Name
Beate Heister
Primary Residence
Germany
Citizenship
Germany
Source Of Wealth
supermarkets
Net Worth
$34,100,000,000
Forbes 2019 Billionaires List Rank:
23
Forbes List Rank One: Title
#23 Billionaires 2019
- Leave a review
- Bookmark
- Share
- Claim listing
- Report
- prev
- next
Summary
Heirs to the Aldi retail fortune, Beate Heister and Karl Albrecht Jr. are the children of Karl Albrecht Sr., who died in July 2014 at age 94. After World War II, Karl Sr. and his brother, Theo Sr., who died in 2010 at age 88, took over their family's corner grocery store in Essen, Germany.Propagating the discount revolution in German retailing, they built their Aldi supermarket chain based on a low-price strategy similar to Wal-Mart. In 1961, the brothers split ownership: Karl Sr. took the stores in southern Germany, plus rights to the Aldi brand in the U.K., Australia and the U.S.Theo Sr. got the stores in northern Germany and the rest of Europe. In 1971, he bought U.S. grocery chain Trader Joe's.
Did you know?
Beate Heister has never worked at Aldi Sued (South), but her son Peter Max Heister heads the advisory board. Son Christian also serves on the board.Karl Jr., who has no children, worked different positions at the company but withdrew from his duties after a cancer diagnosis.
Categories
Father
Karl Albrecht Sr.
Current Wife
Beate Heister
You May Also Be Interested In
×
Add a review