| Category | Information |
|---|---|
| Net Worth | $7 billion |
| Salary | N/A |
| Birthdate | September 27, 1942 |
| Birthplace | Queens borough of New York City |
| Gender | Male |
| Height | N/A |
| Profession | Businessman, Philanthropist |
| Nationality | American |
What is Arthur Blank’s Net Worth?
Arthur Blank, a businessman and philanthropist, has a net worth of $7 billion. He is considered to be one of the richest individuals in Georgia. His wealth primarily comes from co-founding the home improvement retail company, The Home Depot. In addition, Blank owns the Atlanta Falcons of the NFL and Atlanta United of the MLS. Under his ownership, Atlanta United won the 2018 MLS Cup.
Highlights
– Arthur Blank’s net worth is $7 billion.
– He co-founded The Home Depot.
– Blank is the owner of the Atlanta Falcons and Atlanta United.
– Atlanta United won the 2018 MLS Cup.
Early Life
Arthur Blank was born on September 27, 1942, in Queens borough of New York City. He attended Stuyvesant High School in Manhattan and later graduated from the private business school, the Babson Institute, in 1963.
Career
After completing his education, Blank started his career as a senior accountant for Arthur Young and Company. He then joined the Daylin corporation and rose to become the president of Elliott’s Drug Stores and Stripe Discount Stores. After a dispute with the board, Blank and CEO Bernard Marcus were fired from Handy Dan Home Improvement Centers. In 1979, they co-founded The Home Depot, which grew into a multi-billion dollar company. Blank served as the company’s president and later became the CEO.
Personal Life
Arthur Blank has been married and divorced multiple times. His first marriage was to philanthropist Diana Latow, and they have three children together. He later married Stephanie Wray, with whom he has three children. After their divorce, he married Angela Macuga. Blank owns several notable properties, including Mountain Sky Guest Ranch and West Creek Ranch.
Net Worth Over Time
Blank’s net worth has significantly increased over the years due to his success with The Home Depot and his involvement in professional sports ownership. Starting from co-founding The Home Depot in 1979, Blank and his partner Bernard Marcus became billionaires. As the owner of the Atlanta Falcons and Atlanta United, Blank’s net worth has continued to grow.
Components of Net Worth
Arthur Blank’s net worth primarily comes from his ownership stake in The Home Depot, which he co-founded. Additionally, his ownership of the Atlanta Falcons and Atlanta United contributes to his overall net worth. Furthermore, he has made significant philanthropic efforts through his charitable organizations, including The Arthur Blank Family Foundation.
Disclaimer: All net worths mentioned in this article have been calculated using data drawn from public sources. The information provided is based on estimates and may not be entirely accurate.