Mitchell Rales: A Life of Business and Philanthropy

Mitchell P. Rales is an American businessman and art collector who has made significant contributions to the world of commerce and culture. He is best known as the co-founder of Danaher Corporation, a global conglomerate with a diversified portfolio of businesses. Rales is also a passionate philanthropist, having donated billions of dollars to support education, the arts, and other causes.

Early Life and Education

Mitchell P. Rales was born in Pittsburgh, Pennsylvania, in August 1956. He grew up in Bethesda, Maryland, and attended Walt Whitman High School. After graduating from high school, Rales earned a degree in business administration from Miami University.

Career Highlights

Rales’s career began in the real estate industry, where he worked for his family’s business. In 1984, he and his brother Steven Rales founded Danaher Corporation, a company that initially focused on manufacturing and distribution of tools and equipment. Under Rales’s leadership, Danaher grew into a diversified conglomerate with a market capitalization of over $200 billion.

Rales is also a respected figure in the art world. He is a co-founder of Glenstone, a private museum located in Potomac, Maryland, that houses an extensive collection of modern and contemporary art. Rales is also the president of the National Gallery of Art in Washington, D.C.

Philanthropic Endeavors

Rales is a committed philanthropist who has donated billions of dollars to support a variety of causes. He is particularly passionate about education and the arts. In 2016, he and his brother Steven each pledged $1 billion to their respective charitable foundations.

Net Worth and Social Media Presence

Mitchell Rales’s net worth is estimated to be over $5 billion. He is active on social media, with over 20,000 followers on Twitter.

Personal Life

Rales has been married twice. He and his first wife, Lyn Goldthorp Rales, had two children before divorcing in 1999. He married his second wife, Emily Wei, in 2008.

Mitchell P. Rales is a remarkable individual who has achieved great success in both business and philanthropy. He is an inspiration to many, and his legacy will continue to be felt for years to come.