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Dieter Schwarz

Dieter Schwarz

0% | $ 0M
D. Schwarz
Rank
#0
Net Worth
$00.0B
Gender
Male
Age
85Y
Country
Germany
Born On
September, 1939
Deceased
No
Relationship Status
Married
Children
2
Education

Unknown

Designation Info :

Self-Made
No
Type
Inherited (Massively Expanded)
Organization Name
Schwarz Group
Title
Owner
Source

Schwarz Group

Industry
Retail, Food & Beverage

About D. Schwarz


D ieter Schwarz is a German billionaire and the owner of the Schwarz Group, a retail giant that operates the Lidl and Kaufland chains. He is Germany's richest person and one of the wealthiest and most secretive retailers in the world. He inherited the business from his father, Josef Schwarz, who became a partner in a fruit wholesale business in the 1930s.

It was Dieter who transformed the family business into a global powerhouse. Inspired by the success of the Aldi discount model, he opened the first Lidl store in 1973. He built Lidl into a massive international discount supermarket chain with thousands of stores across Europe and the United States. The Schwarz Group also operates the Kaufland chain of hypermarkets. Despite his immense wealth and the global reach of his companies, Dieter Schwarz is famously reclusive, with very few photographs of him in public circulation. He has transferred his ownership to a charitable foundation to ensure the company's long-term future.

Quick Reads


  • Owner of the Schwarz Group, which includes the supermarket chains Lidl and Kaufland.
  • Germany's richest person.
  • Inherited the business from his father and built it into a global retail giant.
  • Lidl is a major international discount supermarket chain and a key competitor to Aldi.
  • He is intensely private and avoids the public eye almost completely.

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