Beate Heister & Karl Albrecht Jr. & family

$32.14B

as of 02/01/23

About Beate Heister & Karl Albrecht Jr. & family

Heirs to the Aldi retail fortune, Beate Heister and Karl Albrecht Jr. are the children of Karl Albrecht Sr., who died in 2014 at age 94.

After World War II, Karl Sr. and his brother, Theo Sr., who died in 2010 at age 88, took over their family's corner grocery store in Essen, Germany.

In 1961, the brothers split ownership: Karl Sr. took the stores in southern Germany (Aldi Sued), plus rights to the Aldi brand in the U.K., Australia and the U.S.

In the U.S., Aldi has more than 2,000 stores in 36 states, offering low prices and no-frills shopping.

Theo Sr. got the stores in northern Germany and the rest of Europe. In 1971, he bought U.S. grocery chain Trader Joe's.

Personal stats

Citizenship

Germany

Source of wealth

supermarkets

Residence

Muelheim, Germany

Self-made

inherited

Beate Heister & Karl Albrecht Jr. & family’s fortune is worth

536K

troy ounces of gold

494K

median U.S. household

321K

median U.S. income

0.643%

U.S. credit card volume

0.129%

GDP of the United States

0.095%

United States debt

Net worth history

Annual ranking

Did you know?

Beate Heister has never worked at Aldi Sued (South), but her son Peter Max Heister heads the advisory board. Son Christian also serves on the board.

Beate Heister & Karl Albrecht Jr. & family