Rank #1255
Mitchell Rales
Net worth $3.5B
Manufacturing, investments · United States
- Born
- Aug 21, 1956
- Age
- 69
- Source
- Manufacturing, investments
- Residence
- Potomac, Maryland
- Citizenship
- United States
- Marital status
- Married
- Children
- 2
- Education
- Bachelor of Arts/Science, Miami University of Ohio
Net worth over time
Biography
- Mitchell Rales and his brother Steven acquired a real estate investment trust in 1983 and merged it into the firm Danaher.
- Over the years they acquired more than three dozen companies and turned Danaher into an industrial firm with nearly $24 billion in 2024 revenue.
- Mitchell Rales serves as chairman of Danaher's executive committee.
- Rales is also a minority owner of the NFL's Washington Commanders.
- In 2021, he and his brother each transferred Danaher shares worth more than $1.5 billion to their charitable foundations.
- His brother Steven founded the film production company Indian Paintbrush, which backed the movies 'Isle of Dogs,' 'Moonrise Kingdom' and 'The Grand Budapest Hotel.'
Financial assets
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