• Germany's news in English

Aldi dynasty continue to lead German rich list

The Local · 10 Oct 2011, 15:32

Published: 10 Oct 2011 15:32 GMT+02:00

Facebook Twitter Google+ reddit

A survey published in this week’s manager magazin put owner of Aldi Süd, Karl Albrecht at the top of the list with his fortune of €17.2 billion.

Right behind him are the owners of Aldi Nord, Berthold and Theo Albrecht junior who are worth €16 billion. Dieter Schwarz, owner of Lidl and Kaufland came in third, with a fortune of €11.5 billion.

The recent Euro-crisis seems to have hit many of Germany’s mega-rich, with insurance and banking moguls, as well as those in the transport and construction industry, having experienced financial setbacks over the past months.

Among of the more unfortunate on the rich list this year is the Wacker family, whose fortune of €450 billion dropped to a mere €3.6 billion in the past 12 months, after stocks in their chemical company fell. High street drugstore founders, the Schlecker family also saw losses, as their €350 billion dropped to €1.95 billion.

BMW heiress Susanne Klatten boasts the biggest increase in wealth this year, as her previous €1.05 billion euro rose to €8.9 billion, putting her up in the top five with the supermarket moguls.

Even with the turbulence on the stock market, the total wealth of Germany’s 100 richest has increased by 6.5 percent to more than €307 billion over the past 12 months – although it is still significantly lower than 2008’s record total of €324.6 billion.

The number of families or individuals in Germany with a billion euros or more has also risen over the past 12 months from 91 to 108.

The manager magazin top ten richest Germans are -

1. Karl Albrecht and family (Aldi Süd) €17.20 billion

2. Berthold and Theo Albrecht junior and family (Aldi Nord) €16 billion

3. Dieter Schwarz (Lidl, Kaufland) €11.50 billion

4. Otto family (Otto mail order) €9.00 billion

5. Susanne Klatten (BMW, Altana) €8.90 billion

6. Reimann family (Reckitt Benckiser, Coty) €8 billion

7. Reinhold family Würth (Würth) €7.20 billion

8. Günter and Daniela Herz (Germanischer Lloyd) €7 billion

Story continues below…

8. Oetker family (Oetker) €7 billion

10. Rethmann family (Remondis) €6 billion

The Local/jcw

The Local (news@thelocal.de)

Facebook Twitter Google+ reddit

Your comments about this article

09:47 October 11, 2011 by shahislam
If, it is not for sharing profiteering fortune of artificially raised oil-price money, then, non-violent removal of only a few guys in business of politics of the West would also force the brutal ruler-ships to change their inhuman policies of the old or expedite the removals of the ¦#39;Out of date¦#39;: opportunist guys¦#39; or king¦#39;s businesses of terrorism for it¦#39;s own comfort to remain in the power vacuum, historically unnoticed by the majority of the then old-world and not ever claimed by wise guys like evolved most intelligent men of this 21st Century Generation.

The evidences of these types of heinous acts (Just like Assad¦#39;s of Syria; for personal enjoyment of hereditary power, in old styled form of politics, to suppress awareness of true justice by brutal treatments for creating fear in isolated portion of the collective global Public) that are currently taking place in this rapidly growing digital communication technology and time are now invincible and not subject to procedural destruction anymore, therefore, to the surprise of the perpetrators, the painful memories shall never be wiped out! (All the credits, eternally go to the neutral wise-understanding of the region-less Creator of Cosmos).

The Bangladeshi heads in power, just like money hungry mongers of Pakistan, India, Syria, Bahrain, Nigeria, Somalia, Iran, North Korea, Mexico, Colombia, Venezuela etc. neither have enough intelligence (because they are elected to represent ignorance of majority) nor any idea about how to join the emerging new body of honest politicians in the West for help create a one standard Global justice system for aiding Humanity¦#39;s positive side for a possible new peaceful world where.............
Today's headlines
Five things not to miss at the Frankfurt Book Fair
Photo: DPA

From consulting a book doctor to immersing yourself in an author's world with the help of virtual reality, here are five things not to miss at this week's Frankfurt Book Fair, the world's largest publishing event.

Parents who don't get nursery spot for kid entitled to pay
Photo: DPA

The Federal Court of Justice (BGH) ruled on Thursday that parents whose children don't receive placements in nursery care are entitled to compensation.

Eurowings braces as cabin crew union proclaims strike
Photo: DPA

A union representing cabin crew for Lufthansa's budget airline Eurowings announced that strikes could take place at any time over the next two weeks, starting on Monday.

Mysterious German U-boat wreckage found off Scotland
Photo: ScottishPower

First World War U-boat "attacked by sea monster” thought to be found off Scottish coast.

Supermarket Edeka warns of exploding apple juice bottles
Photo: DPA

"Risk of injury" from "Gut und Günstig" sparkling apple juice bottles has forced Germany's largest supermarket to recall the product.

By wheelchair from Syria to Germany: teen's story of hope
Nujeen Mustafa. Photo: HarperCollins-William Collins Publicity/Private

She tackled the gruelling 2,000-kilometre migrant trail in a wheelchair, translating along the way for other refugees using English she learned from a US soap opera. Now this teen is living in Germany and hoping to inspire others with a newly published memoir.

Berlin Zoo to have a pair of pandas by next summer
A recently born panda pair at Vienna Zoo. Photo: DPA

The giant bamboo-eating bears will move into a brand new 5,000 square-metre enclosure in the capital's Zoologischer Garten.

Two new spider species discovered in Munich
Zoropsis spinimana. Photo: rankingranqueen / Wikimedia Commons

It's news every arachnophobe in Munich is no doubt thrilled to hear: two types of spider new to the region have been discovered in the Bavarian capital - and one of them bites!

After woman's body found in barrel, husband may walk free
Franziska S., who went missing 24 years ago. Photo: Hanover police.

A woman disappeared in Hanover 24 years ago, but no one reported her missing. Although her husband has now confessed to her murder, he still may not step foot in jail.

Two injured after army tank falls 50 metres in Alps
A Bundeswehr Puma tank. File photo: DPA

A Bundeswehr (German army) soldier has been severely injured after the tank he was riding in crashed 50 metres down an embankment after going off course in bad weather.

Sponsored Article
How to vote absentee from abroad in the US elections
10 things you never knew about socialist East Germany
Sponsored Article
Last chance to vote absentee in the US elections
How Germans fell in love with America's favourite squash
How I ditched London for Berlin and became a published author
Sponsored Article
How to vote absentee from abroad in the US elections
12 clever German idioms that'll make you sound like a pro
23 fascinating facts you never knew about Berlin
9 unmissable events to check out in Germany this October
10 things you never knew about German reunification
10 things you're sure to notice after an Oktoberfest visit
Germany's 10 most Instagram-able places
15 pics that prove Germany is absolutely enchanting in autumn
10 German films you have to watch before you die
6 things about Munich that’ll stay with you forever
10 pieces of German slang you'll never learn in class
Ouch! Naked swimmer hospitalized after angler hooks his penis
Six reasons why Berlin is now known as 'the failed city'
15 tell-tale signs you’ll never quite master German
7 American habits that make Germans very, very uncomfortable
Story of a fugitive cow who outwitted police for weeks before capture
Eleven famous Germans with surnames that'll make your sides split
The best ways to get a visa as an American in Germany
Toytown Germany
Germany's English-speaking crowd