Theo Albrecht Jr. 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 in Mülheim an der Ruhr,
Theo Albrecht Albrecht family’s personal life. The Albrecht family are known to be very reclusive and described by Forbes as ‘more reclusive than the yeti’. Theodor was rarely pictured by photographers and he never made a public statement. He was also claimed to be a devout Roman Catholic. The last published photo of Theo Albrecht dates to 1971, one day after his kidnapping. Another photo of the two Albrecht brothers together was taken in 1987 by journalist Franz Ruch. Theodor and his brother Karl were once said to own an island located in the North Sea where they would indulge in their