Steven Rales Net Worth is$3.3 Billion
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Profession: Film Producer

Date of Birth: 1951

Nicknames: Steven M Rales, Steven Rales
What is Steven Rales net worth? Steven Rales net worth is $3.3 billion dollars. That net worth makes Steven Rales the richest person in Washington D.C. Steven Rales graduated from Walt Whitman High School in Maryland, and then went on to DePauw University. He also earned his J.D. from American University in the late 70s. After spending a year working for his fathers real estate business, he co-founded Equity Group Holdings with his brother, Mitchell. They purchased a range of smaller businesses that were related to housing construction and parts manufacturing. In 1984, they changed their companys name to Danaher, and he became Chairman of the Board. Since then, the company has continued to expand and diversify. Mr. Rales is now part owner, with his brother, of WTEM, a sports talk radio station, and he owns his own production company, Indian Paintbrush. His production company has produced such films as The Darjeeling Limited and Fantastic Mr. Fox. He has also made significant donations to the Washington Ballet and to DePauw University.

Steven Rales Latest News

Danaher Corp. moving forward with corporate split

Danaher was conceived in 1984 by brothers Steven and Mitchell Rales after a Montana fishing trip. While on a tributary of the south fork of the Flat Head River, a stream that was called the Danaher, the brothers envisioned a manufacturing company modeled ...
Posted: June 20, 2016, 1:00 am

COMPANY NEWS; Rales Group Extends Its Offer for Interco

The letter, written by Steven M. Rales to Harvey Saligman, stated that Cardinal would extend its tender offer by 24 hours, to Wednesday at midnight. The investor group also said it wanted to gain access to nonpublic financial information about Interco and ...
Posted: November 13, 1988, 4:00 pm

Rales Brothers Danaher Corp Rumoured to Bid $4 Billion for J&J’s Diagnostics Division

Rales brothers, Steven (R) and Mitchell (L) J&J’s Ortho Clinical Diagnostics (OCD) business, which makes blood screening equipment and laboratory blood tests, is one of its smallest components of that group, and likely something of a step-child in terms ...
Posted: November 10, 2013, 10:10 am

Steven M. Rales

Mr. Steven M. Rales is the Founder of Indian Paintbrush Productions LLC. Mr. Rales is also a Co-Founder of Equity Group Holdings LLC. He co-founded Colfax Corporation in 1995. He is a co-founder of Danaher Corp. For five years, he has been a Principal in a ...
Posted: August 15, 2017, 1:02 am

Another billionaire to build on Mount Desert Island

The houses on Mitchell Rales’ 4.6-acre property and the land they sit on have a cumulative assessed value of $24.5 million. Now his brother, Steven M. Rales, has started work to redevelop another residential waterfront property about three miles away on ...
Posted: October 19, 2013, 5:00 pm
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