Arthur Blank, a well-known American businessman, is recognized for his significant achievements and immense success in various industries.
He has made a name for himself through his exceptional entrepreneurial skills and philanthropic endeavors. This article will delve into Arthur Blank Net Worth, career highlights, and personal life.
Contents
Quick Facts
| Fact | Information |
| Full Name | Arthur M. Blank |
| Popular Name | Arthur Blank |
| Gender | Male |
| Birth Date | September 27, 1942 |
| Age | 80 (as of 2023) |
| Parents | Max and Molly Blank |
| Siblings | Michael and Kenny Blank (brothers) |
| Birth Place | Sunnyside, Queens, New York, United States |
| Nationality | American |
| Ethnicity | Jewish |
| Education | Babson College (Bachelor’s in Business Admin) |
| Marital Status | Divorced |
| Sexual Orientation | Straight |
| Wife/Spouse | Angela Macuga (second marriage) |
| Children | Three children (names not disclosed) |
| Dating | Not available |
| Net Worth | $8 Billion |
| Source of Wealth | Co-founder of The Home Depot, business ventures |
| Height | Not available |
| Weight | Not available |
What is Arthur Blank Net Worth and Salary in 2023?
According to Forbes, Arthur Blank has a net worth of $8 billion. His wealth primarily comes from his co-founding of The Home Depot, which revolutionized the home improvement business with its warehouse concept.
Blank retired from The Home Depot in 2001 and went on to purchase the NFL’s Atlanta Falcons for $545 million in 2002. His stake in the team is now worth $1.8 billion.
Additionally, he owns Atlanta United, a Major League Soccer team. Blank’s diverse business ventures and successful investments have contributed to his impressive net worth.
Read More: Arnaud Lagardere Net Worth
Why is Arthur Blank Famous?
Arthur Blank is famous for his entrepreneurial success as the co-founder of The Home Depot. He is recognized for his values-based Blank Family of Businesses and is considered one of America’s leading philanthropists.
Blank’s ownership of the Atlanta Falcons and Atlanta United has also brought him fame in the world of professional sports.
His commitment to excellence and community involvement have made him a respected figure in both the business and sports industries.
Biography Overview
Early Life
Arthur Blank was born on September 27, 1942, in Flushing, New York, to Max and Molly Blank. He grew up in a Jewish family and had an older brother named Michael. Blank attended Stuyvesant High School in New York City before pursuing higher education.
Education
After graduating from high school, Blank went on to attend Babson College, where he earned his degree. He later received his MBA from Harvard, further enhancing his business acumen.
Career and Awards
Blank’s career began at Arthur Young and Company, where he worked as a senior accountant. He then joined the Daylin Corporation, rising to become the president of Elliott’s Drug Stores/Stripe Discount Stores.
After being fired from Daylin, Blank and Bernie Marcus co-founded The Home Depot in 1978. The company’s success led to Blank’s appointment as CEO and his eventual retirement as co-chairman in 2001.
In February 2007, the Braves sold their team to Liberty Media. Additionally, Arthur Blank created a new soccer team called Atlanta United FC, which started playing in 2017. Both the soccer club and the Falcons share the same stadium, called Mercedes-Benz Stadium.
Personal Life
Blank has been married three times and has children from each marriage. His first wife, Diana Blank, gave him three children: Kenny, Dena, and Danielle.
After their divorce in 1993, Blank married Stephanie V. Blank, with whom he had three children: Joshua, Max, and Kylie.
They divorced, and in 2016, Blank married Angela Macuga. However, they announced their pending divorce in 2019. Blank is known for his commitment to philanthropy and has pledged to give away at least 50% of his wealth to charitable causes.
Social Media Accounts
Arthur Blank maintains a limited presence on social media platforms, with official accounts on Instagram, Twitter, YouTube, LinkedIn, and Pinterest.
FAQs about Arthur Blank
Is Arthur Blank still involved in the day-to-day operations of The Home Depot?
No, Arthur Blank stepped down from his executive role in The Home Depot but remains active as the co-founder and a significant shareholder.
What philanthropic causes does Arthur Blank support?
Arthur’s philanthropic endeavors primarily focus on healthcare, education, and supporting underserved communities through The Arthur M. Blank Family Foundation.
How did Arthur Blank become the owner of the Atlanta Falcons and Atlanta United?
Arthur purchased the Atlanta Falcons in 2002 and became the owner of Atlanta United when the team was established in 2014.
Conclusion
Arthur Blank’s journey from co-founding The Home Depot to become a prominent sports team owner and philanthropist is a testament to his entrepreneurial spirit and commitment to making a positive impact on society.
To learn more about Arthur Blank’s business ventures and philanthropic initiatives, visit Hereofamily.
