Dieter Schwarz

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Dieter Schwarz
Born (1939-09-24) 24 September 1939 (age 78)
Heilbronn, Germany
Residence Neckarsulm, Germany
Nationality German
Occupation Businessman
Net worth US$20.9 billion (January 2018)[1]
Title Chairman and CEO of Lidl and Kaufland
Successor Incumbent
Spouse(s) Franziska Schwarz
Children 2

Dieter Schwarz (born 24 September 1939) is a German entrepreneur and owner of the Schwarz-Gruppe. He is the chairman and CEO of the supermarket chain Lidl and the hypermarket chain Kaufland. As of January 2018, Schwarz had a net worth of $20.9 billion, making him the 52nd richest person in the world,[2]

Career[edit]

After the death of his father Josef Schwarz in 1977, he took control of the Schwarz & Lidl discount chain. 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] As of October 2012, the Bloomberg Billionaires Index lists Schwarz as the 29th richest person in the world with an estimated net worth of US$20.2 billion.[6] 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 is ranked as 23rd richest person in the world in the Hurun Report Global Rich List.[7]

Personal life[edit]

Schwarz lives in Heilbronn, with his wife Franziska[8] and has two children.[9]

Schwarz is known to be very protective of his privacy, with only two photographs of him known to exist, one of them in black and white.[3]

References[edit]

  1. ^ "The World's Billionaires". forbes.com. Forbes. Retrieved 6 December 2015. 
  2. ^ "Hurun Report Global Rich List 2014". Hurun Report. February 2014. Archived from the original on 8 August 2014. Retrieved 21 August 2014. 
  3. ^ a b c 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. ^ "Bloomberg Billionares Index". Bloomberg LP. Archived from the original on December 14, 2012. Retrieved December 3, 2012. 
  7. ^ "Hurun Report Global Rich List 2014". Hurun Report. February 2014. Archived from the original on 8 August 2014. Retrieved 21 August 2014. 
  8. ^ de Jong, David. "German Billionaire Schwarz Seen Having Tax-Exempt Fortune". Bloomberg. Retrieved 23 June 2014. 
  9. ^ "Dieter Schwarz". Forbes. Retrieved 23 June 2014.