Theo Albrecht Jr & family: Theo Albrecht Jr & family Net Worth, Biography, Age, Spouse, Children & More

About Theo Albrecht Jr & family

German billionaire Theodor "Theo" Albrecht Jr., renowned as the proprietor of retail giants Trader Joe's and Aldi Nord, is a figurehead in the global supermarket industry. The son of Aldi's co-founder, Theo Albrecht, he was born in 1950 in Bremen and inherited the family business in 2010. Following the death of his brother Berthold in 2012, Theo Jr.'s fortune, now estimated at $20.6 billion as of July 2021, is rooted in a modest grocery store founded in 1913. Residing in Mülheim an der Ruhr, Germany, he is a father to one child.

Born

January 01, 1951

Age

75 years

Source Of Wealth

Aldi, Trader Joe's

Industries

Fashion & Retail

Citizenship

Germany

Residence

Mulheim an der Ruhr

Theodor "Theo" Albrecht Jr. was born on March 28, 1950, in Bremen, West Germany. He is the son of Theo Albrecht, the co-founder of the Aldi supermarket chain.

Theo Albrecht Jr & family: Family

Theo Albrecht Jr. is the son of Theo Albrecht, the co-founder of Aldi, and his wife Cäcilie. He has one brother, Berthold Albrecht, who died in 2012.

Theo Albrecht Jr & family: Career Highlights

Theo Albrecht Jr. inherited Aldi Nord and Trader Joe's from his father in 2010. He and his brother Berthold were the sole owners of the companies until Berthold's death in 2012. Theo Jr. is now the sole owner of Aldi Nord and Trader Joe's.

Theo Albrecht Jr & family: Companies

Theo Albrecht Jr. is the owner of Aldi Nord, a discount supermarket chain with over 4,000 stores in Europe. He is also the owner of Trader Joe's, a specialty grocery chain with over 500 stores in the United States.

Theo Albrecht Jr & family: Major Achievements

Theo Albrecht Jr. has overseen the growth of Aldi Nord and Trader Joe's into two of the most successful grocery chains in the world. He is also credited with introducing the discount supermarket concept to Europe.

Theo Albrecht Jr & family: Awards & Achievements

Theo Albrecht Jr. has received numerous awards for his business achievements, including the Order of Merit of the Federal Republic of Germany and the European Business Award.

Theo Albrecht Jr & family: Personal Life & Legacy

Theo Albrecht Jr. is married and has one child. He lives in Mülheim an der Ruhr, Germany. He is known for his privacy and rarely gives interviews.

Theo Albrecht Jr & family: Trivia

Theo Albrecht Jr. is a billionaire with an estimated net worth of US$20.6 billion (July 2021). He is one of the richest people in Germany.

Wealth History

Timeline

1950

Theodor "Theo" Albrecht Jr. is born in Bremen, West Germany.

2010

Theo Albrecht Jr. inherits Aldi Nord and Trader Joe's from his father, Theo Albrecht.

2012

Theo Albrecht Jr.'s brother, Berthold, dies, leaving Theo Jr. and Berthold's heirs as the sole owners of Aldi Nord and Trader Joe's.

Theo Albrecht Jr & family : FAQs

What is Theo Albrecht Jr's current net worth?

Theo Albrecht Jr's current net worth is $17.30 billion.

What is Theo Albrecht Jr's current global rank among billionaires?

Theo Albrecht Jr holds the 157th position globally among billionaires.

What is Theo Albrecht Jr's current ranking within the Germany?

Theo Albrecht Jr holds the 9th position in Germany.

What was the change in Theo Albrecht Jr's net worth compared to the previous year?

Theo Albrecht Jr's net worth increased by 642.42 million dollars compared to the previous year 2025, when his net worth was 16.66 billion dollars.

What are Theo Albrecht Jr's main sources of wealth?

Theo Albrecht Jr's main source of income comes from Aldi, Trader Joe's.

In which industry does Theo Albrecht Jr primarily operate?

Theo Albrecht Jr is primarily involved in the Fashion & Retail industry.

How old is Theo Albrecht Jr?

Theo Albrecht Jr is 75 years old.

How many children does Theo Albrecht Jr have?

Theo Albrecht Jr has 1 children.

Who is Theodor 'Theo' Albrecht Jr. and what is his connection to Trader Joe's and Aldi Nord?

Theodor 'Theo' Albrecht Jr. is a German billionaire businessman who owns the popular supermarket chains Trader Joe's and Aldi Nord. He is the son of Theo Albrecht, one of the co-founders of Aldi.

How did Theodor Albrecht Jr. start his career in the retail business?

Theodor Albrecht Jr. inherited the retail business Aldi Nord and Trader Joe's from his father in 2010 and took over as owner following the death of his brother Berthold in 2012. His career in the retail business is rooted in a corner grocery shop that was opened in 1913, from which the Aldi brand originated.

Where was Theodor 'Theo' Albrecht Jr. born and raised?

Theodor 'Theo' Albrecht Jr. was born in Bremen, West Germany, in 1950 and is the son of Aldi's co-founder Theo Albrecht.

Can you tell me about Theodor Albrecht Jr.'s personal life and family?

Theodor Albrecht Jr. leads a private life in Mülheim an der Ruhr, Germany, and has one child. He maintains a low public profile despite his significant wealth and business influence.