Beate Heister
$16.7B
Born
Jan 01, 1951
Age
75
Source of Wealth
Supermarkets
Residence
,
Citizenship
Germany
Marital Status
Children
0
Education
- Heir to the Aldi retail fortune, Beate Heister, is the daughter of Karl Albrecht Sr., who died in 2014 at age 94. Her brother, Karl Albrecht Jr., is also a billionaire.
- 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.
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