Rank #166
Beate Heister
Net worth $17.4B
Supermarkets · Germany
- Born
- Jan 01, 1951
- Age
- 75
- Source
- Supermarkets
- Residence
- Citizenship
- Germany
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Beate Heister is the daughter of Karl Albrecht Sr. and heir to the Aldi retail fortune, along with her billionaire brother, Karl Albrecht Jr.
- After World War II, Karl Sr. and his brother, Theo Sr., who died in 2010 at age 88, took over their family's corner grocery store in Essen, Germany.
- In 1961, the brothers split ownership: Karl Sr. took the stores in southern Germany (Aldi Sued), plus rights to the Aldi brand in the U.K., Australia and the U.S.
- In the U.S., Aldi has more than 2,000 stores in 36 states, offering low prices and no-frills shopping.
- Theo Sr. got the stores in northern Germany and the rest of Europe. In 1971, he bought U.S. grocery chain Trader Joe's.
- Beate Heister has never worked at Aldi Sued (South), but her son Peter Max Heister heads the advisory board. Son Christian also serves on the board.