Dieter Schwarz photo

Dieter Schwarz

Net Worth (2024) info Our net worth estimates blend trusted external data with our advanced algorithms to provide accurate financial insights. While our estimates are valuable for understanding financial positions, please note they are hypothetical estimates.
Hypothetical Estimate
47,500 Million

Dieter Schwarz Net Worth Breakdown

Business: Schwarz Gruppe
45,000 million
Business: Other
2,500 million
Rank
Businessperson Category
# 15
Gender Male
Age85 years old
Born24th of September, 1939
Birthplace Heilbronn, Germany
Career 1960 - present
Nationality German
Ethnicity Caucasian
Height 175 cm (5'9")
Weight 75 kg (165 lbs)
Eye color Blue

Dieter Schwarz Short biography

Born in 1939, Schwarz's early life was marked by the challenges of post-war Germany. His father, Josef Schwarz, founded Lidl in 1948, a small grocery store catering to the needs of locals. Schwarz, then a teenager, immersed himself in the business, learning its intricacies from the ground up. His entrepreneurial spirit ignited, and he recognized the potential of a discount supermarket chain, revolutionizing the retail landscape in the process.

He is the chairman and chief executive officer (CEO) of the Schwarz Group, a retail conglomerate that encompasses Lidl and Kaufland, two of the world's most prominent supermarket chains. Schwarz's entrepreneurial spirit and humble lifestyle have earned him a reputation as one of the most influential figures in the retail industry.

As the chairman and CEO of the Schwarz Group, he helms a retail empire that encompasses Lidl and Kaufland, two of the world's most prominent supermarket chains. Despite his immense wealth, Schwarz has remained a staunch advocate for privacy and simplicity, shunning the limelight and adhering to a frugal lifestyle.



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Gender Male
Age85 years old
Born24th of September, 1939
Birthplace Heilbronn, Germany
Career 1960 - present
Nationality German
Ethnicity Caucasian
Height 175 cm (5'9")
Weight 75 kg (165 lbs)
Eye color Blue
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