Theo Albrecht the United States. Aldi and Trader Joe's, while owned by the brothers, have separate and distinct ownership and operations. Theo Albrecht and his brother Karl revolutionized the German grocery market with a low-cost business model. They had developed the supermarket as an outgrowth of their mother's small grocery store, which she had opened in 1913, in Essen, after Theo’s father had developed emphysema as a miner. Theodor learned the grocery business from his mother, in order to escape the fate of his father in the mines. He and his brother Karl developed Albrecht Diskont, one of Europe’s largest chains of
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