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Karl Albrecht

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  • Karl Albrecht dies at 94; billionaire built Aldi food empire

    Karl Albrecht, a reclusive German billionaire who with his younger brother Theo turned his mother's corner store into a worldwide grocery empire, has died. He was 94.
  • Karl Albrecht, Aldi co-founder and Germany's richest person, dies at 94

    Karl Albrecht, the man credited with bringing discount stores to Europe with the no-frills Aldi supermarket chain, died aged 94 last Wednesday, Aldi said in a statement. Publicity-shy Albrecht co-founded privately held Aldi with his brother Theo after...