About Dieter Schwarz
Dieter Schwarz is a well-known German billionaire business man. He is 79 years old and known the owner of Schwarz Gruppe. He is the CEO and chairman of the supermarket chain Lidl and the hypermarket chain Kaufland. Dieter Schwarz is known to be the richest man of Germany.
Early life
Dieter Schwarz was born on September 24th, 1939 in Heilbronn, Germany to Joseph Schwarz. His father was a business and founded the company Schwarz and Lidl discount chain. His formal education level detail in not known. Talking about his business explorations, he inherited his father’s business after his death in 1977.
Career
After the unexpected and sudden demise of his father, Dieter Schwarz took the responsibilities of Schwarz Group from co-owner Ludwig Lidl. The time when he took over, the retail marketing sector of Germany was growing on slow pace. Schwarz, with the help of his knack of learning and reading, found out the best deals which could benefit the growth of his company. He created the entire business on his own with sheer hard work and
dedication. Eventually he got the ownership off the Kaufland chain of hypermarkets.
Personal Life
Talking about the personal life of Dieter Schwarz, he is married and resides in Heilbronn with his wife and children. His wife name is Franziska, the couple has two children, Monika Schwarz and Regine Schawrz. Dieter Schwarz maintains a low profile, and he keeps his personal life in a distance from media likes to stay away from limelight.
A philanthropist also, he has founded ‘The Dieter Schwarz Foundation’ which aims to support education, science and research projects and exclusively the daycare facilities for children, as well as other activities.
Net worth
As per information available on web sources, Dieter Schwarz’s net worth is estimated to be US $22.7 billion as of January 2019. He is positioned number 36 by Forbes magazine survey in the list of world’s billionaires.
