Mitchell Rales

$3.99B
$172.1M (-4.1%)
as of 04/03/25

About Mitchell Rales

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 $23.9 billion in 2023 revenues.

In July 2016, Danaher spun off its industrial technologies, measurement and petroleum businesses into Fortive Corporation.

Mitchell Rales retired from his position at Fortive Corp. in 2021 but he is still chairman of Danaher's executive committee.

In June, he and his brother each transferred Danaher shares worth more than $1.5 billion to their charitable foundations.

Personal stats

Citizenship

United States of America

Source of wealth

Manufacturing, investments

Residence

Potomac, Maryland

Marital status

Married

Birth date

08/21/56 (age 68)

Number of children

2

Education

Bachelor of Arts/Science, Miami University of Ohio

Self-made

self-made

Mitchell Rales’s fortune is worth

66K

troy ounces of gold

61K

median U.S. household

40K

median U.S. income

0.08%

U.S. credit card volume

0.016%

GDP of the United States

0.012%

United States debt

Net worth history

Annual ranking

Did you know?

Mitchell donated more than $1 billion in art to his Glenstone Museum in Potomac, Maryland. In 2018, the museum opened Pavilions, a 204,000 square feet extension.

Net worth over time

Real-time ranking

Financial assets

NYSE | DHR-US

Danaher

NYSE | ENOV-US

Enovis Corporation

NYSE | ESAB-US

esab

NYSE | FTV-US

Fortive

NYSE | VNT-US

Vontier Corp

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