Dieter Schwarz

Dieter Schwarz
Born (1939-09-24) 24 September 1939
Heilbronn, Germany
Residence Neckarsulm, Germany
Nationality German
Occupation Businessman
Net worth US$18.5 billion (May 2016)[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 February 2014, he is ranked as 23rd richest person in the world in the Hurun Report Global Rich List.[2]He is also regarded as "The Richest Man in Germany".

Career

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 the co-owner Ludwig Lidl, who was a former schoolteacher.[3]

Net worth

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 and 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

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

  1. ↑ "The World's Billionaires". http://www.forbes.com/profile/dieter-schwarz/?list=billionaires. Forbes. External link in |website= (help);
  2. ↑ "Hurun Report Global Rich List 2014". Hurun Report. February 2014. Retrieved 21 August 2014.
  3. 1 2 3 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. Retrieved December 3, 2012.
  7. ↑ "Hurun Report Global Rich List 2014". Hurun Report. February 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.
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