Mitchell Rales

$5.07B
as of 10/04/24

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

84K

troy ounces of gold

78K

median U.S. household

51K

median U.S. income

0.101%

U.S. credit card volume

0.02%

GDP of the United States

0.015%

United States debt

Net worth history

Annual ranking

Did you know?

His brother Steven founded the film production company Indian Paintbrush, which backed the movies 'Isle of Dogs,' 'Moonrise Kingdom' and 'The Grand Budapest Hotel.'

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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