Dieter Schwarz

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Dieter Schwarz
Born (1939-09-24) 24 September 1939 (age 79)
Heilbronn, Germany
ResidenceNeckarsulm, Germany
NationalityGerman
OccupationBusinessman
Net worthUS$23.6 billion (February 2019)[1]
TitleChairman and CEO of Lidl and Kaufland
SuccessorIncumbent
Spouse(s)
Franziska Weipert (m. 1963)
Children2 daughters

Dieter Schwarz (born 24 September 1939) is a German billionaire businessman, and owner of the Schwarz-Gruppe. He is the chairman and CEO of the supermarket chain Lidl, and the hypermarket chain Kaufland.

Career[edit]

After the death of his father Josef Schwarz in 1977, he took control of the Schwarz & Lidl discount chain. He became CEO and expanded the business outside of Germany.[2] Soon afterwards, he bought the naming rights from an unrelated person Ludwig Lidl, who was a former schoolteacher, in order to side-step a legal battle with the co-owner.[3]

Net worth[edit]

In 2009 he was estimated to be worth 10 billion euro.[4] As of October 2012 he was estimated to be worth 12 billion euro, an increase from 11.5 billion euro in 2011.[5] In 2013, he was estimated be worth €19.6 billion, and ranked the 24th richest person in the world.[3] As of February 2014, he was ranked as 23rd richest person in the world in the Hurun Report Global Rich List.[6]

As of February 2019, Forbes lists Schwarz as the 33rd richest person in the world with an estimated net worth of US$23.6 billion (February 2019)[1]

Personal life[edit]

In 1963, Schwarz married Franziska Weipert.[7] They live in Heilbronn,[8] and have two daughters.[7]

The Dieter Schwarz Foundation supports education and daycare facilities for children, as well as science and research projects.[1]

References[edit]

  1. ^ a b c "Forbes profile: Dieter Schwarz". forbes.com. Forbes. Retrieved 7 February 2019.
  2. ^ "These are the 50 richest people in the world right now". Business Insider. Retrieved 14 January 2019.
  3. ^ a b Oltermann, Philip (23 June 2014). "Germany's Lidl seen overtaking big rivals Tesco, Carrefour and Aldi". The Guardian. Retrieved 23 June 2014.
  4. ^ "Aldi-Brüder sind immer noch die reichsten Deutschen" [Aldi brothers are still the richest Germans] (in German). Norddeutscher Rundfunk. 2009-10-06. Retrieved 2010-09-12.
  5. ^ "Aldi-Clan dominiert Deutschlands Milliardäre" [Aldi family dominates German billionaires] (in German). Spiegel Online. 2012-10-09. Retrieved 2012-10-09.
  6. ^ "Hurun Report Global Rich List 2014". Hurun Report. February 2014. Archived from the original on 8 August 2014. Retrieved 21 August 2014.
  7. ^ a b "Bloomberg Billionaires Index: Dieter Schwarz". Bloomberg LP. Retrieved 18 January 2019.
  8. ^ de Jong, David. "German Billionaire Schwarz Seen Having Tax-Exempt Fortune". Bloomberg. Retrieved 23 June 2014.