Karl Albrecht Jr.


Karl Hans Albrecht Jr. 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. He and his sister Beate Heister control the family trust, the Siepmann Stiftung, 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 is married to Gabriele Mertes, and they have no children.