⬅ # 492 Richard Uihlein|# 494 Michael Moritz ➡

# 493 Elizabeth Uihlein 

$6.46B

Real Time Net Worth
as of 11/18/2024

# 493 Elizabeth Uihlein 

$6.46B

Real Time Net Worth
as of 11/18/2024
OccupationCofounder, Uline
Source of WealthPackaging Materials
Age79
ResidenceLake Forest, Illinois
Marital StatusMarried
Children3
Age-Adjusted Net Worth$1.78B
Elizabeth Uihlein
Elizabeth Uihlein
United States
Net worth: $6.46B

Self-Made Score 

Rado Captain Cook Swiss Automatic Watch 42 mm

Biography

Overview

Elizabeth Uihlein is the president of Uline, North America's largest distributor of shipping, packaging, and industrial supplies, with an estimated revenue of $7 billion.
Elizabeth and her husband, Richard Uihlein, founded Uline in their basement in 1980, starting with funds from Richard's father, Edgar Uihlein.
The Uihleins are known for their significant contributions to Republican political campaigns, with over $190 million reported donations, making them the fourth biggest donors in the U.S.

Early Life and Education

Richard Uihlein graduated from Stanford University with a BA in history in 1967.
He is a descendant of the brewers of Schlitz beer, with his great-grandfather being August Uihlein.
Until 1980, Richard worked in international sales for General Binding Corporation, co-founded by his father, Edgar Uihlein.

Business Ventures

Uline was founded in 1980 by Elizabeth and Richard Uihlein, initially operating from their basement.
Starting with the H-101 carton sizer, Uline rapidly expanded its catalog to over 17,000 products by the 2000s.
In 2008, Uline relocated its headquarters to Pleasant Prairie, Wisconsin, eventually growing to over 9,000 employees.

Political Activism

Richard Uihlein has been a long-time Republican donor, particularly after the Citizens United v. FEC ruling.
The Uihleins have supported conservative causes and candidates, opposing unions, taxes, and advocating for deregulation.
They have contributed millions to Republican PACs, supported candidates like Trump, and financed efforts against abortion and LGBTQ+ rights.

Philanthropy and Conservative Support

The Uihleins finance conservative organizations like the Conservative Partnership Institute and Turning Point USA.
Through the Ed Uihlein Family Foundation, they've granted millions to conservative think tanks and nonprofits.
Their donations also extend to Republican candidates in various state and federal elections, supporting causes aligned with their conservative values.

Recent Political Contributions

During the 2022 midterm elections, Richard Uihlein contributed over $80.7 million to Republicans and Republican-aligned groups.
He notably supported Darren Bailey in the Illinois gubernatorial election and Herschel Walker's Senate campaign, among others.
The Uihleins also heavily funded conservative initiatives like Ohio's Issue 1, despite its rejection by voters.

Elizabeth Uihlein's Wealth is Equivalent to:

4,969,207 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,221,381 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

65,972 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Elizabeth Uihlein?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Elizabeth Uihlein's net worth of $6.46B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 58.67% compared to 23.91% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Elizabeth Uihlein is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Elizabeth Uihlein, Packaging Materials is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey