Dieter Schwarz Net Worth

Net Worth: $23.2 Billion
  • Source of Wealth:

    Retail, Lidl and Kaufland
  • Age:

  • Birth Place:

    Heilbronn, Germany
  • Marital Status:

    Married (Franziska Schwarz)
  • Full Name:

    Dieter Schwarz
  • Nationality:

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About Dieter Schwarz

German businessman Dieter Schwarz has an estimated net worth of $23.2 billion in July 2019. Most of his fortune is acquired from the Schwarz Group which was founded in 1930 by his father, Josef. Today, the group encompasses the hypermarket chain, Kaufland as well as the supermarket chain, Lidl. The latter is considered as the second largest discounter.

Currently, Dieter Schwarz serves as the CEO and Chairman of Lidl and Kaufland. During the 1990s, Dieter Schwarz has been regularly present in Forbes lists of wealthiest people in the world. However, in 1999, his name was dropped off from the list due to the transfer of his Lidl ownership to a charitable organization. He returned to the list only in 2013.

Schwarz was born on the 24th of September, 1939 in Heilbronn, Germany. He is currently married to Franziska Schwarz, and has two daughters.