How did Aldi get its name?
Photo Credit: Courtesy of 3DStockPhoto (name image)
Aldi started life in 1946, when Karl and Theo Albrecht took control of their mother's grocery store in the German city of Essen. ... Karl Albrecht took control of Aldi Sud. He is now in his 90s and ranked by Forbes as the richest man in Germany. The name Aldi is a combination of Albrecht and discount.