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Steven Rales

Steven Rales

Steven Rales (#429)

Global Rank #429
Country Rank #192
Country United States

Steven Rales is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 9 B
  • Manufacturing, investments
  • United States
  • M
  • 75 Years

Snapshot

Quick Facts

Global Rank #429
Country Rank #192
Net Worth $8.8B
Previous Worth $8.7B
Worth Change +$0.1B
Country United States
Industry Manufacturing, investments
Age 75 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 08 Sep 2026, 12:00 AM
Residence Santa Barbara, California
World Billionaires List United States Billionaires Manufacturing, investments

Profile Data

Personal Stats

Age 75
Source Of Wealth Manufacturing, investments, Self Made
Self Made Score 7
Philanthropy Score 2
Residence Santa Barbara, California
Citizenship United States
Marital Status Married
Children 3
Education Bachelor of Arts/Science, DePauw University; Law Degree, American University
Net Worth Change +$0.1B +1.1% from previous worth
Previous Net Worth $8.7B
Current Net Worth $8.8B

Worth as of May 4, 2026

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.

Insights

Did You Know?

His production company Indian Paintbrush funded some of Wes Anderson's movies, such as "Isle of Dogs", "Moonrise Kingdom" and "The Grand Budapest Hotel."

His brother Mitchell Rales showcases his extensive art collection in a state of the art museum in Maryland.

Wealth Growth

Net Worth Growth Over Time

Tracking Steven Rales's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $8.8B (May 4, 2026)

© Iconic Billionaires