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Bernard Marcus (May 12, 1929 – November 4, 2024) was an American billionaire businessman. He co-founded Home Depot in 1978. He was the company's first CEO and first chairman until retiring in 2002. In November 2024, Forbes estimated his net worth at US$10.3 billion. [1]
Photo by Erik Lesser/Liaison. Bernie Marcus, who co-founded The Home Depot with Arthur Blank, has died at the age of 95. ... Marcus and his wife Billi were married for more than 45 years.
This is an accepted version of this page This is the latest accepted revision, reviewed on 16 February 2025. American multinational home improvement supplies retailing company The Home Depot, Inc. A Home Depot in Onalaska, Wisconsin Company type Public Traded as NYSE: HD DJIA component S&P 100 component S&P 500 component Industry Retail (home improvement) Founded February 6, 1978 ; 47 years ...
The Home Depot got its start in Atlanta, a city where Marcus was a well-known philanthropist with his wife Billi. The pair started the Marcus Autism Center at Emory University, which helps kids ...
Marcus was the CEO of Home Depot until 1997 and served as its chairman until he retired in 2002. Bank retired from Home Depot in 2001 after serving as president, CEO and co-chairman.
Marcus and Blank looked into buying Homeco, but the business had financing issues. When Homeco went out of business, they hired Farrah to help them launch Home Depot. He was offered a position as chief merchandising officer. [3] In the early 1990s, Farrah left Home Depot to pursue his own interests. He rejoined in 1996 and retired in the early ...
Marcus had dreamt of a one-stop shop for do-it-yourselfers. At age 49, Marcus, along with Blank, founded Home Depot. Investment banker Ken Langone helped to secure financing to get The Home Depot started, according to the company. The first Home Depot opened in Atlanta the following year and by 1981, the company went public and began selling stock.
Arthur Morris Blank (born September 27, 1942) is an American businessman.He is best known for being a co-founder of the home improvement retailer The Home Depot. [2]Blank owns three professional sports teams based in Atlanta, Georgia – the Atlanta Falcons of the National Football League (NFL), the Atlanta Drive of the TGL, and Atlanta United FC of Major League Soccer (MLS), the latter of ...