Age, Biography and Wiki
Steven M. Rales was born on 1951 in Pittsburgh, PA, is an American billionaire businessman. Discover Steven M. Rales's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 72 years old?
| Popular As |
N/A |
| Occupation |
Businessman Film producer |
| Age |
72 years old |
| Zodiac Sign |
N/A |
| Born |
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| Birthday |
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| Birthplace |
Bethesda, Maryland, U.S. |
| Nationality |
United States |
We recommend you to check the complete list of Famous People born on .
He is a member of famous with the age 72 years old group. He one of the Richest who was born in United States.
Steven M. Rales Height, Weight & Measurements
At 72 years old, Steven M. Rales height not available right now. We will update Steven M. Rales's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Steven M. Rales's Wife?
His wife is Christine Plank (m. 1983-2003)
Lalage Damerell (m. 2012)
| Family |
| Parents |
Not Available |
| Wife |
Christine Plank (m. 1983-2003)
Lalage Damerell (m. 2012) |
| Sibling |
Not Available |
| Children |
Stephanie Rales, Alexander Rales, Gregory Rales |
Steven M. Rales Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Steven M. Rales worth at the age of 72 years old? Steven M. Rales’s income source is mostly from being a successful . He is from United States. We have estimated
Steven M. Rales's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
7.1 billion USD (2020) |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
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Steven M. Rales Social Network
Timeline
The company was also involved in Jeff, Who Lives at Home (2011), Moonrise Kingdom (2012), Seeking a Friend for the End of the World (2012), Labor Day (2013), The Grand Budapest Hotel (2014), Me and Earl and the Dying Girl (2015), and Isle of Dogs (2018).
Rales owns the production company Indian Paintbrush, which has funded The Darjeeling Limited (2007), and Fantastic Mr. Fox (2009).
He has been a major supporter of the Washington Ballet. In 2002, he was a major donor in the dedication of the Peeler Art Center at DePauw University. He was a donor to GolfRocks.
In 1995 Steven and Mitchell Rales founded Colfax Corporation, a Richmond, Virginia industrial pumps manufacturer. In May 2008, Steven engineered the initial public offering of the company.
In 1988, they made a hostile takeover bid for Interco, a conglomerate comprising manufacturers as diverse as Converse shoes and Ethan Allen furniture. When the company responded with a poison pill, they sued, and prevailed in court. They later ended the bid after five months with a profit of $60 million.
In 1985, they bought Easco Corporation, the then-largest independent aluminum extrusion manufacturer, and hand tool manufacturer which produced the Craftsman brand of sockets and wrenches for Sears.
He has served as Chairman of the Board of Danaher since January, 1984.
In 1983, he married Christine Plank, a 1974 DePauw University alumna. They have three children, Alexander, Gregory, and Stephanie. They divorced in 2003. In 2012, he married Lalage Damerell.
In the 1980s, the AM side of WGMS was sold off to Washington, D.C., venture capitalists Steven and Mitchell Rales, who converted the music station into the first frequency for WTEM, a sports-talk station, in 1992.
In 1979, he left his father's real estate firm to found Equity Group Holdings, with his brother Mitchell Rales. Using junk bonds, they bought a diversified line of businesses: first Mastershield, a vinyl siding manufacturer, then Mohawk Rubber Company, then Diversified Mortgage Group. They changed the name to Diversified Mortgage Investors, in 1978, and then Danaher, in 1984.
Rales graduated in 1969 from Walt Whitman High School, in Bethesda, Maryland. In 1973, he graduated from DePauw University, where he was in the Beta Theta Pi fraternity. In 1978, he was awarded a J.D. from the American University.
Steven M. Rales (born March 31, 1951) is an American businessman, film producer and chairman of Danaher Corporation. In 2018 Forbes listed him as the 88th richest person in America, with a net worth of $6.2 billion.
