Name: Dieter Schwarz
Nationality: German
Date of Birth: September 24, 1939
Occupation: Founder and Owner of the Schwarz Group
Net Worth: Dieter Schwarz has been recognized as one of the wealthiest individuals in Germany, with an estimated net worth of over $40 billion.

Background and Early Ventures: Dieter Schwarz was born in Heilbronn, Germany. He took over his father's wholesale business in the 1970s and transformed it into what is now known as the Schwarz Group.

Schwarz Group: Dieter Schwarz founded the Schwarz Group, also known as the Schwarz Unternehmensgruppe, which encompasses the retail chains Lidl and Kaufland. Lidl is a discount supermarket chain operating globally, while Kaufland is a hypermarket chain with stores mainly in Europe.

Retail Empire: The Schwarz Group has grown into one of Europe's largest retail companies under Dieter Schwarz's leadership. Lidl and Kaufland have expanded their presence in multiple countries, offering a wide range of products at competitive prices.

Private and Low-Profile: Dieter Schwarz is known for maintaining a low public profile. He rarely gives interviews or makes public appearances, preferring to focus on the operations and growth of the Schwarz Group.

Business Philosophy: Schwarz has been recognized for his commitment to low-cost operations and providing value to customers. The Schwarz Group's retail chains are known for their focus on efficiency, quality products, and affordability.

Philanthropy: While Dieter Schwarz keeps a low public profile, he has engaged in philanthropic efforts. His charitable activities have included donations to educational institutions and other charitable causes.