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Dieter Schwarz facts for kids

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Dieter Schwarz
Born (1939-09-24) 24 September 1939 (age 85)
Heilbronn, Germany
Occupation Businessman
Title Former chairman and CEO of Lidl and Kaufland
Term 1977-2004
Successor Klaus Gehrig
Spouse(s)
Franziska Weipert
(m. 1963)
Children 2 daughters

Dieter Schwarz (born September 24, 1939) is a very successful German businessman. He owns a big company called Schwarz-Gruppe. He used to be the boss of the popular supermarket chain Lidl and the large store chain Kaufland.

How Dieter Schwarz Started His Business

In 1973, Dieter Schwarz joined his father's business, "Lidl & Schwarz KG". He opened the company's first discount supermarket. He got the idea from other famous German businessmen, Karl and Theo Albrecht.

When his father passed away in 1977, Dieter Schwarz took charge of the supermarket chain. He became the Chief Executive Officer (CEO). This meant he was the main person in charge. He worked hard to make the business grow outside of Germany.

To avoid any legal problems with the name, Schwarz bought the rights to the name "Lidl" from a former schoolteacher named Ludwig Lidl. This helped him keep the name for his growing business.

How Rich Is Dieter Schwarz?

Dieter Schwarz is one of the richest people in the world. His "net worth" is how much money and valuable things he owns.

In 2023, the magazine Forbes said he was the wealthiest person in Germany. They estimated his net worth to be about US$47.2 billion. He was also ranked as the 25th richest person in the world.

A big part of his wealth goes into the Dieter Schwarz Foundation. This foundation was started in 1999. It's a special company that doesn't have to pay taxes because it does good things. Dieter Schwarz put his shares from Lidl and Kaufland into this foundation.

The Dieter Schwarz Foundation helps many important causes. For example, it supports education and places for children to learn and play, like daycare centers. It also helps with science and research projects.

As of March 8, 2024, Forbes listed Dieter Schwarz as the 37th richest person in the world, with a net worth of about $38 billion.

Dieter Schwarz's Private Life

In 1963, Dieter Schwarz married Franziska Weipert. They live in a city called Heilbronn in Germany. They have two daughters, named Regine and Monika.

Dieter Schwarz is known for being very private. He likes to keep his personal life away from the public eye. Because of this, you won't find many pictures or interviews with him. In fact, only a few photos of him are known to exist in the news or online. He doesn't give interviews to the media.

See also

A robot for kids In Spanish: Dieter Schwarz para niños

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