Personal life Rales with his wife Lalage in 2016 Seeking a Friend for the End of the World The company works frequently with filmmaker Wes Anderson, producing films such as Moonrise Kingdom, The Grand Budapest Hotel, and Isle of Dogs. Rales founded the film production company Indian Paintbrush in 2006. His net worth was estimated by Forbes in July 2023 to be $7.3 billion. In 2008, Rales engineered the initial public offering of the company. He and his brother founded Colfax Corporation in 1995, an industrial pumps manufacturer based in Richmond, Virginia. In 1992, the AM side of WGMS was sold off to the Rales brothers who converted the music station into the first frequency for WTEM, the first full-time sports talk radio station in the Washington metropolitan area. They later ended the bid after five months with a profit of $60 million. When the company responded with a poison pill, they sued, and prevailed in court. In 1988, they made a hostile takeover bid for Interco, a conglomerate comprising manufacturers as diverse as Converse shoes and Ethan Allen furniture. 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 Danaher's Chairman of the Board since January 1984. They changed the name to Diversified Mortgage Investors, in 1978, and then Danaher in 1984. Using junk bonds, they bought a diversified line of businesses: first Mastershield, a vinyl siding manufacturer, then Mohawk Rubber Company, then Diversified Mortgage Group. In 1979, he left his father's real estate firm to found Equity Group Holdings with his brother Mitchell Rales. In 1978, he received a Juris Doctor (JD) degree from American University. In 1973, he graduated from DePauw University, where he was in the Beta Theta Pi fraternity. In 1969, Rales graduated from Walt Whitman High School in Bethesda, Maryland. His father was also a philanthropist, founding the Norman and Ruth Rales Foundation and the Ruth Rales Jewish Family Service. to his employees in what was the first employee stock ownership plan transaction in the US. His father was raised in an orphanage, the Hebrew Orphan Asylum in New York City, and became a businessman, who sold his building supply company in Washington, D.C. Raised in a Jewish family, Rales is one of four sons of Ruth (née Abramson) and Norman Rales. Rales' net worth was estimated by Forbes in July 2023 to be over $7.3 billion. Rales also founded the film production company Indian Paintbrush in 2006, which works closely with filmmaker Wes Anderson. He founded Danaher Corporation in 1984 with his brother Mitchell Rales and is chairman of the board. Rales (born March 31, 1951) is an American businessman and film producer. We proudly invite you to experience Galerie for yourself and join us on this exploration through the world of film. Within Galerie, our rotating selection of curators will be your guide as you expand and deepen your journey through film alongside a vibrant community where everyone is invited to exchange ideas and expand their knowledge.Īnd just like any great film is produced by a team of passionate artists and technicians, so too is Galerie, which is created by Indian Paintbrush and shaped by a wide range of filmmakers, thought leaders, and innovators. We envisioned Galerie as an oasis inhabited by people who value substance over abundance, where curiosity can thrive and meaningful conversation is given the space to grow. Great cinema is all around us, but in this ever-changing landscape it can be difficult to find when navigating algorithms. Here we combine curated film collections, thoughtful essays, and live screenings and discussions into a single destination. Human connection is what binds the many parts of the global cinema community together and what sparked our mission to create a space rooted in personal perspectives and shared experiences. Whether you’re a seasoned film enthusiast or just discovering your love for the art form, Galerie welcomes you. Galerie is a labor of love meticulously crafted by people who believe in the power of cinema to bring us together.
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