Nobody could accuse the richest people in Germany of flaunting their wealth, quite the opposite.
With the death of Karl Albrecht, there was no announcement for nearly a week, and not until the small, private funeral was over. He and his brother, Theo, had turned their mother's small grocery store in the Ruhr into Aldi, one of the world's biggest supermarket chains, but the habits and thoughts of this mega-business mogul were unknown.
For the obituaries the German papers could only trace bland statements he had made in 1953 and 1971.
This was not a chatty public figure. He grew orchids, apparently, and played golf - but on his own, private golf course. In the absence of a public presence, a legend grew around him.
The brothers, ex-employees said, would keep accounts using stubs of old pencils, almost too short to hold. It is said that they once told architects designing a new store that they were using paper that was too thick.
It was this frugality which set the Albrecht brothers on the road to super-rich status.
Nobody could accuse the richest people in Germany of flaunting their wealth, quite the opposite.
With the death of Karl Albrecht, there was no announcement for nearly a week, and not until the small, private funeral was over. He and his brother, Theo, had turned their mother's small grocery store in the Ruhr into Aldi, one of the world's biggest supermarket chains, but the habits and thoughts of this mega-business mogul were unknown.
For the obituaries the German papers could only trace bland statements he had made in 1953 and 1971.
This was not a chatty public figure. He grew orchids, apparently, and played golf - but on his own, private golf course. In the absence of a public presence, a legend grew around him.
The brothers, ex-employees said, would keep accounts using stubs of old pencils, almost too short to hold. It is said that they once told architects designing a new store that they were using paper that was too thick.
It was this frugality which set the Albrecht brothers on the road to super-rich status.
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