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Dieter Schwarz Net Worth

Dieter Schwarz Net Worth

Net Worth: $22 Billion

Statistics
  • Source of Wealth Retail, Lidl and Kaufland
  • Birth Place Heilbronn, Germany
  • Marital Status Married (Franziska Schwarz)
  • Full Name Dieter Schwarz
  • Nationality German
  • Date of Birth September 24, 1939
  • Occupation Businessman
  • Children 2 (Monika, Regine)
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About Dieter Schwarz

German businessman Dieter Schwarz has an estimated net worth of $22 billion in November 2017, according to Bloomberg. 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.