With a net worth of $3.7 billion, Mitchell Rales is the richest person in Maryland. As a successful American businessman and director of the Danaher Corporation, Rales’ career in finance began in 1979 when he started Equity Group Holdings with his brother Steven M. Rales. Known for his philanthropic work, he serves on the boards of prestigious organizations like the Hirshhorn Museum and the National Gallery of Art, while also being the proprietor of the highly exclusive Glenstone Museum which houses his collection of artistic masterpieces.
Key facts:
Mitchell Rales currently serves as a director of the Danaher Corporation, where he has been on the board since 1983.
Rales began his career in finance in 1979 when he co-founded Equity Group Holdings with his brother, Steven M. Rales.
Under Rales' leadership, Equity Group Holdings made a fortune in junk bonds and later changed its name to Danaher Corporation in 1984.
Mitchell Rales is known for his philanthropic work and serves on the boards of organizations such as the Hirshhorn Museum and the National Gallery of Art.
Rales is also the proprietor of the Glenstone Museum, a highly exclusive venue that houses his collection of artistic masterpieces in various media.
