Billionaire Mitchell Rales, co-founder of Danaher Corporation in Washington, D.C.and the Glenstone museum in Potomac, is partnering with fellow billionaire Josh Harris, owner of the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils, in attempt to purchase the Washington Commanders according to ESPN NFL reporter Adam Schefter.
DC billionaire Mitchell Rales is partnering with Josh Harris in their attempt to buy the Washington Commanders, per league source. Rales is the co-founder of the Danaher Corporation, DC’s largest company.
— Adam Schefter (@AdamSchefter) March 9, 2023
MyMCM reached out to a spokesperson for Rales for confirmation of the report and was told “We have no comment.”
Rales, 67, was born in Pittsburgh and grew up in Bethesda graduating from Walt Whitmaan High School where he captained the football and baseball teams.
In 2006, Rales and his wife Emily Wei Rales founded Glenstone, a museum in Potomac “seamlessly integrating art, architecture and nature into a serene environment.”
His net worth is estimated at $7 billion according to Forbes.
Harris, a former Chevy Chase resident, had been previously reported to be a bidder for the NFL team. Harris, Amazon founder and Washington Post owner Jeff Bezos and Houston Rockets owner Tilman Fertitta are considered, a this point, to be the most likely people to buy the Commanders’ football team from Dan Snyder, if and when he decides to sell.