Karl Albrecht is 90 years old today.
He is worth an estimated $25.4 billion making him oldest billionaire in the worlds top 20 billionaires and the richest man in Germany.
After the second world war, Karl and his twin brother Theo (co-incidentally also born on the 28th of march), took over their mothers small grocery store calling it Albrecht Discounts. This was later shortened to Aldi.
Aldi is now one of the biggest grocery chains with over 9500 stores worldwide.
So lets raise a glass to Karl.
Many happy returns.
Happy Birthday Karl Albrecht
March 28th, 2012 at 07:11 am
March 28th, 2012 at 01:19 pm 1332940797
Just one example of Aldi's deals:
Currently we are getting oranges at Aldi, $1.29 for 4 pounds (1.8 kg). I cannot imagine how they can sell at that price. I don't think I could not buy them at the orchard in Florida for such a price.