Steven Rales: Richest Person in Washington D.C. with $3.6 Billion Net Worth
Steven Rales is an American businessman who co-founded Equity Group Holdings with his brother, Mitchell. The company purchased smaller businesses related to housing construction and parts manufacturing and changed its name to Danaher in 1984, with Mr. Rales becoming Chairman of the Board. Danaher has since expanded and diversified, making Mr. Rales a billionaire.
Aside from his business ventures, Mr. Rales is also part owner of a sports talk radio station and owns his own production company, Indian Paintbrush. His production company has produced films like “The Darjeeling Limited” and “Fantastic Mr. Fox”.
Mr. Rales has also made significant donations to the Washington Ballet and to his alma mater, DePauw University. His net worth of $3.6 billion makes him the richest person in Washington D.C.
