Mitchell Rales Net Worth
Mitchell Rales is an American businessman born around 1956 and with a current net worth of $3.7 billion. Mitchell Rales is the richest person in Maryland. His net worth is testament to his success in the field of business, and he currently serves as a director of the Danaher Corporation, where he has had a place on the board since 1983. His career in finance began in earnest in the year 1979, when he left his father's real estate firm to start a financial firm called Equity Group Holdings with his brother and fellow businessman Steven M. Rales. The firm made a fortune in junk bonds and quickly had a diverse line of companies to its name. Five years later, in 1984, the firm changed its name to Danaher Corporation, which it holds to this day. Rales is also known for his philanthropic work, as he serves on the boards for organizations such as the Hirshhorn Museum and the National Gallery of Art. He is also the proprietor of the Glenstone Museum, which is the home to Rales' collection of artistic masterpieces in a variety of media. As museums go, the Glenstone Museum is a highly exclusive venue, and visitors can only find their way into the museum by appointment.