Arthur Blank, a philanthropist, and co-founder of the Home Depot, are worth an estimated $7 billion.
Arthur, a philanthropist, and businessman who developed an empire in home decor after being fired abruptly in the 1970s had a true rags-to-riches story.
After three marriages and a struggle with prostate cancer, he is still alive and well as a billionaire.
|Net Worth||$7 billion|
|Age||80 years old|
How Much Is Arthur Blank’s Net Worth?
Arthur Blank, the CEO of the home improvement retailer The Home Depot, is expected to have a net worth of $7 billion by 2022.
He began his career as a senior accountant for Arthur Young and Company before joining the Daylin Corporation. He ascended through the ranks to become president of Elliott’s Drug Stores/Stripe Discount Stores in 1970.
Arthur Blank on his management approach: We want our employees to go home proud of what they've accomplished. pic.twitter.com/Q2DulDKu3X— Graham Bensinger (@GrahamBensinger) June 13, 2022
Daylin eventually sold the Elliot’s Stripe division, so he relocated and joined Bernie Marcus’ Handy Dan division.
In 1978, he and Marcus were sacked from their employment, opening their store three years later.
He stayed as the CEO of the Home Sport for the following two decades until his abrupt retirement in 2000, but that did not mean he stopped working.
Instead, he put his money into the NFL’s Atlanta Falcons and Major League Soccer’s Atlanta United.
Insights On Arthur Blank Early Career
Arthur Blank, an American businessman, was born on September 27, 1942, to pharmacists Max Blank and Molly Blank.
The 79-year-old grew up with his brother Michael in a Jewish home in the Flushing, New York suburbs.
Arthur Blank talks sensible gun reform https://t.co/OAEP3hXExc— SCAMS BREAKING (@BreakingScams) June 14, 2022
After graduating from Stuyvesant High School in New York City, he went to Babson Institute for his master’s degree in business.
Arthur has kept facts about his early upbringing a mystery, even refusing to write about it in his 1999 book Built From Scratch.
Despite his restrictions, he credited his father with teaching him the importance of customer service and the human element in business operations, claiming he has only fond memories.
Arthur said he was never academically inclined but had an athletically shaped body that did sports like baseball and football come naturally to him in a sliver of his life.
Indeed, in college, he blossomed when he developed an extroverted personality and was elected president of his senior class.
Arthur Blank Has A Family With His Wife
Arthur Blank has had an eventful marriage life since only a few persons can claim to have married not once but three times.
The Arthur Blank Family Foundation is set to fund the Black College Football Hall of Fame Fellowship to honor Paul Tagliabue. https://t.co/Fh8JTBRVDf— Atlanta Falcons (@AtlantaFalcons) August 7, 2021
Diana was his first wife and the mother of his three children, Kenny, Dena, and Danielle. She was there for him as he rose in his career, having moved to Giffin as the head of the Discount Store division.
They broke up in 1993, but he found love again two years later with Stephanie Wray, a designer at a Home Depot store.
Joshua Blank, Max Blank, and Kylie Blank were born within the couple’s two-decade marriage until they divorced in 2014.
After that, he was smitten by Angela Macuga, a woman with two children from prior marriages. Their wedding bliss, however, did not last long. As they called it, quit in 2019.