Theo Albrecht

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Theodor Paul Albrecht, generally known as Theo Albrecht (born March 28, 1922), is a German entrepreneur, who in 2004 was ranked by Forbes magazine as the 14th richest person in the world, with a net worth of $18 billion. He owns the Trader Joe's speciality grocery store chain and is CEO of Aldi. He and his brother Karl Albrecht own the Aldi discount supermarket chain.