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Arthur Blank

Arthur Blank

A. Blank
0.43% | + $47.71M
$11.12 B ₹ 1.01 Lk Cr
Real Time Net Worth #278 Ranking as of 21 Feb 2026 By Forbes

More on Arthur Blank

Gender

Male

Age

83Y

Country

United States

Born On

September, 1942

Deceased

No

Relationship Status

Divorced

Children

6

Education

Babson College - Bachelor Of Science In Business Administration

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Retail)

Primary Organization

Atlanta Falcons

Titles

Owner

Sources of Wealth

The Home Depot

Industry

Retail, Sports, Philanthropy

About Arthur Blank


A rthur Blank is an American businessman and philanthropist who co-founded The Home Depot, the world's largest home improvement retailer. In 1978, after both being fired from a regional hardware store chain, Blank and his partner, Bernie Marcus, conceived the idea for a new kind of hardware superstore. They envisioned massive warehouses offering a huge selection of products at low prices, staffed by knowledgeable employees. This vision became The Home Depot.

The company grew at a meteoric pace, revolutionizing the retail landscape and becoming an American icon. Blank served as the company's president and later as its CEO. After retiring from The Home Depot in 2001, he purchased the Atlanta Falcons NFL team. He has since become a prominent figure in the sports world, also owning the Atlanta United FC of Major League Soccer. He is a renowned philanthropist, having signed the Giving Pledge and committing the majority of his wealth to charitable causes through the Arthur M. Blank Family Foundation.

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Quick Reads


  • Co-founder of the retail giant The Home Depot.
  • Served as the company's President and CEO.
  • Owner of the NFL's Atlanta Falcons and MLS's Atlanta United FC.
  • A signatory of the Giving Pledge, dedicated to philanthropy.
  • He and partner Bernie Marcus were fired from their jobs before starting The Home Depot.

Early Life and Background


Born in Queens, New York City, in 1942, Arthur M. Blank is a self-made American billionaire, the co-founder of The Home Depot, and the owner of the Atlanta Falcons (NFL). His early life was grounded in business and accounting: he earned a business degree from Babson College in Massachusetts in 1963. He spent his early career working at an accounting firm before joining his father’s small pharmaceutical company.

His career took a new direction when the family business was acquired by Daylin in 1968, which owned the Handy Dan home improvement chain. Blank moved to the South, quickly rising to President and CEO of Daylin's discount drugstore chain in 1972. This period was crucial: he met Bernie Marcus at Handy Dan, a fellow executive with whom he shared a vision for a revolutionary retail concept, a partnership forged in corporate adversity.

Career Journey of Arthur Blank


Arthur Blank’s defining entrepreneurial act came in 1978. After he and Bernie Marcus were both fired from Handy Dan, they merged their assets and a shared frustration with the existing retail model to found The Home Depot. Their vision was radical: creating massive home-improvement warehouses, larger than any competitor's, filled with a vast array of products and staffed by knowledgeable, customer-service experts—a combination the market desperately lacked.

The Home Depot's aggressive growth redefined retail, making Blank a multi-billionaire. After retiring from The Home Depot in 2001, Blank transitioned to his next major mission: sports and philanthropy. In 2002, he purchased the Atlanta Falcons NFL team, committing to transforming the franchise's talent, community role, and fan experience. He later founded the MLS team Atlanta United FC. Blank’s career is a unique blend of retail revolution, sports ownership, and deeply committed community leadership, guided by a core set of values applied to all his ventures.

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Arthur Blank's Timeline


1942:

Born in Queens, New York City.

1963:

Earns a business degree from Babson College.

1972:

Appointed President and CEO of a Daylin discount drugstore chain.

1978:

Fired from Handy Dan; co-founds The Home Depot with Bernie Marcus.

1995:

Establishes the Arthur M. Blank Family Foundation.

2002:

Purchases the Atlanta Falcons NFL team.

2014:

Founds the MLS team Atlanta United FC.

Ongoing:

Continues to serve as owner and CEO of his family of businesses, guided by core values.

Major Business Ventures and Investments


Arthur Blank’s wealth is rooted in his founding equity in The Home Depot, now strategically diversified across professional sports and philanthropy.

  • The Home Depot (Co-founder & Former Executive): The foundational asset, the world's largest home improvement retailer. The company's unique warehouse concept and customer service model generated his fortune.
  • Atlanta Falcons (Owner & CEO): The crown jewel of his current portfolio, the NFL franchise he purchased in 2002, which operates under his core values.
  • Atlanta United FC (Owner): The Major League Soccer (MLS) team, a successful investment that expanded his influence in Atlanta sports.
  • Arthur M. Blank Family Foundation: A major philanthropic vehicle that manages hundreds of millions in committed grants.
  • Mercedes-Benz Stadium: A major infrastructure asset he financed for his teams, reflecting his commitment to world-class sports facilities.

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Philanthropy and Social Impact


Arthur Blank is a world-renowned philanthropist, whose giving is structured under the Arthur M. Blank Family Foundation (established in 1995). His philanthropy has granted over $250 million to support five core areas, all run based on a common set of core values (e.g., treating people with respect).

  • Core Focus: Early childhood development, education, the arts, and parks/greenspace in the Atlanta area.
  • Sports Philanthropy: His ownership of the Falcons and United FC is tied to the Atlanta Falcons Youth Foundation, which has donated millions to community non-profits, using the team's platform for social good.
  • Civic Infrastructure: Blank financed the Mercedes-Benz Stadium, a state-of-the-art facility that is a major architectural and civic landmark for the city of Atlanta.

Fashion, Style, and Lifestyle


Arthur Blank projects the approachable, disciplined style of a dedicated Southern CEO and team owner. His attire is typically professional, favoring tailored suits or polished sports coats for games and corporate events, often paired with an official team accessory. His aesthetic reflects a blend of corporate gravitas and enthusiastic sports patronage.

His lifestyle is centered in Atlanta, Georgia, where he is a central figure in business, sports, and philanthropy. His luxury is expressed through the ownership of championship-level teams and the ability to finance and build massive civic assets like the Mercedes-Benz Stadium. His wealth funds a life of active community engagement and is guided by a commitment to core values—a unique expression of billionaire affluence in the modern era.

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Quotes and Philosophy


“All of my businesses are run based on a common set of core values.”

“The business side of owning a team is taking care of the fans, the customers, and the community.”

“If you don't find the time, if you don't do the work, you don't get the results.”

Fun Facts & Trivia


  • He co-founded The Home Depot after he and his partner were fired from their previous company.
  • He is the owner of the Atlanta Falcons (NFL) and Atlanta United FC (MLS).
  • He financed the multi-billion dollar Mercedes-Benz Stadium in Atlanta.
  • He earned his first business degree from Babson College.
  • His philanthropy is guided by a published set of core business values applied to all his ventures.
  • His foundation has committed over $250 million to philanthropy, with a focus on early childhood education.
  • He and his partner, Bernie Marcus, envisioned a home-improvement warehouse staffed by customer-service experts.

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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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