Advertisement

Aldi founder Albrecht remains richest German

Author thumbnail
Aldi founder Albrecht remains richest German
Photo: DPA

Karl Albrecht, the founder of discount supermarket chain Aldi, remains Germany’s richest person, according to Forbes magazine rankings published on Thursday.

Advertisement

The 90-year-old Albrecht’s $23.5 billion (€17.3 billion) means he was also the tenth wealthiest person worldwide. The man behind Germany’s successful yet unglamorously cheap grocery stores has less than half the pile of cash of Mexican businessman Carlos Slim, who is the planet’s richest person with $53.5 billion.

Four other Germans made it into Forbes’ top 100 richest people: mail-order mogul Michael Otto came in 21st with $18.7 billion, Karl’s brother Theo 31st with $16.7 billion, BMW shareholder and Quandt-family heiress Susanne Klatten 51st with $11.1 billion, and banker August von Finck 99th with $7.3 billion.

Germany had 53 people among the magazine’s 1,000 ranked billionaires, but Albert von Thurn und Taxis had to give up his title of being the world’s youngest person to belong to the billionaire’s club to Facebook founder Mark Zuckerberg. The 26-year-old German blueblood is worth $2.2 billion whereas the US tech tycoon has $4 billion in the bank.

More

Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.

Please log in to leave a comment.

See Also