Karl Albrecht, the German businessman who became one the world’s wealthiest people after co-founding the Aldi discount supermarket chain in the 1960s, has died. He was 94.
He died on July 16, Sarah Twyman, an Aldi spokeswoman at Weber Shandwick, said in an e-mailed statement. Albrecht died in Essen, Germany, and was buried in a private ceremony today, the Frankfurter Allgemeine Zeitung reported earlier.
