Karl Baedeker died, the "Pall Mall Gazette" described a Baedeker guidebook as being "singularly accurate", and in the English version of Jacques Offenbach's musical "La Vie parisienne" this memorable lyric rings out: "Kings and governments may err / But never Mr. Baedeker." Towards the end of his life, Baedeker told friends that he regretted not having accomplished more in his life and wondered whether his work would survive. Little did he know that the name Baedeker would one day become a synonym for a travel guide, whatever its provenance, and that Verlag Karl Baedeker, which still exists and continues to bear his
Karl Albrecht Jr. and they have no children. Karl Albrecht Jr. Karl Albrecht Jr. (born 1948) is a German billionaire, and the son of Karl Albrecht, who founded the discount supermarket chain Aldi with his brother Theo. Albrecht worked for Aldi Süd in various roles until his resignation due to a cancer diagnosis (from which he subsequently recovered). He and his sister Beate Heister control the family trust, the Siepmann Stiftung (named for their mother), which, in turn, controls Aldi Süd, the source of their joint fortune. Together with Heister, he has a net worth of US$25 billion, as of December 2018. He