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Beate Heister and Karl Albrecht Jr. were born in Germany in 1951 to Karl Albrecht Sr., who, along with his brother Theo Albrecht, turned their family's corner grocery into the retail powerhouse Aldi. In 1961, Karl Sr. obtained stores in southern Germany, plus the rights to Aldi in the U.K., Australia and the U.S., while Theo Sr. bought U.S. grocery chain Trader Joe's in 1971. The family entity Siepmann Stiftung is believed to own at least 75% of Aldi Sued, with the rest owned by charitable foundations. Beate has never worked at Aldi Sued, but sits on the advisory board with her husband Peter and son Peter Max Heister. Karl Jr. has worked in different positions at the company, but withdrew from his duties after being diagnosed with cancer. Beate's husband and children, along with Karl Jr.'s wife, Gabriele Mertes, are all believed to have a share in the fortune.
Beate Heister & Karl Albrecht Jr. is a member of Fashion & Retail
Age, Biography and Wiki
💰 Net worth: $44 Billion (2024)
Beate Heister & Karl Albrecht Jr., the heirs of the German retail giant Aldi, are estimated to have a net worth of $44 billion by 2024. In Germany, they are widely recognized for their significant contributions to the fashion and retail industry. As the descendants of Aldi's co-founder Karl Albrecht, Beate and Karl Jr. have successfully carried forward the legacy of their family business and expanded their influence both in Germany and internationally. With their immense wealth and expertise, they continue to shape the fashion and retail landscape in Germany, further solidifying their status as prominent figures in the industry.
Some Beate Heister & Karl Albrecht Jr. images
Biography/Timeline
2017
Together with her brother Karl Albrecht Jr., she has a net worth of US$31.1 billion, as of October 2017.