Albertsons Net Worth (Updated 2025).

Albertsons, a prominent figure in the world of retail, began his career in an unassuming manner. Born in 1882, he started working at a young age, initially in a grocery store in Idaho. His hard work and dedication caught the attention of his superiors, leading to his promotion to store manager at just 21 years old.

In 1939, Albertsons took a significant leap in his career when he partnered with his brother, Ralph, to establish a small grocery store in Boise, Idaho. This store, named after their last name, was the humble beginning of what would eventually become one of the largest grocery store chains in the United States.

Albertsons’ Current Net Worth (2025)

As of 2025, Albertsons’ current net worth is estimated to be around $15 billion, according to Forbes. This significant figure reflects the company’s robust performance in the retail industry.

Career

Founded in 1939 by Joe Albertson, the company started as a single store in Idaho. Under his leadership, Albertsons grew into a nationwide chain, becoming a key player in the supermarket industry. Today, it operates over 2,200 stores across the U.S. under various banners.

Other Ventures

Albertsons has expanded beyond traditional grocery retail. In 2018, they launched their e-commerce platform, expanding their reach to online shoppers. They’ve also invested in meal kits and delivery services, partnering with companies like Plated and Instacart.

Assets

Albertsons’ assets include real estate, with numerous stores and distribution centers across the country. They also hold valuable intellectual property, such as their brand names and proprietary technology used in their e-commerce platform. Additionally, their extensive supply chain and logistics network is a significant asset.

Annual Income

In 2021, Albertsons reported a total revenue of $62.5 billion, reflecting a 13% increase from the previous year. This revenue is generated from their various store formats and banners, as well as their e-commerce platform and other ventures.

Frequently Asked Questions about  Albertsons

Frequently Asked Questions about Albertsons

1. What is Albertsons’ net worth?

Albertsons’ net worth is estimated to be around $14.2 billion.

2. When was Albertsons founded?

Albertsons was founded in 1939 by Joe Albertson in Boise, Idaho.

3. Who is the CEO of Albertsons?

Vivek Sankaran is the current President and CEO of Albertsons Companies.

4. How many stores does Albertsons operate?

As of 2021, Albertsons operates over 2,200 stores across 34 states and the District of Columbia under 20 different banners.

5. What are some of the brands under Albertsons?

Some of the brands operated by Albertsons include Safeway, Vons, Jewel-Osco, Shaw’s, Acme, and Tom Thumb, among others.

6. Where is Albertsons’ headquarters located?

Albertsons’ headquarters is located in Boise, Idaho.

7. How many employees does Albertsons have?

Albertsons employs over 270,000 people across its various stores and facilities.

8. What are the main products sold by Albertsons?

Albertsons sells a wide range of products, including groceries, fresh produce, meat, seafood, bakery items, deli products, and general merchandise.

9. Does Albertsons offer online shopping?

Yes, Albertsons offers online shopping through its website and mobile app, with options for home delivery and in-store pickup.

10. What is Albertsons’ ticker symbol on the New York Stock Exchange?

Albertsons Companies is listed on the New York Stock Exchange under the ticker symbol ACI.