Dieter Schwarz Net Worth

Dieter Schwarz, born in 1939 in Neckarsulm, Germany, is the founder of Schwarz Group, a company with annual revenue exceeding $90 billion. The group is comprised of the Lidl and Kaufland store chains, and has ambitious expansion plans for continental Europe, the U.K. and the U.S. Schwarz has been married for more than 50 years and has two daughters. He has been taken off and returned to Forbes' annual billionaires ranking, and has been decorated with prizes for his charitable works in Germany. The Dieter Schwarz Foundation, which he controls, supports education and daycare facilities for children, science and research projects, and other activities.
Dieter Schwarz is a member of Fashion & Retail

Age, Biography and Wiki

Birth Day September 24, 1939
Birth Place Neckarsulm, Germany, Germany
Birth Sign Libra
Residence Neckarsulm, Germany
Occupation Businessman
Title Chairman and CEO of Lidl and Kaufland
Successor Incumbent
Spouse(s) Franziska Schwarz
Children 2

💰 Net worth: $42.9 Billion (2024)

Dieter Schwarz, a prominent figure in the German fashion and retail industry, holds an estimated net worth of $42.9 billion as of 2024. With his immense wealth, Schwarz has risen to become one of the wealthiest individuals in the country. His success is largely attributed to his role as the founder and owner of Schwarz Group, the parent company of Lidl and Kaufland, renowned supermarket chains in Germany and across Europe. Dieter Schwarz's entrepreneurial prowess and innovation have firmly established him as a key player in the global fashion and retail sector.

2013 $19.5 Billion
2014 $21.1 Billion
2015 $19.4 Billion
2016 $16.4 Billion
2017 $17 Billion
2018 $20.75 Billion

Some Dieter Schwarz images



After the death of his Father Josef Schwarz in 1977, he took control of the Schwarz & Lidl discount chain. Soon afterwards, he bought the naming rights from an unrelated person Ludwig Lidl, who was a former schoolteacher, in order to side-step a legal battle with the co-owner.


In 2009 he was estimated to be worth 10 billion euro. As of October 2012 he was estimated to be worth 12 billion euro and increase from 11.5 billion euro in 2011. As of October 2012, the Bloomberg Billionaires Index lists Schwarz as the 29th richest person in the world with an estimated net worth of US$20.2 billion. In 2013, he was estimated be worth €19.6 billion, and ranked the 24th richest person in the world. As of February 2014, he is ranked as 23rd richest person in the world in the Hurun Report Global Rich List.