On February 9, 2016, Blank announced that he had prostate cancer but added that it was treatable. The store was the first hardware store with a warehouse concept, making them much bigger than any of its competitors at the time. Along with Bernard Marcus, Ron Brill, Patrick Farrah, and Kenneth Langone, he established the American home improvement supplies retailing company, The Home Depot. Join in our ongoing efforts to give back through time, talents, labor and financial commitment. I worked with him for over 40 years and we shared the same bathroom for over 30 years, which is more than any of our marriages lasted," said Blank, who's currently valued by Forbes at about $6.2 billion. He is wold famous businessman and also philanthropist. Today, Blank is the Chairman of AMB Group LLC, parent company of the Atlanta Falcons and Atlanta United. Blank, who bought the Falcons in 2002, is also the co-founder of The Home Depot and head of The Arthur M. Blank Family Foundation. @BillGates While an undergraduate at Babson College in the early 1960s, he started a landscaping and laundry pick-up service to cover his expenses. Blank retired as Home Depot's co-chairman in 2001 and bought the. The book, out with William Morrow, describes how Blank incorporated such lofty principles into running Home Depot, which he co-founded in 1979, eventually turning it into a 250,000-employee . In his recent book "Good Company," Blank outlines his approach. He's pictured here with CHOA's mascots Hope and Will. Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds. Since 2001, the Blank Family have been part of the Paradise Valley community and this 9,300-acre property will respect the tradition of ranching while preserving the beautiful land for the sake of wildlife and outdoor recreation. "You care about [Smith's] humility . All Rights Reserved. On February 9, 2016, Blank disclosed that he had treatable prostate cancer. Take full advantage of our empowerment philosophy by offering suggestions, making decisions and taking responsibility for actions. Perhaps best known as co-founder of The Home Depot, Arthur Blank is now widely recognized for his diverse businesses. "It's not a red issue or a blue issue, it's about how you treat people, whether it be guests, fans, customers, associates, or shareholders in the case with HD," said Blank, whose Arthur M. Blank Family Foundation has granted over $800 million to help underserved people across the nation. Mr. Blank gave $9.5 million last year through his family foundation and his PGA Tour Superstore franchise to a program that culminated this month with a leadership summit at his West Creek Ranch . Blank was associated with The Home Depot for 19 years as its president. peakgrantmaking.org/insights/, About 3 weeks ago from PEAK Grantmaking's Twitter via Sprout Social, This weeks must-reads for the #philanthropy community, with thanks to: Demonstrate an entrepreneurial spirit that supports our culture and vision. At present, Blank serves as the chairman of AMB Group LLC, the chairman of The Arthur Blank Family Foundation, and on the Board of Trustees of Emory University. The Blank Family of Businesses; The Arthur M. Blank Family Foundation; AMB Sports + Entertainment - Atlanta Falcons - Mercedes-Benz Stadium - Atlanta United - PGA TOUR Superstore - AMBSE Ventures; AMB West - Mountain Sky Guest Ranch - West Creek Ranch - Paradise Valley Ranch NOW WATCH: We combined Trump and Biden's separate town halls so you can watch an actual debate between the presidential candidates, Visit Business Insider's homepage for more stories, according to records filed with the Federal Election Commission. 11 for Best Career Placement Among Private Schools, George Recck 82, MBA84 Appointed Paybotic Term Chair, At Babson College, Arthur Blanks Values-Based Leadership Takes Center Stage, The Blank Blueprint for the Future of Entrepreneurial Leadership, An Inspiring Book Is Having a Big Impact at Babson. @AltamimiHala1 Demonstrate non-stop reinvention. In the ensuing years, The Home Depot radically changed the home improvement business with their innovative warehouse idea. I thought of myself as a son of a queen. That socialspiritualpolitical feeling was one that I certainly related to and I understand. Chief of Staff at Arthur M. Blank Family Office Atlanta, Georgia, United States 577 followers 500+ connections Join to view profile Arthur M. Blank Family Office Kennesaw State University. [17] In June 2016, Blank married Angela Macuga (born 1968),[1][18] who had three children from a previous marriage. William Morrow and Company of HarperCollins Publishers announced on Wednesday its plans to publish . Since then, the company has become the largest home improvement retailer in the United States of America. @GIArts This month, he donated $20 million toward a University of Texas institute focused on stuttering education. You have to build it. 2010-2023 Arthur M. Blank Family Foundation. This weeks must-reads for the #philanthropy community, with thanks to: How are you balancing public health concerns with running your businesses? Along with Bernard Marcus, Ron Brill, Patrick Farrah, and Kenneth Langone, he established the American home improvement supplies retailing company, The Home Depot. Its the individuals on the front line dealing with your guests, your fans, your customers. The team is now worth $2.13 billion. Big tech companies have a major responsibility to respect the privacy of their subscribers and their users. What do you say to fans who would want to boycott the NFL over the kneeling issue? Chris Federspiel of Blackthorn.io says think again! He is popularly known as the co-founder of the company "The Home Depot." He also owns the " Atlanta Falcons" of the National Football League and "Atlanta United" of Major League Soccer. 6 on Clayton County sheriffs top 10 most wanted list arrested while picking kids up, Over 130 vehicles broken into, several guns stolen at Henry County apartment complexes, Large amounts of drugs, weapons, other contraband seized by Ga. correctional officers, Woman who said her baby died while co-sleeping now charged with murder, Ga. police say, 75-year-old Ga. woman sold house to give Facebook romance scammer $100K, police report shows. @InsidePhilanthr Creating extraordinary experiences for our customers, fans, and Associates, all of Arthur M. Blanks Family of Businesses navigate by six CORE VALUES that guide how we serve people, our communities, and our country. This station is part of Cox Media Group Television. Mercedes-Benz Stadium is a world-class sports and entertainment facility located in the heart of downtown Atlanta. Arthur Blank, one of the wealthiest owners in the National Football League, believes in good capitalism. But the NFL players have a platform during the time of the game. Can you expand on that idea a bit? But their ability to shine a light on issuesuntil the point it, as John Lewis would say, causes good troublethen I think its okay. Three Reasons Remote Work Is Not The Solution You Think It Is, The Deck Of Worlds Creates Infinite D&D Settings And More, Video: Atlanta Falcons Vice Chairman Steve Cannon Talks Leadership, Sustainability, Overseeing Mercedes-Benz. So, you know, we understood that our culture had nothing to do with which party you are affiliated with. When Arthur M. Blank purchased Mountain Sky Guest Ranch in 2001, it became the first company in the Blank Family of Businesses. "This notion of divisiveness has become, in my humble opinion, maybe, post-Civil War, probably one of the most stressful times I've ever seen in our country," he said. In September 2004, he purchased Georgia Force of the Arena Football League and subsequently relocated the franchise to Atlanta from suburban Gwinnett County. John He is also known as co-founder of The Home Depot, owner of Atlanta Falcons and Atlanta United. Its about doing the right thing. Blank spent 19 years as the company's president before succeeding Marcus as CEO. Blank owns Mountain Sky Guest Ranch and West Creek Ranch outside Yellowstone National Park in Paradise Valley, Montana. Since purchasing West Creek Ranch in 2017, Arthur M. Blank has preserved the spectacular 6,600-acre Montana property and transformed it into an inspired philanthropic space offered by invitation-only to select nonprofit partners, business partners and Associates of the Blank Family of Businesses. who was a close personal friend. @WagnerFound, PEAKs Lita Pardi reflects on her experiences in philanthropy & what funders can do to become responsive stewards of their assets, operationalize more equitable grantmaking practices, & unlock the potential to achieve long-term & sustainable impact. I wanted to educate my children about the dangers of underage drinking while they are still young. 2023 The Blank Family of Businesses. If someone is out in the desert walking around, they're going to be thirsty. https://www.thefamouspeople.com/profiles/arthur-blank-44313.php, 20th Century Film & Theater Personalities, 21st Century Film & Theater Personalities, 20th Century American Film & Theater Personalities, 21st Century American Film & Theater Personalities. But he said we needed more good trouble. Arthur M. Blank 63, H98 steps into the Grand Salon of The Arthur M. Blank Family Foundation office in Atlanta, and almost immediately, wants to hear directly from the Babson College students seated in front of him. View customer needs as golden opportunities that, when creatively addressed, will enhance our competitive edge and the environment in which we all work and professionally grow. Recognize that the well-being of business cannot be separated from the well-being of society. People respond the best, whether it be in sporting events, or a retail environment, or even a digital one, when they feel that things are personalized to them and theyre made to feel important. @VillanuevaEdgar All Rights Reserved. American businessman and sports team owner, "Angela Macuga, Arthur Blank's Wife: 5 Fast Facts You Need to Know", "Super Bowl-Bound Arthur Blank on Why Jews Score as NFL Owners", "Arthur Blank - Owner and CEO - Biography", "The Incredible List of Successful Babson College Alumni (Part 1: Undergraduates)", "Arthur M. Blank Family Foundation announces nearly $5.4 million in funding for COVID-19 relief efforts", "Arthur Blank donates $5+ million in funding for coronavirus relief efforts", "Falcons owner Arthur Blank donates $200 million to Children's Healthcare of Atlanta hospital", "Children's Healthcare of Atlanta hospital names new facility in honor of Arthur Blank", "In 2017, get ready to watch Atlanta United FC in MLS", National Parks Conservation Association: "The Visionaries - Diana J. Blank", Atlanta Business Journals: "A longtime anonymous donor reveals her identity" by Maria Saporta, Point's North magazine: "Stephanie Blank", "Arthur Blank's Wives & Family: 5 Fast Facts You Need to Know", Saporta Report: "Arthur Blank says purchasing soccer team for Atlanta is close to his heart", "Arthur Blank, wife Angela are getting a divorce", Jewish Voice New York: "Jewish Billionaires Join Group Pledging Majority of Their Wealth to Charity" by Sholom Schreiber, The Atlanta Journal Constitution: "Blank announces he is cancer free" by D. Orlando Ledbetter, Major League Soccer principal owners by team, https://en.wikipedia.org/w/index.php?title=Arthur_Blank&oldid=1150604150, Chairmen and investors of soccer clubs in the United States, Short description is different from Wikidata, Pages using infobox person with multiple spouses, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 19 April 2023, at 01:51. It's good to be different, said Blank, but he said it's the intolerance of some that worries him about the future. Arthur Blank: When we did our Home Depot training, we would tell people that the name on the door is not The Home Depot. If youre a store manager, you make believe that its your home, that its your name up there, not the Home Depots, so that you make it very personal. A New York native, Blank graduated from Babson College and began his professional career at Arthur Young and Company. In March 2020, Blank's foundation announced it would donate nearly $5.4 million to aid the coronavirus pandemic response in Georgia and Montana. Today, Blank is as well known for his philanthropic work and advocacy as his business prowess. Courage in Practice: Implement better grantmaking practices and amplify your impact. Implement high quality, new processes, products, services, or solutions that meet or exceed the needs and expectation of our customers. @WaltonFamilyFdn You may have discounted the possibility of taking on a side gig. Dr. King, In 1981, Marcus, Blank and early investor Ken Langone took Home. AMBSE Ventures, a subsidiary of AMB Sports and Entertainment, is an investment fund foundationally rooted in AMBSEs organizational core values and entrepreneurial spirit, which have driven numerous fan-friendly innovations in the industry while growing enterprise value. https://www.barrons.com/articles/20-minutes-with-home-depot-co-founder-arthur-blank-01603738659. Her bio at the Arthur M. Blank Family Foundation says that "together (she and her husband) have nine children and five grandchildren who joyfully keep them busy year-round. As part of Good Company, Good Game: Law, Ethics & Leadership in Sports Business, a new and unique weeklong course taught by Assistant Professor of Practice Leslie Garbarino in which students studied Blanks family of businesses in his home of Atlanta, a group of undergraduates had the once-in-a-lifetime opportunity to pick the brain of Blank and hear some of his most powerful advice from his years as an entrepreneurial leader. @Philanthropy He has changed so many lives by living his own core values, and now that list includes me and my students. He brought pro soccer to Atlanta with his Major League Soccer team Atlanta United FC, which started playing in March 2017. valuation et tmoignage dans des affaires judiciaires . Truck Shortages, Point-Blank Tank Battles, Dueling Artillery. In 1993, the couple parted ways. Customers there may have come for the items on their shopping listsbut they stayed for the company, Blank writes in his new book, Good Company. I dont really feel when Im going to work, that Im going to work. Our individual differences make our organization more valuable. "I know Bernie's heart. But that didnt hurt its personableness, he asserts. We have two guest ranches. The 74-year-old Blank, who Forbes estimates has an estimated net worth of $3.1 billion, is the director of Cox . Blank worked under him as the vice president of finance. Blank retired as Home Depot's co-chairman in 2001 and bought the NFL's Atlanta Falcons for $545 million in 2002 (his stake's now worth $1.8 billion). You have to make them feel that theyre accountable. @flphilanthropy Through the foundation. It was published by Crown Business in 1999. Blank's $200 million dollar gift is believed to be the largest gift to a free-standing children's hospital. The 26-year-old Brazilian midfielder and his club are at a crossroads, and havent quite been the right match for each other. Direct inquiries to: news@babson.edu A lot of that cynicism is directed toward Big Tech these days. / Privacy Policy. Both parties request privacy for all involved at this difficult time.. "And I'm not 100 years old I'm getting there, but I'm not but the things I see and deal with are just inherently not what's made this country great. Theres no question in Georgia, we were able to open up Mercedes-Benz stadium and play football and soccer. How can owners always ensure personableness in their business? @guardian Salary range begins at $155,160 per year. Sports figures attend White House State Dinner. Arthur Blank and Bernie Marcus may have found huge success with their company Home Depot, but their venture only started after they were fired from a different home improvement retailer in . Atlanta Falcon's owner Arthur Blank was a guest on Monday Night Football December 10. Arthur Blank answers that question and many more in his upcoming book titled 'Good Company'. Arthur makes it clear that the finances will follow when you do what you love." Eric Lindholm '23 "Instill a philosophy where work and life become intertwined. This week there new apps for printing QuickBooks checks, promoting your business and a reminder of the tools that TikTok provides. We will all carry this experience and what we learned from it with us for the rest of our lives.. Through the foundation and his familys personal giving, Mr. Blank has granted more than $1 billion to various charitable organizations. 2023 Forbes Media LLC. He became acquainted with his second wife, North Carolina native and Appalachian State University graduate, Stephanie Blank, when she was employed under him as a designer at a Home Depot store located in Atlanta. 781-235-1200, 2023 Babson College, All Rights Reserved. These 12 Stories Are Snapshots Of The Ukraine Wars First Year. Empower and listen to associates because they are our number-one source for information and ideas. The Arthur M. Blank Family Foundation. In 1978, they were both sacked after they lost an internal power struggle. The submit button will be disabled until you complete the CAPTCHA. Harness individual differences to create a competitive advantage and better support our partners. However, in February 2007, the Braves completed the sale of the team to Liberty Media. New York investment banker Ken Langone assembled the initial group of investors and merchandising expert Patrick Farrah helped founders realize their vision of one-stop shopping for the do-it-yourselfer. In November 2019, Paradise Valley Ranch in Montana became the latest addition to the Blank Family of Businesses. Founded in 1995, The Arthur M. Blank Family Foundation uses the power of values-based connected philanthropy to champion meaningful change that strengthens communities. You really see through talking to him how he takes it into his own personal life. JoAnn Ellis is the executive assistant to the President and Director of The Arthur M. Blank Family Foundation. @PackardFdn In 2019, Blank paid more than $180 million for his new 240- foot yacht, DreAMBoat (AMB are his initials). [21] On March 17, 2016, Blank announced that he is cancer-free following treatment.[22]. 1 school for entrepreneurship, and how theyve set their sights on creating change, bettering their communities, and putting people first, just like Blank has done throughout his illustrious entrepreneurial career as the co-founder of The Home Depot and current owner of the NFLs Atlanta Falcons and MLS Atlanta United F.C., among many other entities. Learning more about your own workforce ecosystem can lead you to wider career opportunities. Large does not have to mean impersonal.. This copy is for your personal, non-commercial use only. Falcons and Atlanta United owner Arthur Blank "was among the invited guests" at the State Dinner with President Joe Biden and South Korea's President Yoon Suk Yeol at the White . He received his MBA from Harvard. He was asked about former Atlanta Falcons quarterback and convicted animal abuser Michael Vick's future with the team. And he recently gave $250,000 to committees supporting Joe Biden, Forbes reported. You just have to ask them what they want to drink. Every one of those stores felt as much like a community as that little pharmacy on the corner of Queens, he writes. JoAnn Ellis is the executive assistant to the President and Director of The Arthur M. Blank Family Foundation. Whats Your Employers Workforce Ecosystem, And How Can You Respond To It? His core values are shown and represented through everything that he does., Instill philanthropy and giving back in all your business practices. ", She later added, "For anyone tempted to drink and drive, please realize that one irresponsible decision can last a lifetime or have a snowball effect, such as taking the life of a family member or loved one.". A community of 7,000 philanthropy professionals awaits. Located just 30 miles from Yellowstone National Park in Montanas breathtaking Paradise Valley, the 11,000-acre ranch has topped the list of upscale guest resorts in the American West. To celebrate the 100th anniversary of Forbes we sat with the 100 greatest living business minds, including Arthur Blank, cofounder of The Home Depot.
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