BillionaireNet
Uihlein
Richard Uihlein
Rank #683
UNITED STATESManufacturingPackaging materials

Richard Uihlein

Net Worth
$5.806B
0% (24h)
Richard Uihlein, at 80 years old, is a prominent figure in the business world as the CEO of Uline, a leading distributor of packaging and shipping materials. His source of wealth stems from Uline, which he co-founded with his wife, Elizabeth, in 1980. Uihlein's career began in international sales at General Binding Corporation before transitioning to entrepreneurship. His achievements include building Uline into a major player in its industry, generating billions in revenue and employing thousands. Uihlein's conservative political donations have also made him a significant figure in Republican politics.

The Full Dossier

Early Life

Richard Ellis Uihlein was born in 1945. He is a descendant of the Schlitz Brewing dynasty. He graduated from Stanford University in 1967 with a B.A. in History.

Rise to Success

Uihlein's career began with a role in international sales at General Binding Corporation. In 1980, he and his wife, Elizabeth, founded Uline. The company started in their basement, recognizing a need for shipping supplies. With start-up funds from his father, Edgar Uihlein, they built Uline into a major distributor of shipping, packaging, and industrial supplies. Uline's success led to significant growth, expanding to multiple locations across North America.

Key Business Strategies

Uline's business model focuses on providing quality products, excellent customer service, and rapid delivery. The company's extensive catalog and online presence offer a wide variety of products to meet the needs of businesses. Uline has invested heavily in its infrastructure, including large warehouses and distribution centers, to ensure efficient order fulfillment and customer satisfaction.

Philanthropy

Richard and Elizabeth Uihlein are known for their philanthropic activities, primarily through the Ed Uihlein Family Foundation. They support various conservative causes and organizations, including those focused on free markets and limited government. Their foundation has made significant donations to various conservative and Republican causes.

Career Timeline

1980

Co-founded Uline

Co-founded Uline, a shipping supplies company, with his wife, Elizabeth.

1967

Graduation

Graduated from Stanford University with a B.A. in History.

Philanthropic Impact

Philanthropy$XB

Ed Uihlein Family Foundation

Supports conservative causes and organizations.

Wealth Trajectory