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
Jewel (supermarket) Jewel (supermarket) Jewel-Osco is a supermarket chain headquartered in Itasca, Illinois, a Chicago suburb. Jewel-Osco has 187 stores across northern, central, and western Illinois; eastern Iowa; and portions of northwest Indiana. Jewel-Osco and Jewel are currently wholly owned subsidiaries of Boise, Idaho-based Albertsons. The company originally started as a door-to-door coffee delivery service before it expanded into delivering non-perishable groceries and later into grocery stores, and supermarkets. Prior to its 1984 acquisition by American Stores, Jewel evolved into a large multi-state holding company that operated several supermarket chains and other non-food retail chain stores located from coast to coast and