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Charlie Mills
#315

Charlie Mills

Source of wealth: Medical supplies

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Charlie Mills's fortune with the healthcare spending of a massive country

Charlie Mills could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 4.7 years.

But even if we compare their fortune with that of a rich country

On the other end, Charlie Mills could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 2.1 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Charlie Mills could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 3.1 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Charlie Mills could pay for it entirely for 4.2 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Charlie Mills could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 17.6 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Charlie Mills with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.4 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Charlie Mills's fortune is equivalent to 72 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Charlie Mills could buy 19,137,583 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 3 trucks to transport them. Although Charlie Mills will almost certainly have enough money left over to pay for the gas.

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Biography

Charlie Mills is chairman of Illinois-based medical supplies giant Medline, which his father and uncle founded in 1966.

Mills and his extended family, which includes four other billionaires, own roughly 17% of the company, which IPO'd on the Nasdaq in December 2025 and ended its first trading day with a market cap of more than $55 billion.

The Mills family previously sold 79% of Medline to a group of private equity firms in a leveraged buyout that valued the company at more than $30 billion in 2021.

Charlie Mills served as Medline's CEO for 26 years until 2023, while his cousin Andy Mills served as president during that same period. Andy Mills also still sits on the company's board.

Andy Mills' brother-in-law Jim Abrams served as chief operating officer of Medline from 1997 to 2023. The company is now run by non-family executives.

Financial Assets

Exchange
NASDAQ
Ticker
MDLN-US
Company
Medline Inc.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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