Mitchell Jacobson Net Worth

Mitchell Jacobson is an American businessman with a net worth of $1.1 billion. He is the founder and CEO of MSC Industrial Direct, a Melville, N.Y.-based company that is one of the largest distributors of office and industrial equipment in the world. Jacobson has built his wealth through his successful business venture.
Mitchell Jacobson is a member of Richest Billionaires

Age, Biography and Wiki

Birth Place United States
Age 69 YEARS OLD
Net Worth: $1.1 Billion
Gender: Male

💰 Net worth: $1.3 Billion (2024)

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Mitchell Jacobson Net Worth: Mitchell Jacobson is an American businessman who has a net worth of $1.1 billion. Mitchell Jacobson has accumulated his riches through the Melville, N.Y.-based MSC Industrial Direct, one of the largest distributors of office and industrial equipment worldwide.

Today, he serves as the chairman of the group, which was set up in 1941 by his father Sidney Jacobson as "Sid Tool, Inc.". At the time, the company was mainly selling cutting tools and accessories to New York City machine shops, whereas today, the company operates from four regional distribution centers and 95 branch offices. With sales of $2.4 billion, the company makes the most, if not the entire Mitchell's net worth. The day-to-day management of MSC Industrial Direct is now in the hands of Mitchell Jacobson's only son, who serves as the president and CEO, and also is the company's largest shareholder.