Theo Albrecht Jr. Germany, and has one child. Theo Albrecht Jr. Theodor "Theo" Albrecht Jr. (born 1950) is a German billionaire businessman, the son of Theo Albrecht, co-founder of Aldi. As of January 2018, Albrecht's net worth is estimated by Forbes as $22.4 billion. In 2010, his father Theo Albrecht died, leaving the ownership of the German supermarket chain Aldi Nord and US supermarket chain Trader Joe's to his two sons, but Berthold died in 2012. Theo Albrecht Jr. and the heirs of his brother Berthold inherited the fortune, which originally grew from a corner grocery shop opened back in 1913. Albrecht lives
Grand Union (supermarket) were not disclosed. On May 28, 2013 grand reopening ceremonies were held for 9 stores which had been re-bannered under the Tops Friendly Markets name. The remaining 12 stores held grand reopening ceremonies on July 2, 2013 under the Tops Friendly Markets banner, effectively bringing an end to the Grand Union supermarket chain. Grand Union (supermarket) Grand Union Supermarkets, later known as Grand Union Family Markets and often referred to simply as Grand Union, was an American chain of grocery stores that did business primarily in the northeastern United States. It operated stores in other areas of the country including