Mitchell Jacobson
Locust Valley, New York
Bachelor of Arts/Science, Brandeis University | Law Degree, New York University
United States
industrial equipment
$1,200,000,000
1717
#1717 Billionaires 2019
Mitchell Jacobson began working for MSC Direct, an office and industrial equipment distributor founded by his father Sidney, in 1976. In 1995, Jacobson took over as CEO of the Melville, N.Y.-based firm, which now distributes hundreds of products, from staplers to air conditioners.Jacobson held the CEO position through 2005 and, since 2013, the non-executive chairman. With nearly 15% ownership, he is the largest shareholder.
Jacobson's parents, who married six weeks after they met, poisoned themselves in 2005 after Sid was diagnosed with cancer. They had been married 59 years.Mitchell has one sister, Marjorie Gershwind Fiverson, whose son Erik is currently the President and Chief executive at the company.
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