Schwarz also has such wealth among the richest people in the world.
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The owner of Lidl and Kaufland is high in the global ranking of the richest
In the Forbes billionaires ranking for 2026. Schwarz is ranked 29th in the world. The source of his fortune is primarily retail – development of the Lidl discount chain and Kaufland hypermarketsthat operate in many countries in Europe and beyond.
Both brands belong to the Schwarz Gruppe concern, which is currently the largest trading group in Europe. The company is expanding its operations not only in retail, but also in the logistics and technology sectors.
One of the most discreet billionaires
Dieter Schwarz is currently 86 years old and is famous for avoiding publicity. The entrepreneur very rarely appears in public and consistently avoids the media.
He devotes a significant part of his activity to philanthropy. His foundation primarily supports educational projects and scientific initiatives.
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Schwarz's fortune was created thanks to the dynamic development of the Lidl and Kaufland chains. Lidl operates in a discount model and is one of the fastest growing grocery store chains in the world, while Kaufland operates as a chain of large hypermarkets with a wide range of food and industrial products.
Recently, Schwarz Gruppe received consent from the Romanian antitrust authority to take over 70 percent. shares in the La Cocoș hypermarket chain. The transaction is intended to strengthen the position of the German giant on the rapidly growing Romanian market.
