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Two Billionaire Brothers, Mitchell and Michael Rales, on Mount Desert Island in Maine

Posted: Oct. 22nd, 2013  |  By DailyLuxe News

Mitchell P. Rales

Oh brother! Well, actually it should be brother, brother.

If you want to live among billionaire brothers, buy property in Mountain Desert Island and hang with the Rales brothers, Michael P. and Mitchell P. 

Michael P. Rales is the second member of the wealthy family to build on the island. Mitchell owns the most valuable property on Mount Desert Island. He owns an estate that sets on 4.6 acres of land that has an assessed value of $24.5 million. Both brothers are investors and have a combined worth of about $6.7 billion.   

…. The two Rales brothers founded and control Danaher Corp., a conglomerate that specializes in producing scientific and technological equipment and services. According to Forbes magazine, as of last month, Mitchell Rales had an estimated net worth of $3.5 billion while Steven Rales’ estimated net worth was $3.2 billion, respectively ranking them the 134th and 157th wealthiest Americans.

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