, Jr. & family Aldi, Trader Joe's
Theo Albrecht, Jr. & family Net Worth

Professional Journey

You will see him often in social media.  Theo Albrecht Jr. and the heirs of his brother, Berthold, inherited one of the world’s great retail fortunes. 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. His mother, Cecilie, died in November 2018 at age 92. In his youth, he was adventurous but unknown, but that was years ago. From a corner grocery store in Essen, opened in 1913, their father, Theo Sr., and his brother, Karl Sr., built their empire 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. 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. Theo Albrecht Jr. and the heirs of his brother, Berthold, inherited one of the world’s great retail fortunes.
It will not be wrong if we say that Theo Albrecht, Jr. & family is one of the granted billionaires who inherited most part of the wealth and stands at 85 in most wealthiest persons in the world.

FAQs

Here are a few most frequently asked questions about Theo Albrecht, Jr. & family:

How much is Theo Albrecht, Jr. & family worth?

Theo Albrecht, Jr. & family’s net worth is estimated to be 19 Billion.

How old is Theo Albrecht, Jr. & family?

Theo Albrecht, Jr. & family was born on 01-01-51, and is currently 71.0 years old.

What is Theo Albrecht, Jr. & family source of income?

Theo Albrecht, Jr. & family acquires most part of his wealth from Aldi, Trader Joe’s.
 

Concluding Theo Albrecht, Jr. & family Net Worth

Currently with a net worth of 19 Billion, Theo Albrecht, Jr. & family stands at 85 in the world billionaires list. And draws most of his wealth from Aldi, Trader Joe’s. Hope you like this information about Theo Albrecht, Jr. & family. If you like this, then please share it with your friends. This above post is all about the estimated worth of Theo Albrecht, Jr. & family. 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 Theo Albrecht, Jr. & family. Actual worth may vary a little. You can always get information by checking out Leaktown.com.