Karl Albrecht, Co-Founder of Aldi Stores, Dies
date:Jul 22, 2014
Karl Albrecht, the reclusive businessman who became one the worlds wealthiest people after co-founding the Aldi discount supermarket chain after World War II, has died. He was 94.

He died in Essen on July 16 and was buried in a private ceremony today, the Frankfurter Allgemeine Zeitung reported.

Albrecht was the second-richest person in Germany and the 35th-wealthiest in the world, with an estimated fortune of $20.9 billion, according to the Bloomberg Billionaires Index. With his brother, Theo
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