Aldi

Aldi

ALDI Einkauf GmbH & Co. oHG, doing business as ALDI ( ), short for "Albrecht Discount", is a global discount supermarket chain based in Germany. The chain is made up of two separate groups, ALDI Nord (North - operating as ALDI MARKT), with its headquarters in Essen, and ALDI Süd (South - operating as Aldi Süd), with its headquarters in Mülheim an der Ruhr, which operate independently from each other within specific areas. The individual groups were originally owned and managed by brothers Karl Albrecht and Theo Albrecht; Karl Albrecht retains ownership of Aldi Sud, and with a personal wealth of €17.2 billion, is the richest man in Germany, while the co-owners of Aldi Sud, Berthold and Theo Albrecht junior, follow close behind at €16 billion. Dieter Schwarz, owner of Lidl and Kaufland came in third, with a fortune of €11.5 billion. Theo Albrecht was Germany's second-wealthiest person at his death in July 2010.

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