Steven Rales (#519)
- $ 7 B
- Manufacturing, investments
- United States
- M
- 75 Years
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About Me
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 $24 billion in sales in 2024. In 2021, he and his brother each transferred Danaher shares worth more than $1.5 billion to their charitable foundations. In 2023, Rales purchased an additional 15% stake in the NBA's Indiana Pacers; he now owns 20% of the franchise.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Steven Rales’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Steven Rales’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $7.4B
(May 4, 2026)
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