Beate Heister
Supermarkets · Neuss
Net worth
$18.5B
Today
+$290+0.00%Past month
+$1.3B+7.65%As of Nov 11, 2026, 1:50 PM EST
Beate Heister is the daughter of Karl Albrecht Sr. and heir to the Aldi retail fortune, along with her billionaire brother, Karl Albrecht Jr. After World War II, Karl Sr. and his brother, Theo Sr., who died in 2010 at age 88, took over their family's corner grocery store in Essen, Germany. In 1961, the brothers split ownership: Karl Sr. took the stores in southern Germany (Aldi Sued), plus rights to the Aldi brand in the U.K., Australia and the U.S. In the U.S., Aldi has more than 2,000 stores in 36 states, offering low prices and no-frills shopping. Theo Sr. got the stores in northern Germany and the rest of Europe. In 1971, he bought U.S. grocery chain Trader Joe's.
Net worth over time
Principal holdings
1 positions| Company | Industry | Share | Value |
|---|---|---|---|
Private holdings | Fashion & Retail | 100.0% | $18.5B |
Also known for
- Beate Heister has never worked at Aldi Sued (South), but her son Peter Max Heister heads the advisory board. Son Christian also serves on the board.