Theo Albrecht Jr.

Theo Albrecht Jr.
Born	1950 (age 66–67) Bremen, Germany
Residence	Mülheim an der Ruhr, Germany
Nationality	German
Occupation	Part owner of Trader Joe's and Aldi Nord
Net worth	US$18.0 billion (March 2017)
Children	1
Parent(s)	Theo Albrecht
Relatives	Berthold Albrecht (brother) Karl Albrecht (uncle)

Theodor "Theo" Albrecht Jr. (born 1950) is a German billionaire businessman, the son of Theo Albrecht, co-founder of Aldi.

In 2010, his father Theo Albrecht died, leaving the ownership of the German supermarket chain Aldi Nord and US supermarket chain Trader Joe's to his two sons, but Berthold died in 2012. Theo Albrecht Jr. and the heirs of his brother Berthold inherited the fortune, which originally grew from a corner grocery store opened back in 1913.

Albrecht lives in Mülheim an der Ruhr, Germany, and has one child.

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