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facts about mitchell rales.html

19 Facts About Mitchell Rales

facts about mitchell rales.html1.

Mitchell P Rales was born on August 1956 and is an American businessman and art curator.

2.

Mitchell Rales co-founded Danaher Corporation with his brother Steven Rales in 1984 and the art museum Glenstone with his wife Emily Wei in 2006.

3.

Mitchell Rales was born in August 1956 in Pittsburgh, Pennsylvania, and grew up in Bethesda, Maryland.

4.

Mitchell Rales graduated from Walt Whitman High School in 1974, where he was captain of their football and baseball teams.

5.

Mitchell Rales earned a degree in business administration at Miami University in 1978 and was a member of Beta Theta Pi fraternity.

6.

In 1979, Mitchell Rales left his father's real estate firm to found Equity Group Holdings with his brother, Steven Mitchell Rales.

7.

Mitchell Rales later ended the bid after five months with a profit of $60 million.

8.

Mitchell Rales is a majority shareholder of Fortive, which split off from Danaher in 2016, and served on their board of directors until June 2021.

9.

Mitchell Rales had previously been fined $850,000 by the US Department of Justice in 1991 for violating the same act after buying Interco.

10.

In July 2023, Mitchell Rales became the top limited partner in a group headed by Josh Harris that acquired the National Football League team Washington Commanders for $6.05 billion.

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Mitchell Rales considered the opportunity to be "humbling", as he grew up a fan of the team and frequently attended home games at RFK Stadium.

12.

Mitchell Rales had owned the land since 1986 and had previously made it his residence.

13.

Mitchell Rales donated $1.9 billion to the Glenstone Foundation in 2021, increasing the museum's asset value to $4.6 billion, nearly the same as the Metropolitan Museum of Art in New York.

14.

From 2019 to 2024, Mitchell Rales was president of the National Gallery of Art, being succeeded by Darren Walker.

15.

Mitchell Rales is Jewish and is one of four sons of Norman and Ruth Mitchell Rales.

16.

Mitchell Rales married his second wife, Emily Wei, in 2008.

17.

Mitchell Rales was the president of the National Gallery of Art from 2019 to 2024, and is chairman of the board of ESAB.

18.

Mitchell Rales is a former board member of the Hirshhorn Museum and Sculpture Garden and retired as chair of Enovis in 2023.

19.

Mitchell Rales signed The Giving Pledge in 2019, with his net worth being estimated by Forbes in April 2025 to be $4.1 billion.