| Birth Year | 1950 |
| Birth Place | Mulheim an der Ruhr, Germany, Germany |
| Age | 73 YEARS OLD |
| Residence | Mülheim an der Ruhr, Germany |
| Occupation | Part owner of Trader Joe's and Aldi Nord |
| Children | 1 |
| Parent(s) | Theo Albrecht |
| Relatives | Berthold Albrecht (brother) Karl Albrecht (uncle) |
Theo Albrecht, Jr., widely recognized as a prominent figure in the fashion and retail industry in Germany, is expected to have a net worth reaching $16.5 billion by the year 2024. As a member of the renowned Albrecht family, renowned for their ownership of the supermarket chain Aldi, Albrecht Jr. possesses an immense wealth derived from his stake in the company. His financial success is a testament to his exceptional business acumen and his ability to adapt and innovate within the ever-evolving fashion and retail landscape.
In 2010, his Father Theo Albrecht died, leaving the ownership of the German supermarket chain Aldi Nord and US supermarket chain Trader Joe's to his two sons, but Berthold died in 2012. Theo Albrecht Jr. and the heirs of his brother Berthold inherited the fortune, which originally grew from a corner grocery store opened back in 1913.
