Theo Albrecht Billionaire Dead

Jul 28, 10 Theo Albrecht Billionaire Dead

karl-and-theo-albrecht

Theo Albrecht German Entrepneur known as the worlds 31st richest man died 24th July 2010.

He had a net worth of $16.7 billion owning cheap supermarket chain Aldi which is like the Wall Mart of Europe and specialist grocery stores Trader Joe’s in the USA.

The billionaire was once kidnapped in 1971 and released for a ransom of $3 million.

As he did not like his photos of private life being published in media very few photos are available.

His brother Karl is also a fellow billionaire with both their assets worth $50 billion; however they are both known for how cheap and humble their lives are.

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