Karl Albrecht Karl Albrecht Karl Hans Albrecht (; 20 February 1920 – 16 July 2014) was a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. He was for many years the richest person in Germany. In February 2014, he was ranked the 21st-richest person in the world by Hurun Report. Karl and Theo Albrecht were born and raised in a Catholic family in modest circumstances in Essen, Germany. Their father, Karl Sr, was employed as a miner and later as a baker's assistant. Their mother Anna, née Siepmann, had a small grocery store in the worker's quarter
Karl Albrecht the latter's death. Golf was one of his hobbies, and Albrecht played the sport on his own golf course, the Öschberghof, which he built in 1976. He also raised orchids. In 2014, Albrecht was listed as one of the richest people in the world with an estimated net worth of . Previously, "Forbes" magazine listed him as one of the richest men in the world, with an estimated net worth in 2011 of , which ranked him 10th in its 2012 list of billionaires – making him the oldest billionaire in the Top 20 list. Albrecht was the richest person