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Schwarz vs Griffin

Schwarz Group (Lidl, Kaufland) and Citadel.

The differences

  • Forbes puts Dieter Schwarz about $0.8B ahead of Ken Griffin.Forbes figures from 17 Sep 2026 and 7 Oct 2026.
  • Dieter Schwarz: inherited and grew it. Ken Griffin: founded it.
  • Dieter Schwarz is about 29 years older than Ken Griffin.
  • Dieter Schwarz is from Germany; Ken Griffin is from United States.

Put someone else on either side

Side by side

SchwarzGriffin

The money

Net worth, Forbes
$58.2BForbes, 17 Sep 2026
$57.4BForbes, 7 Oct 2026
Net worth, Bloomberg
$46.7BBloomberg, 17 Oct 2026
$57.5BBloomberg, 13 Oct 2026
Forbes rank
No. 33Real-Time list, 6 Jun 2026
No. 33Real-Time list, 30 Sep 2026
Billionaire since
Not stated
Not stated

Where it came from

How it started
Inherited and grew itForbes: he inherited the company from his father Josef, opened the first Lidl store in 1973, became CEO in 1977 and built Schwarz Group into Europe's largest retailer
Founded itFounded Citadel in 1990, a year after graduating; established Citadel Securities with partners in 2002
Main source
Control of Schwarz Group (Lidl, Kaufland, PreZero)Bloomberg: 'The majority of Dieter Schwarz's fortune derives from his control of Schwarz Group'
Citadel hedge fund business and Citadel SecuritiesBloomberg: 'The bulk of Ken Griffin's fortune is derived from the money he's made managing Citadel Advisors'
Companies
Schwarz Group (Lidl, Kaufland)Schwarz Group (Lidl, Kaufland): Honorary board member with veto power
Citadel, Citadel SecuritiesCitadel: Founder, CEO and co-chief investment officer; Citadel Securities: Founder and non-executive chairman
Biggest stake
Schwarz Group (Lidl, Kaufland)Stake not stated
Citadel85% owned

The person

Born
1939Heilbronn, Germany
15 Oct 1968Florida, United States
Country
GermanyLives in Neckarsulm, Germany
United StatesLives in Miami, Florida, United States
Education
Not statedJoined his father's company after finishing high school
Bachelor's degreeAB with honors in economics, Harvard College (1989)
Parents
His father Josef Schwarz was a partner in the fruit wholesaler Lidl & Co.
Father was a General Electric engineer on the space program; mother studied childhood education; his grandmother paid his Harvard tuition from her savings

What they give

Giving Pledge
Not a signer
Not a signer
Foundation
Dieter Schwarz StiftungFunds education and research in Heilbronn (Bildungscampus, experimenta, IPAI); it also holds the Lidl and Kaufland shares
Griffin CatalystHis civic engagement and philanthropy initiative
Lifetime giving
Not stated
$2.5BForbes, 9 Feb 2026. Forbes' lifetime giving estimate; Griffin Catalyst says he has donated more than $5.7 billion

Role and record

Role now
On the boardHonorary board member of Schwarz Group's operating company; no longer general partner since December 2021
Runs the companyFounder, CEO and co-CIO of Citadel; founder and non-executive chairman of Citadel Securities
Successor
Gerd Chrzanowski, general partner of Schwarz Group since 1 December 2021A management handover, not an ownership heir; no Schwarz family member is in the group's named executive roster
None namedCitadel's leadership page lists Pablo Salame as co-CIO; no CEO successor and no family members in executive roles
Public office
None found
None found
Legal record
None found
None found

Dieter Schwarz against others

Dieter's profile

Ken Griffin against others

Ken's profile