Mitchell Jacobson’s profile picture

Mitchell Jacobson

Mitchell Jacobson’s profile picture
Net worth 2018: $1.33 Billion
Industry: Service
Residence: Locust Valley, New York
Country: United States
Education: Bachelor of Arts / Science, Brandeis University; Law Degree, New York University
BIOGRAPHY

Mitchell Jacobson was born in Locust Valley, New York, United States. Mitchell Jacobson is #1714 in List Billionaires People In The World. In 1976, Mitchell Jacobson began working for MSC Direct, an office and industrial equipment distributor his father Sidney had founded back in 1941. . Shortly after Sidney founded the firm, he became concerned that just two customers made up 90% of his business, so he turned to catalog sales to expand the client base. In 1995, Mitchell took over as CEO of the Melville, N.Y.-based firm, which distributes goods worldwide. He held the top job through 2005 and is now the largest shareholder of the company, which distributes hundreds of products, from staplers to air conditioners.

NET WORTH STATISTIC
2013

$1.1 Billion

2014

$1.15 Billion

2017

$1.5 Billion

2018

$1.33 Billion

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