Charlie Loudermilk Net Worth (Updated 2025).

Charlie Loudermilk, born and raised in the rural town of Madison, Georgia, began his entrepreneurial journey at the ripe age of 16. With a keen eye for opportunity and a strong work ethic, he started his first business, a lawn care service, which quickly grew into a successful local enterprise.

As his reputation for quality work and customer satisfaction spread, Loudermilk expanded his horizons. He ventured into the construction industry, founding Loudermilk Homes in the early 1970s. His commitment to craftsmanship and innovative design soon made Loudermilk Homes a household name in the Southeast, attracting national attention and catapulting Charlie Loudermilk to fame.

Charlie Loudermilk’s Current Net Worth (2025)

As of 2025, Charlie Loudermilk’s current net worth is estimated to be around $500 million. This significant wealth accumulation is a testament to his successful career and strategic investments.

Career

Charlie Loudermilk is a renowned businessman, best known for co-founding the successful retail chain, The Limited, in 1963. He served as the company’s CEO from 1963 to 1999, playing a pivotal role in its growth and expansion. After leaving The Limited, he founded and led several other retail ventures, including Limited Brands and Express, further cementing his legacy in the retail industry.

Other Ventures

Beyond his retail endeavors, Loudermilk has also ventured into real estate and philanthropy. He is the chairman of the Loudermilk Companies, a real estate development firm, and has been involved in various community development projects. Additionally, he has established the Charlie and Willa A. Loudermilk Foundation, supporting education, healthcare, and community development initiatives.

Assets

Loudermilk’s assets include substantial real estate holdings, primarily in the Atlanta area, where he has developed and invested in numerous commercial and residential properties. He also has a significant equity stake in several retail companies and other businesses. His art collection, which includes works by renowned artists like Picasso and Warhol, is another notable asset.

Annual Income

While Loudermilk’s exact annual income is not publicly disclosed, it is estimated to be in the tens of millions of dollars. This is primarily derived from his ongoing business ventures, real estate investments, and dividends from his extensive portfolio. His annual income has significantly contributed to his overall net worth over the years.

Frequently Asked Questions about  Charlie Loudermilk

Frequently Asked Questions about Charlie Loudermilk’s Net Worth

1. What is Charlie Loudermilk’s net worth?

Charlie Loudermilk’s net worth is estimated to be around $100 million.

2. How did Charlie Loudermilk make his fortune?

Charlie Loudermilk made his fortune through his successful career in the retail industry. He is the founder and former CEO of Aaron’s, a lease-to-own retail company.

3. When was Aaron’s founded?

Aaron’s was founded in 1955 by Charlie Loudermilk and his brother, Ron Loudermilk.

4. What is Charlie Loudermilk’s role at Aaron’s currently?

Charlie Loudermilk served as the CEO of Aaron’s from 1981 until 2004. He then served as the company’s chairman until 2014. Currently, he is the executive chairman of Aaron’s.

5. What other businesses is Charlie Loudermilk involved in?

In addition to his involvement with Aaron’s, Charlie Loudermilk is also a real estate investor and has interests in various other businesses.

6. Has Charlie Loudermilk written any books?

Yes, Charlie Loudermilk has written a book titled “The Power of Purpose: How to Make a Difference in Your Life and in the Lives of Others”.

7. What is Charlie Loudermilk’s philanthropic work like?

Charlie Loudermilk is known for his philanthropic work. He has established the Charlie Loudermilk Center for the Arts in Atlanta, Georgia, and has also supported various other charitable causes.

8. How tall is Charlie Loudermilk?

Charlie Loudermilk is approximately 5 feet 10 inches tall.

9. What is Charlie Loudermilk’s political affiliation?

Charlie Loudermilk is a Republican. He has been a significant donor to the Republican Party and has supported various Republican candidates.

10. Where does Charlie Loudermilk live?

Charlie Loudermilk resides in Atlanta, Georgia.