Portrait of Mitchell Jacobson

Rank #2243

Mitchell Jacobson

Net worth $1.9B

Industrial equipment · United States

Born
Mar 06, 1951
Age
75
Source
Industrial equipment
Residence
Locust Valley, New York
Citizenship
United States
Marital status
Married
Children
0
Education
Bachelor of Arts/Science, Brandeis University; Law Degree, New York University

Net worth over time

Biography

  • Mitchell Jacobson began working for MSC Direct, an office and industrial equipment distributor founded by his father Sidney, in 1976.
  • In 1995, Jacobson took over as CEO of the Melville, N.Y.-based firm, which now distributes hundreds of products, from staplers to air conditioners.
  • Jacobson held the CEO position through 2005 and, since 2013, has been non-executive chairman.
  • Jacobson's parents, who married six weeks after they met, poisoned themselves in 2005 after his father was diagnosed with cancer. They had been married 59 years.
  • Mitchell has one sister, Marjorie Gershwind Fiverson, whose son Erik is currently the president and CEO of MSC Direct.

Financial assets

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