Karl Albrecht

Name: Karl Albrecht

Industry: Retailing

Birth Date: February 20, 1920

Fortune: Self made

Net Worth: US $ 27 billion (source: Forbes)

Karl and Theo Albrecht were raised in modest circumstances in Essen, Germany. Their father was employed as a miner and later as a baker’s assistant. Their mother had a small grocery store in the worker’s quarter of Schonnebeck. Karl worked in a delicatessen shop. Karl also served in the German Army during World War II. After the end of World War II, the brothers took over their mother's business (1946). The first Aldi (Albrecht-Discount) was opened in 1961.
Aldi's operations were later divided between the brothers, with Karl taking control of the more profitable Aldi Süd (South), and Theo managing Aldi Nord (North).

Because Karl Albrecht has withdrawn himself from public life, little is known about him. He is married, and Forbes magazine reports that he has two children, neither of whom are employed by Aldi. Both Albrecht brothers reportedly live today in Essen, Germany. He is a fan of golf, and plays at his personal golf course, the Öschberghof, which he built in 1976. He also raises orchids.

In 1994, Karl Albrecht removed himself from the daily operations of Aldi Süd and took the position of chairman of the board. At the beginning of 2002, he also relinquished this position, thereby completely ceding control of the firm. Today, the business is no longer run by any of Karl Albrecht’s family members.

Richard Branson

Name:Richard Branson
Date Of Birth: July 18,1950
Nationality: British
Famous for: Founding the Virgin brand

Richard Branson is a flamboyant British entrepreneur . His internationally recognized brand "Virgin" is splashed across everything from credit cards, to airlines and music "megastores". Branson is continuously seeking new business opportunities and He loves accepting new challenges . His first entrepreneurial stinct began when at the age of 16 years He published a school magazine . Branson did not go on to graduate school but in 1970 the now famous Virgin brand had its beginnings in the form of a discount records mail order venture that he and his friend Nik Powell worked on. He loves adventure . Since 1985 he has been getting his adrenaline rushes through world record breaking attempts by boat and hot air balloon. Several distance and speed records have been attempted and achieved, but his attempt to circumnavigate the world alone in a hor air baloon has not yet ben realized.
Virgin has created more than 200 branded companies worldwide, employing approximately 50,000 people, in 29 countries. Revenues around the world in 2006 exceeded £10 billion (approx. US$20 billion. Virgin brands include Virgin Atlantic, Virgin Mobiles, VirginBooks, VirginCredit Cards, VirginHolidays , V2 music , Virgin Galatic. Lately Richard is eyeing an airport. Virgin has also developed a space ship. Virgin alatic spaceship aims at providing space travel to masses Virgin has become one of the most favourite brands of U.k.