Dieter Schwarz Net Worth 2020

Dieter Schwarz Net Worth 2020

Capital: € 21.7 billion
Age: 80
Born: 24.09.1939
Country of origin: Germany
Source of wealth: Entrepreneurs
Last updated: 2020

Short introduction

Dieter Schwarz is considered the richest person in Germany. There are no personal individuals in this country with great wealth. Schwarz group owner, which includes Kaufland and Lidl department stores, makes Dieter Schwarz owner a kingdom. Schwarz married Franziska Schwarz (Née Wetert) and had two adult daughters. Almost nothing is known about his personal life.

Early Life

History of Lidl & Schwarz Kg began with Josef Schwarz, father of Dieter Schwarz. In the 1930s, the company developed the company to become a food wholesaler and became a leader in the area around Heilbronn and Franconia. The only son of the Schwarz family, Dieter, who was trained as a businessman after graduating from high school. He did this in 1958 to 1960 at Paternal Lidl & Schwarz Kg. In early 1962, Schwarz Young Spross was a partner in the company. This might be especially because Father Josef Schwarz has become Sole’s shareholder from Lidl & Schwarz KG at that time.

Career

The father-child team acted very successfully. The first Handelshof Supermarket was opened in 1968. Supermarket Handelshof then changed its name to Kaufland, so establishing a Kaufland Empire. The company grew rapidly and immediately had to move its headquarters to Neckarsulm, where it was still located today.

Dieter Schwarz wants to focus on discount markets early on. In 1973 he opened his first shop. However, he must first find a suitable name and do not want to start the supermarket chain under a scary name “Black Market”. Therefore, he bought the name of a name for “Lidl” from the Ludwig Lidl painter with only 1000 shops. To this day, he is likely to be disturbed by this small number, considering the big assets of the Schwarz Group.

Since my father’s death in 1977, Dieter Schwarz has become a single owner of the Black Empire. At that time, 30 branches had been opened. Schwarz tried several types of supermarkets until he found the right concept. From now on LIDL must be a discount place in a rather small area and Kaufland must offer full reach in a larger area.

In the 1980s, Dieter Schwarz has expanded discounts abroad abroad. The first foreign market was opened in France. Italy and the UK followed him. Today LIDL is represented and is known in almost all European countries, and even in the United States.

Big Brother Kaufland is also growing rapidly. Initially known as Handelshof, the market was renamed Kaufland in 1984. In the process of reuniting, many Kaufland branches opened in a new federal country. Kaufland also developed abroad. The first branch was opened in the Czech Republic in 1998.

In 1999 Dieter Schwarz retired from management. He transferred his shares to the Non-Profit Foundation Diet Schwarz GGMBH. With the help of the foundation, Schwarz supports art, culture, research and science.

The Schwarz Group was divided into Schwarz Beteiligungs-GmbH, Dietary Schwarz Foundation and Schwarz Unternehmenstreuhand Kg. The company has different parts and voting rights.

Career spotlight.

The biggest step in his career was the only takeover of Lidl & Schwarz Kg after his father’s death in 1977. The very successful expansion of the Supermarket Lidl chain and Kaufland in Germany and abroad could also be counted among the great success in Dieter Schwarz’s life. Throughout Europe there are LIDL branches built on the same principle. According to his own statement, the Schwarz Group operates 10,800 LIDL branches in 32 countries.

Famous quotes

“The most social thing I can do is strengthen the performance of citizens and promote elite education through the right educational steps.”

Amazing facts

In 2008, the group fell ill because his employees were monitored with a video camera. This causes great anger between the population and among employees.

Dieter Schwarz is very shy than society. When Facebook and Instagram, billionaires protect their privacy. There are no official photos of Schwarz Dieter on the Internet. He always rejects the interview firmly. He confirmed his fear of the community with fear of kidnapping and protecting his family. Despite his wealth, Dieter Schwarz today went free and was not disturbed by his wife through the city where he live.

Net Worth 2020

As of 2020, His estimated net worth is around US$34.8 billion.

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