Berlin • Karl Albrecht, co-founder of the Aldi grocery store empire and one of the world's richest people, has died in the western German city of Essen. He was 94.
Essen's city hall told The Associated Press that Albrecht was buried Monday in a family plot in a small ceremony in the city's Bredeney district where he lived. Aldi's press office said Albrecht died July 16.
"He created a corporate culture of mutual respect, he trusted his employees and their talents, and he gave them a chance to use them," said Aldi spokeswoman Kirsten Gess in a statement. "Our sympathies are with his family."