Steven Rales
Chairman, Danaher
$7.91B
as of 07/05/24
About Steven Rales
Steven Rales and his brother Mitchell acquired a REIT in 1983 and merged it into their firm Danaher, named after a Montana creek.
Focused on tax avoidance and cash flow, they acquired more than three dozen companies and turned Danaher into a diversified firm.
Rales serves as chairman of the board at Danaher, which had around $31.5 billion in sales in 2022.
In July 2016, the industrial conglomerate spun off some of its assets into a new company, Fortive Corporation.
In June 2021, 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
Santa Barbara, CaliforniaMarital status
MarriedBirth date
03/31/51 (age 73)Number of children
3Education
Law Degree, American University; Bachelor of Arts/Science, DePauw UniversitySelf-made
self-madeSteven Rales’s fortune is worth
132K
troy ounces of gold
122K
median U.S. household
79K
median U.S. income
0.158%
U.S. credit card volume
0.032%
GDP of the United States
0.023%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
His brother Mitchell Rales showcases his extensive art collection in a state of the art museum in Maryland.
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.