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,
Karl May 1913, Klara May, Friedrich Ernst Fehsenfeld (May’s main publisher) and the jurist Euchar Albrecht Schmid established the "Foundation Press Fehsenfeld & Co." ("Stiftungs-Verlag Fehsenfeld & Co.") in Radebeul. In 1915, the name changed to "Karl May Press" ("Karl-May-Verlag" (KMV)). The KMV consolidated the rights to May's works from internal discord and from other publishers. Third-hand revisions of these texts were added to the series "Karl May’s Gesammelte Reiseerzählungen", which was renamed to "Karl May’s Gesammelte Werke (und Briefe)". The existing 33 volumes of the original series were also revised, some extensively. By 1945 there were 65 volumes. The press is