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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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.
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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Born in Queens, New York City.
Earns a business degree from Babson College.
Appointed President and CEO of a Daylin discount drugstore chain.
Fired from Handy Dan; co-founds The Home Depot with Bernie Marcus.
Establishes the Arthur M. Blank Family Foundation.
Purchases the Atlanta Falcons NFL team.
Founds the MLS team Atlanta United FC.
Continues to serve as owner and CEO of his family of businesses, guided by core values.
Arthur Blank’s wealth is rooted in his founding equity in The Home Depot, now strategically diversified across professional sports and philanthropy.
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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).
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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“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.”
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-0.96% | -$11.95M
-0.34% | -$4.07M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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