Mitchell Rales – Billionaire

Mitchell Rales (born 1956 (age 60–61)) is an American businessman and a collector of modern and contemporary art. He has been a director of Danaher Corporation since 1983. In collaboration with his wife Emily Wei Rales, an art historian and curator, he has established Glenstone, a museum in Potomac, Maryland, which presents exhibitions of their collection of modern and contemporary art and installations of outdoor sculpture.

Early life and education

Raised in a Jewish family, Mitchell is one of four sons of Norman and Ruth Rales. His father was raised in an orphanage, the Hebrew Orphan Asylum in New York City and later became a very successful businessman who sold his building supply company in Washington, D.C. to his employees in what was the first employee stock ownership plan (ESOP) transaction in the U.S. His father was also a philanthropist founding the Norman and Ruth Rales Foundation and the Ruth Rales Jewish Family Service. Mitchell has three brothers: Joshua, Steven, and Stewart.

Mitchell grew up in Bethesda, Maryland and graduated from Walt Whitman High School in 1974. He earned a degree in business administration at Miami University in Oxford, Ohio in 1978 and was a member of Beta Theta Pi fraternity.

Source:wikipedia