Capital:	€ 21.7 billion
Age:	80
Born:	24.09.1939
Country of origin:	Germany
Source of wealth:	Entrepreneurs
Last updated:	2022

Short Preface

Dieter Schwarz is considered the richest man in Germany. There’s no private existent in this country with a large fortune. The proprietor of the Schwarz Group, which includes the department stores Kaufland and Lidl, make Dieter Schwarz the proprietor of an conglomerate. Schwarz is married to Franziska Schwarz( née Weipert) and has two overgrown daughters. nearly nothing is known about his private life.

Early life

The history of Lidl & Schwarz KG started with Josef Schwarz, the father of Dieter Schwarz. In the 1930s, the company developed the company into a food wholesaler and came a leader in the region around Heilbronn and Franconia. The only son of the Schwarz family, Dieter, trained as a businessman after graduating from high academy. He did this in the times 1958 to 1960 in the paternal company Lidl & Schwarz KG. As beforehand as 1962, the youthful Schwarz Spross came a mate in the company. This was presumably possible primarily because the father Josef Schwarz was formerly the sole shareholder of Lidl & Schwarz KG at that time.

Career

The father- son platoon acted veritably successfully. The first Handelshof supermarkets opened in 1968. The Handelshof supermarkets were latterly renamed Kaufland, therefore establishing the Kaufland conglomerate. The company grew snappily and soon had to move its headquarters to Neckarsulm, where it’s still located moment.

Dieter Schwarz wanted to concentrate on reduction requests beforehand on. In 1973 he opened his first store. still, he first had to find a suitable name and didn’t want to start his supermarket chain under the daunting name “ black request ”. thus, he bought the name rights for “ Lidl ” from the painter Ludwig Lidl for only 1000 stores. To this day, he’s likely to be annoyed by this small sum, given the huge means of the Schwarz Group.

Since the father’s death in 1977, Dieter Schwarz has been the sole proprietor of the Black Empire. By that time, 30 branches had formerly been opened. Schwarz tried several types of supermarkets until he set up the right conception. From now on Lidl should be a discounter in a rather small area and Kaufland should offer a full range in a similarly larger area.

In the 1980s, Dieter Schwarz formerly expanded his Lidl discounters abroad. The first foreign request was opened in France. Italy and Great Britain followed. moment Lidl is represented and known in nearly all European countries, and indeed in the United States.

Big family Kaufland also developed incandescently. originally known as the Handelshof, the requests were renamed Kaufland in 1984. In the course of reunification, multitudinous Kaufland branches opened in the new civil countries. Kaufland also expanded abroad beforehand on. The first branch was opened in the Czech Republic in 1998.

In 1999 Dieter Schwarz retired from operation. He transferred his shares to thenon-profit Dieter Schwarz Foundation gGmbH. With the help of the foundation, Schwarz supports art, culture, exploration and wisdom.

The Schwarz Group is divided into the companies Schwarz Beteiligungs- GmbH, the Dieter Schwarz Foundation and the Schwarz Unternehmensstreuhand KG. The companies have different shares and voting rights.

Career highlights

The biggest step in his career was the sole preemption of Lidl & Schwarz KG after the death of his father in 1977. The extremely successful expansion of the supermarket chain Lidl and Kaufland in Germany and abroad can also be counted among the great successes in Dieter Schwarz’s life. each over Europe there are Lidl branches that are erected on the same principle. According to its own statements, the Schwarz Group operates,800 Lidl branches in 32 countries.
Famous quotes
“ The most social thing I can do is to strengthen the performance of citizens and promote elite education through applicable educational measures. ”

Amazing data

In 2008, the group fell into reproach because it had its workers covered with videotape cameras. This caused great outrage among the population and among workers.

Dieter Schwarz is extremely shy of the public. In times of Facebook and Instagram, the billionaire protects his sequestration. There are no sanctioned prints of Dieter Schwarz on the net. He has always categorically rejected interviews. He justified his fear of the public with the fear of hijacking and guarding his family. Despite his wealth, Dieter Schwarz can moment walk freely and unperturbed with his woman
through the megacity in which he lives and take part in public life without being honored.
Dieter Schwarz entered the order of merit from the state of Baden- Württemberg. In 2017 he came an memorial citizen of Heilbronn.

His foundation is heavily involved in the areas of education and exploration. For illustration, it enabled the TU Munich to hold a professorship with 20 positions as a branch in Heilbronn.