91st Oscars - Oscar Week: Animated Features Getty ImagesBillionaire Steven Rales, who co-produced Wes Anderson’s latest animated movie Isle of Dogs, walked away empty handed from Sunday night’s Academy Awards ceremony. Danaher, the science and technology conglomerate Steven and his brother Mitchell Rales cofounded in 1981, announced early on Monday morning at 7 a.m. that it will acquire GE’s biopharma business for $21.4 billion in cash. Born and raised in Washington, D.C., Steven and Mitchell Rales quit their father’s real estate development firm to found their own business, Equity Group Holdings, in 1979. The Rales brothers were not wrong. Mitchell Rales established the Glenstone Museum with his wife Emily in 2006.

Source: Forbes February 25, 2019 21:11 UTC