Billionaire Profile
Mitchell Jacobson
Global Rank
#2019

Image: Public domain | via Wikimedia Commons

Mitchell Jacobson

CEO, MSC Industrial Direct Co., Inc.
US
Real-Time Net Worth
$1.7B
As of December 2025
Age
74
Source
Industrial equipment
Industry
service
Citizenship
US

Biography

Mitchell Jacobson, a 74-year-old US citizen, is a prominent figure in the industrial equipment sector. His wealth stems from his involvement in the industry, specifically with MSC Industrial Direct Co., Inc.. Jacobson's career began in 1976 at MSC Direct, an office and industrial equipment distributor founded by his father. He became CEO in 1995, a position he held until 2005, and has served as non-executive chairman since 2013. His estimated net worth is $1.7 billion, as of December 2024.

Wealth Over Time

In-Depth Profile

Early Life and Education

Mitchell Jacobson was born in 1951. He received his Bachelor of Arts/Science degree from Brandeis University and a law degree from New York University.

Rise to Success

Jacobson's career began in 1976 when he started working for MSC Direct, an office and industrial equipment distributor founded by his father, Sidney Jacobson. He took over as CEO of the Melville, N.Y.-based firm in 1995. Under his leadership, the company expanded its product offerings and distribution network. He held the CEO position through 2005 and, since 2013, has been non-executive chairman. Today, Mitchell serves as chairman of MSC Industrial Direct Co., Inc..

Key Business Strategies

Mitchell Jacobson's success is closely tied to his leadership at MSC Industrial Direct. Under Sidney Jacobson, the company transitioned to catalog sales to broaden its client base. Mitchell Jacobson then took over as CEO in 1995 and continued to expand MSC, which distributes a wide range of products.

Philanthropy

Information about Mitchell Jacobson's specific philanthropic endeavors is not readily available in the search results.

Career Milestones

1976

Joined MSC Direct

Began working for MSC Direct, an office and industrial equipment distributor founded by his father.

1995

Became CEO of MSC Direct

Took over as CEO of the Melville, N.Y.-based firm.

2013

Non-executive Chairman

Became non-executive chairman of MSC Direct.

Philanthropy & Social Impact

Unknown

Information not available

Undisclosed

Information about Mitchell Jacobson's specific philanthropic endeavors is not readily available in the search results.

Business Philosophy & Leadership

Notable Quotes

"Information not available"

Leadership Principles

Information not available

Information about Mitchell Jacobson's specific leadership principles is not readily available in the search results.

Controversies & Challenges

Information not available

Information not available

Information about Mitchell Jacobson's controversies is not readily available in the search results.