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2252
In the world today
Mitchell Jacobson

Mitchell Jacobson

M. Jacobson
-0% | + $-0.08M
$1.77 B ₹ 16,111 Cr
Real Time Net Worth #2252 Ranking as of 21 Feb 2026 By Forbes
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More on Mitchell Jacobson

Gender

Male

Age

75Y

Country

United States

Born On

January, 1951

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited (Business)

Primary Organization

MSC Industrial Direct

Titles

Chairman

Sources of Wealth

Industrial Distribution

Industry

Manufacturing, Logistics

About Mitchell Jacobson

M itchell Jacobson is the non-executive chairman of MSC Industrial Direct, a premier distributor of metalworking and maintenance products founded by his father, Sidney Jacobson, in 1941. Mitchell joined the company in 1976 and became CEO in 1995, overseeing its transition from a catalog business into a publicly traded industrial giant with extensive e-commerce capabilities. He stepped down as CEO in 2005 but remains the company's largest shareholder and chairman, playing a key role in its strategic direction.

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Quick Reads

Early Life and Background

Mitchell Jacobson is an American businessman, the non-executive chairman of MSC Industrial Direct (NYSE: MSM), a major office and industrial equipment distributor.

Jacobson began working for the Melville, N.Y.-based firm, which was founded by his father Sidney, in 1976. The company now distributes hundreds of products, from staplers to air conditioners.

  • Core Company: MSC Industrial Direct (Office and industrial equipment distributor).
  • Family History: Father Sidney founded the company.
  • Key Role: Non-executive chairman since 2013.

Career Journey of Mitchell Jacobson

Mitchell Jacobson's career has centered on the multi-generational family business. He began working for MSC Direct in 1976 and took over as CEO in 1995, holding that position through 2005.

His structural contribution is tied to overseeing the company's growth and diversification into distributing hundreds of products. Since 2013, he has served as the non-executive chairman. He continues to maintain a significant stake, including indirect ownership through family trusts.

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Mitchell Jacobson's Timeline

1976:

Began working for MSC Direct.

1995–2005:

Served as CEO.

2013–Ongoing:

Serves as non-executive chairman.

Major Business Ventures and Investments

Mitchell Jacobson's wealth is concentrated in his substantial ownership stake and non-executive role at the publicly traded industrial distributor, MSC Industrial Direct.

  • MSC Industrial Direct (NYSE: MSM): Non-executive chairman.
  • Products: Distributes hundreds of products, ranging from staplers to air conditioners.
  • Family Legacy: Began working for the company, founded by his father, in 1976.

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Philanthropy and Social Impact

Fashion, Style, and Lifestyle

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Quotes and Philosophy

No publicly available quotes.

Fun Facts & Trivia

  • He is the non-executive chairman of MSC Industrial Direct.
  • He began working for the company, founded by his father, in 1976.
  • The company distributes hundreds of products, from staplers to air conditioners.

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Sources & References

This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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