Forbes estimated Albrecht's fortune at approximately £11 billion (equivalent to £14,737,349,398 in 2024)
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Theodor Paul Albrecht was a German entrepreneur. He established the discount supermarket chain Aldi with his brother Karl Albrecht. In 2010, Theo was ranked by Forbes as the 31st richest person in the world, with a net worth of $16.7 billion.
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business · German businessman (1922–2010) · entrepreneur · also Theo Albrecht, Theodor Paul Albrecht, Albrecht
Born 28 March 1922 · Died 24 July 2010 · Q57771
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Forbes estimated Albrecht's fortune at approximately £11 billion (equivalent to £14,737,349,398 in 2024)
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Supermarket News: Obituary: Theo Albrecht
Died 2010-07-24.
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“If you use thinner paper, we will save money.”
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Theo was ranked by Forbes as the 31st richest person in the world, with a net worth of $16
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Albrecht died 24 July 2010, in his hometown of Essen.
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And remained as chairman of the company's board
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Partially explained his and the family's decision to largely withdraw from public life
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Albrecht's kidnapping in 1971 partially explained his and the family's decision to largely withdraw from public life.
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The last published photo of Theo Albrecht dates from 1971, one day after his kidnapping.
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After a dispute about whether or not to sell cigarettes
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“narrow product range and low price, [which] cannot be separated”
And his brother Karl developed Albrecht Diskont, with the motto "the best quality at the lowest price", now one of Europe's largest chains of supermarkets, known by the acronym Aldi
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At the age of 18, Theo was conscripted into the German Army and served in the North African campaign
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Born 1922-03-28.
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