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From ‘no-frills’ to grocery empire: The billionaire family behind Trader Joe’s and Aldi

From ‘no-frills’ to grocery empire: The billionaire family behind Trader Joe’s and Aldi

THE Albrecht family has transformed their frugal roots into a leading no-frills discount grocery chain and a sister company, raking in billions of dollars from their grocery empire. The German family has a net worth in the tens of billions thanks to the success of their specialty retail brands Aldi and Trader Joe's. The founding...

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