Beate Heister & Karl Albrecht Jr. was born on October 05, 1951 in Germany. Children of Karl Albrecht Sr. (d. 2014), who with his brother Theo Albrecht (d. 2010), turned the family's corner grocery into retail powerhouse Aldi.
Ownership split in 1961: Karl Sr. obtained stores in southern Germany, plus the rights to Aldi in the U.K., Australia and the U.S.
Theo Sr. bought U.S. grocery chain Trader Joe's in 1971
The family entity Siepmann Stiftung is believed to own at least 75% of Aldi Sued, with the rest owned by charitable foundations.
Beate Heister has never worked at Aldi Sued, but with her husband Peter and son Peter Max Heister (one of 6 children), sits on the advisory board.
Karl Jr., who has no children, has worked in different positions at the company but withdrew from his duties after he was diagnosed with cancer.
Beate's husband and children, along with Karl Jr.'s wife, Gabriele Mertes, are all believed to have a share in the fortune
Beate Heister & Karl Albrecht Jr. is a member of Fashion & Retail