Karl Albrecht in Germany, and the fourth-richest in Europe. 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
Steinberg's (supermarket) estate company Ivanhoe (which absorbed Cambridge Shopping Centres Ltd in 2001 to become Ivanhoe Cambridge). His restaurant chain Pik-Nik, founded in 1966, lasted until the mid-2010s. Succession for the Steinberg's grocery chain was the subject of a 1974 National Film Board of Canada documentary by Arthur Hammond entitled "After Mr. Sam". Steinberg's (supermarket) Steinberg's (renamed Steinberg in 1961) was a large family-owned Canadian grocery store chain that mainly operated in the province of Quebec and later Ontario. In addition to its flagship supermarket chain, the company operated several subsidiaries across the country. The company went bankrupt in 1992, three years