
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 AmericaSource of wealth
Manufacturing, investmentsResidence
Potomac, MarylandMarital status
MarriedBirth date
08/21/56 (age 68)Number of children
2Education
Bachelor of Arts/Science, Miami University of OhioSelf-made
self-madeMitchell 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
DanaherNYSE | ENOV-US
Enovis CorporationNYSE | ESAB-US
esabNYSE | FTV-US
FortiveNYSE | VNT-US
Vontier CorpImages © Forbes.com. All rights reserved.