Theo Albrecht
Name: Theo Albrecht
Occupation: Unclassified
Gender: Male
Birth Day: March 28, 1922
Death Date: 24 July 2010(2010-07-24) (aged 88)
Essen, Germany
Age: Aged 88
Country: Germany
Zodiac Sign: Aries

Social Accounts

Theo Albrecht

Theo Albrecht was born on March 28, 1922 in Germany (88 years old). Theo Albrecht is an Unclassified, zodiac sign: Aries. Nationality: Germany. Approx. Net Worth: $19.6 Billion. With the net worth of $19.6 Billion, Theo Albrecht is the #73 richest person on earth all the time in our database.

Net Worth 2020

$19.6 Billion
Find out more about Theo Albrecht net worth here.

Family Members

# Name Relationship Net Worth Salary Age Occupation
#1 Berthold Albrecht Children N/A N/A N/A
#2 Theo Albrecht Jr. Children N/A N/A N/A
#3 Dorothy Albrecht Grandchild N/A N/A N/A
#4 Karl Albrecht Siblings N/A N/A N/A
#5 Cecilia Albrecht Spouse N/A N/A N/A

Does Theo Albrecht Dead or Alive?

As per our current Database, Theo Albrecht died on 24 July 2010(2010-07-24) (aged 88)
Essen, Germany.

Physique

Height Weight Hair Colour Eye Colour Blood Type Tattoo(s)
N/A N/A N/A N/A N/A N/A

Biography

Biography Timeline

1946

Theo was raised in a catholic household. During World War II, Theo was conscripted into the Wehrmacht and served with Rommel's Afrika Korps. Theo was captured by the Americans in Tunisia. In 1946 he returned to Germany.

1960

Theo learned the grocery business from his mother, in order to escape the fate of his father in the mines. He and his brother Karl developed Albrecht Diskont, one of Europe's largest chains of supermarkets, with the motto "The best quality at the lowest price," and now known by its acronym, Aldi. Forbes has estimated Theo's fortune from the supermarket chain as approximately £11 billion. Theo and Karl Albrecht split the Aldi Company they founded in 1960 after a dispute about whether to sell cigarettes. The supermarket divided into two legally separate operating units with two geographical locations. Theo's Aldi Nord set to operate in the north of Germany and Karl's Aldi Süd, set to operate in Germany's south. Theo retired from daily operations in 1993 and remained as chairman of the board.

1971

In 1971, Albrecht was kidnapped for 17 days. A ransom of seven million German marks (approximately US$2 million at the time) was paid for his release. He was held at gunpoint by Heinz-Joachim Ollenburg, a lawyer, and his accomplice Paul Kron. The ransom sum was delivered by the Bishop of Essen. His kidnappers were eventually caught by authorities, but only half of the money was recovered. Albrecht later unsuccessfully claimed the ransom as a tax deductible business expense in court.

Theo's kidnapping in 1971 partially explains his and the family's hermit-like manner of existence. The kidnapping caused him to drive to work in an armored car, using a different route every day. Little is known about Theo and the Albrecht family's personal lives. The Albrecht family are known to be very reclusive and have been described by Forbes as ‘more reclusive than the yeti’. Theo was rarely pictured by photographers and he never made a public statement. The last published photo of Theo Albrecht dates from 1971, one day after his kidnapping. Another photo of the two Albrecht brothers together was taken in 1987 by journalist Franz Ruch.

🎂 Upcoming Birthday

Currently, Theo Albrecht is 99 years, 8 months and 0 days old. Theo Albrecht will celebrate 100th birthday on a Monday 28th of March 2022.

Find out about Theo Albrecht birthday activities in timeline view here.

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