Basic Information About Dieter Schwarz
| Category | Business › Billionaires |
|---|---|
| Professions | Businessperson |
| Net worth | $27,000,000,000 |
| Date of birth | 1939-09-24 (85 years old) |
| Place of birth | Heilbronn |
| Nationality | Germany |
| Gender | Male |
| Social Media | ↗︎ Wikipedia |
Dieter Schwarz Net Worth
$27,000,000,000
Dieter Schwarz, the famous German entrepreneur, has an impressive net worth of $44 billion. He earned his fortune through his control of Schwarz Group, which owns chains such as Kaufland and Lidl. Schwarz’s assets are controlled through Dieter Schwarz Stiftung, and he alone decides how much is allocated to the foundation, which is tax-exempt under German law.
Key facts:
- Dieter Schwarz inherited the supermarket chain Lidl from his father, Josef Schwarz, in the late 70s.
- He is the current CEO and chairman of Lidl, which operates under the umbrella of the Schwarz Gruppe.
- Lidl currently has nearly 10,000 locations spread out around Europe.
- In addition to owning Lidl, Dieter Schwarz also controls Handelshof and Kaufland, a chain of retail stores and a hypermarket, respectively.
- Schwarz Gruppe oversees the Schwarz Foundation, which supports various educational and daycare institutions.
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