Uniquely leveraging all the socially responsible Blank Family of Businesses, the Foundation has thus far granted $600 million to create social, economic and environmental value for our communities while serving those in need. To celebrate the 100th anniversary of Forbes we sat with the 100 greatest living business minds, including Arthur Blank, cofounder of The Home Depot. PGA TOUR Superstore provides golf and tennis players alike with unparalleled selection, exceptional services and guaranteed low prices. Talented and ambitious, Blank quickly ascended through the ranks to assume the position of the president of Elliott's Drug Stores/Stripe Discount Stores, a division of Daylin. As a frequent philanthropist, he also practices ethical capitalism in his personal finances. He retired from the company in 2001. An error has occurred, please try again later. Working as a pharmacist, Max Blank supported his middle-class Jewish family. A measured approach to information technology can help keep your career in motion. For the best Barrons.com experience, please update to a modern browser. 2010-2023 Arthur M. Blank Family Foundation. [18][19] They announced their pending divorce on January 1, 2019.[20]. Through AMB Group LLC, he is the majority owner of Atlanta Falcons of the National Football League (NFL) and the owner of the Atlanta United FC of the Major League Soccer (MLS), which he also founded. "So, you know, I love him. "He cares deeply about giving back and making a difference in people's lives. @AltamimiHala1 This copy is for your personal, non-commercial use only. However, in February 2007, the Braves completed the sale of the team to Liberty Media. Why is that? ", The couple was initially brought together through soccer. The inaugural Atlanta Falcons Rise Up and Run 5K/Walk Like MADD took place at the Georgia Dome further evidence of what the Blank Family Foundation describes as a "year-round partnership to expand MADD's presence across Georgia" that Angela Blank has helped spearhead. That creates a very personal kind of responsibility for each employee to create that kind of environment. Born on September 27, 1942, in Sunnyside, New York, USA, Arthur Blank is one of the two sons of Max and Molly Blank. Theres great support from the military amongst the players in the NFL at every level. Today, he owns nine enterprises, a diverse portfolio that includes three Montana ranches and Americas largest golf appliances chain, PGA Tour Superstore. These dozen stories explain how a war that was supposed to end in Russian victory, and quickly, instead has turned into a slow, bloody slog. You have to earn it. Mercedes-Benz Stadium is a world-class sports and entertainment facility located in the heart of downtown Atlanta. [2] Personal Assistant for high profile New York Executives. I don't think big is necessarily the issue. @WaltonFamilyFdn The Distinguished Faculty Achievement Award, which acknowledges the . He later joined the Daylin corporation, where he rose to become president of Elliott's Drug Stores/Stripe Discount Stores, a division of Daylin. Jimmy Carter Thats the time many of them chose to do their kneeling. PGA TOUR Superstore is the PGA TOURs exclusive off-course/off-airport retail partner operating stores nationwide. After cofounding Home Depot in Atlanta, Georgia, in 1978, Blank and Marcus helped put the do-it-yourself phenomenon on the map by offering the tools for personal home renovations. Dedicate the needed resources, time and energy to creating lasting value for all customers. Sometime later, he left his job at Arthur Young to accept a position in the Daylin Corporation. Today, Blank is the Chairman of AMB Group LLC, parent company of the Atlanta Falcons and Atlanta United. He also holds the post of the chairman at The Arthur Blank Family Foundation and is a member of the Board of Trustees of Emory University. Bernard Marcus was CEO of Handy Dan and Blank was vice president of finance when both were fired in 1978 as part of an internal power struggle. In 2019, Blank paid more than $180 million for his new 240- foot yacht, DreAMBoat (AMB are his initials). Blank, 74, is said to own 34 million shares, or a 1.5% stake. [3], Arthur Blank was born to a Jewish family in Flushing, New York. @RWJF "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. This pandemic is changing from day to day. William Morrow, A community of 7,000 philanthropy professionals awaits. Language links are at the top of the page across from the title. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. one of the wealthiest owners in the National Football League, believes in good capitalism. This is the idea that a business can be run both productively and ethically, balancing its need for ever greater profits with an ingrained sense of social responsibility. @npquarterly We believe that everyone has a meaningful and important role to play, and by leading with courage and compassion, we can change the world one person, one family, one community at a time. Owner Arthur Blank acquired the Atlanta Falcons Football Club in 2002. Bayer Leverkusen has signed wing-back Arthur in a deal worth 7 million ($7.6 million) from Brazilian club America Futebol Club. In early 2006, he temporarily withdrew from contention as a potential buyer of the Atlanta Braves of Major League Baseball. Within a year, they founded The Home Depot. It had to do with our set of values.". The book, out with This weeks must-reads for the #philanthropy community, with thanks to: Thats not what this is about. After graduating from Babson Institute in 1963,[6] Blank was hired by Arthur Young and Company, where he was a senior accountant. 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. calls in his foreword, a man of the people rather thana sports oligarch on high, about personalizing a large company, societal cynicism toward the corporate world, and the late 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. @qiaozhenliu In 2012, he signed the Giving Pledge and committed to give more than half of his wealth away. In other words, support protesting, support people expressing themselves, do it non-violently, not with chaos. Argenbright Group is a privately held provider of workforce solutions in human capital-intensive industries headquartered in Atlanta, Georgia, with decades of experience in security, aviation. With her too, he has three children: Joshua Blank, Max Blank, and Kylie Blank. "I know Bernie's heart. 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. By D. Orlando Ledbetter, The Atlanta Journal-Constitution, WSB-TV Channel 2 - Atlanta facebook feed(Opens a new window), WSB-TV Channel 2 - Atlanta twitter feed(Opens a new window), WSB-TV Channel 2 - Atlanta instagram feed(Opens a new window), WSB-TV Channel 2 - Atlanta youtube feed(Opens a new window), Police: Teen accidentally kills friend, turns gun on himself, Atlanta Falcons fire all three coordinators, Target, Kroger and more: What's closed, open on New Year's Eve, New Year's Day, No. 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. @NonprofitAF 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: In 1981, Marcus, Blank and early investor Ken Langone took Home. On January 1, 2019, Blank and Macuga disclosed that they were getting a divorce. He became the CEO after Marcus stepped down. In a surprise move, Atlanta Falcons owner Arthur Blank announced Monday that Stephen Cannon, currently president and CEO of Mercedes-Benz USA, has been named the next CEO of AMB Group LLC . Blank, chairman of the foundation, co-founded The Home Depot, the world's largest home improvement retailer, in 1978 and retired from the company as co-chairman in 2001. He also owns several PGA TOUR Superstores. Harness individual differences to create a competitive advantage and better support our partners. Cherry Strategies Recognize that the well-being of business cannot be separated from the well-being of society. peakgrantmaking.org/insights/, #PEAK2023baltimore closes with a keynote panel on supporting the nonprofits of tomorrow. In 1978, they both were fired from Daylin following an internal power struggle. But he said we needed more good trouble. January 3, 2023 With a net worth of $6.9 Billion, Arthur Blank is the co-founder and owner of the home improvements store Home Depot, which he began in 1978. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Born In: Sunnyside, New York, United States, Spouse/Ex-: Angela Macuga, Stephanie Blank (m. 19952013), children: Danielle Blank, Dena Blank, Joshua Blank, Kenny Blank, Kylie Blank, Max Blank. The multi-purpose stadium is also host to marquee sports, civic and cultural events. . Its about doing the right thing. He was born on September 27, 1942. Through the foundation and his familys personal giving, Mr. Blank has granted more than $1 billion to various charitable organizations. They have three children together: Kenny Blank, Dena Blank Kimball, and Danielle Blank Thomsen. 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 care about [Smith's] humility . You may have discounted the possibility of taking on a side gig. Theyve been open for 100 years but we decided this year to close them. Anschutz Family Foundation In 2009, the league itself shut down operations and the Force, like other franchises, quickly followed suit. Through the foundation and his family's personal giving, Mr. Blank has granted more than $950 million to various charitable organizations. We have two guest ranches. Blank married his first wife, philanthropist Diana Latow, in 1966. [2], He also currently owns two professional sports teams based in Atlanta, Georgia - the Atlanta Falcons of the National Football League (NFL) and Atlanta United of Major League Soccer (MLS), the latter of which having won the 2018 MLS Cup, thus giving him an MLS Cup Championship to his credit. Those are my aspirations as well. Olivetti Otele 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. Courage in Practice: Implement better grantmaking practices and amplify your impact. @IUPhilanthropy The 2023 season will be the Atlanta Falcons' upcoming 58th in the National Football League, their seventh playing their home games at Mercedes-Benz Stadium and their third under the head coach/general manager tandem of Arthur Smith and Terry Fontenot.The Falcons will attempt to improve upon their 7-10 record from the previous year and return to the playoffs for the first time since 2017. On March 17, 2016, he revealed that the treatment had been successful and he was now cancer-free. [4] He was born to Max Blank, a pharmacist, and Molly Blank. 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 . You manage a lot of public-facing enterprises. The folks at The Story Engine are here to rescue Dungeon Masters from the tyranny of the blank page with the Deck of Worlds. Arthur Blank, one of the wealthiest owners in the National Football League, believes in good capitalism. ", 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.". That makes business decisions a lot easier., Its important to surround yourself with people who both understand and live by your core values and philosophy., Finding your passion and being yourself, and doing what you enjoy, will lead to success. Arthur Blank and Bernie Marcus cofounded Home Depot in 1978 after being fired from their jobs at a regional hardware store. Johns movie, which is out now, called Good TroubleAmerica needs some of that. "It's healthy to disagree on things, but it's not acceptable to not be kind.". This station is part of Cox Media Group Television. @BillGates Overseen by Steve Cannon, CEO of AMB Sports and Entertainment, and members of the AMBSE leadership team, the funds immediate focus will be investing in entrepreneurs who are growing technology platforms in emerging sports and entertainment, sports analytics, event operations, and fan engagement. 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. peakgrantmaking.org/resource/, Last week from PEAK Grantmaking's Twitter via Sprout Social, Our 4th #PEAK2023baltimore keynote: Creating Brave Spaces to Disrupt White Supremacy He has an older brother named Michael. Uniquely leveraging all the socially responsible Blank Family of Businesses, the Foundation has thus far granted $600 million to create social, economic and environmental value for our . Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. [21] On March 17, 2016, Blank announced that he is cancer-free following treatment.[22]. Blank's former wife of 16 years, Stephanie, filed divorce papers in Fulton County in February of 2013. In my last conversation with him, he said, Were way ahead of where we used to be, but nowhere near where we should be. He felt very optimistic about the future. Make sure you understand and know yourself, it will set you up for a happier life., Posted in We've detected you are on Internet Explorer. JoAnn Ellis is the executive assistant to the President and Director of The Arthur M. Blank Family Foundation. The Arthur M. Blank Family Foundation. By using this website, you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices. Check out PEAK's top 10 insights of 2022, our most-read posts of last year that offer inspirational calls to action, firsthand accounts of equitable relationship building, & takeaways from community confabs that resulted in new ways of approaching work. But the NFL players have a platform during the time of the game. 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. These are the top pieces of leadership advice our students took away from the discussion. When Arthur M. Blank purchased Mountain Sky Guest Ranch in 2001, it became the first company in the Blank Family of Businesses. Arthur was a student of Stuyvesant High School in New York City before enrolling at Babson College in Wellesley, Massachusetts, from where he graduated in 1963 with a Bachelor of Business Administration degree. In his recent book "Good Company," Blank outlines his approach. It was an ethic instilled in Blank during childhood, when he experienced the inner workings of his uncles New York City pharmacy. You really see through talking to him how he takes it into his own personal life. 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. peak2023.peakgrantmaking.org, About 2 weeks ago from PEAK Grantmaking's Twitter via Sprout Social, This weeks must-reads for the #philanthropy community, with thanks to: He was asked about former Atlanta Falcons quarterback and convicted animal abuser Michael Vick's future with the team. 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. He has been distinguished by Forbes as one of the World's 100 Greatest Living Business Minds 2017, Sports Business Journal's Executive of the Year 2018 and Sports Business Journal's one of the 50 Most Influential People in Sports 2016, 2017, and 2018. A Member of the Blank Family of Businesses. Theres loyalty, but this Dan Quinn thing is ridiculous. These 12 Stories Are Snapshots Of The Ukraine Wars First Year. Angela Blank was the third wife of the sports magnate and Atlanta philanthropist. The Foundation has historically invested in education, parks and greenspace, youth development and community redevelopment, and leads giving programs for each of the Blank Family of Businesses, including the Atlanta Falcons, Atlanta United, Mercedes-Benz Stadium, PGA TOUR Superstore, Mountain Sky Guest Ranch, West Creek Ranch and Paradise Valley Ranch. Atlanta United joined Major League Soccer as an expansion franchise in 2017. 2023 The Blank Family of Businesses. Blank told Business Insider that despite their political differences, their different leanings never got in the way of their ability to work together as partners or as friends. Perhaps best known as co-founder of The Home Depot, Arthur Blank is now widely recognized for his diverse businesses. He is best known for being a co-founder of the home improvement retailer The Home Depot. @VillanuevaEdgar Start with a complimentary Individual Membership and gain access to insights, tools and resources, plus our online community forum. Lynne Hoey Arthur M. Blank is a businessman and author from America. @AstraeaUpdates "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. Dr. King, Implement high quality, new processes, products, services, or solutions that meet or exceed the needs and expectation of our customers. with four future-thinking leaders: PEAK's @SatonyaFair, Trabian Shorters @JoinBMe & Lori Villarosa @RJGrantmakers, and @TristaHarris. Arthur Blank and Bernie Marcus cofounded Home Depot in 1978 after being fired from their jobs at a regional hardware store. Along with Bernard Marcus, Ron Brill, Patrick Farrah, and Kenneth Langone, he established the American home improvement supplies retailing company, The Home Depot. [8][9], In October 2020 it was announced that the new Children's Healthcare of Atlanta hospital would be named after Arthur Blank after his foundation donated $200 million to the project. @Hewlett_Found On Tuesday, April 13th, 2023, the Georgia Tech School of Electrical and Computer Engineering (ECE) held the Roger P. Webb Awards Program at the Klaus Advanced Computing Building Atrium to honor its outstanding students, staff, and faculty. John I wanted to educate my children about the dangers of underage drinking while they are still young. Its not just some big company. In 2015, she served as co-chair of the 11th annual Walk Like MADD and MADD Dash fundraising walk/run held at Kennesaw State University. AMB West in Montana includes three stunning profit and non-profit ranches that bring people together in meaningful ways. He is best known for being a co-founder of the home improvement retailer The Home Depot. peakgrantmaking.org/job-board, About 4 days ago from PEAK Grantmaking's Twitter via Sprout Social, Welcome, new PEAK Organization Members! This month, he donated $20 million toward a University of Texas institute focused on stuttering education. That includes not only them but their siblings and their parents and grandparents. Salary range begins at $155,160 per year. Arthur M. Blank (born September 27, 1942) is an American businessman. Both parties request privacy for all involved at this difficult time.. He's pictured here with CHOA's mascots Hope and Will. A global leader in entrepreneurship education, Babson offers undergraduate, graduate, and executive education programs as well as partnership opportunities. Mr. Blank, chairman of the foundation, co-founded The Home Depot, the world's largest home improvement retailer, in 1978 and retired from the company as co-chairman in 2001. 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. Falcons owner Arthur Blank made a $15 million donation on Tuesday to The Cooper Institute, run by its founder Dr. Kenneth Cooper, a friend of Blank's and a strong proponent of preventive medicine. @flphilanthropy And I think this should be addressed out of respect and out of listening.". Lewis. He is wold famous businessman and also philanthropist. The Arthur M. Blank Center for Stuttering Education and Research established last year in Austin, Texas will now expand to Atlanta with a $12.25 million grant from the Arthur M. Blank Family . Other than being a successful businessman, he is also known to be a great philanthropist. Another Home. A New York native, Blank graduated from Babson College and began his professional career at Arthur Young and Company. Listen to internal and external customers (fans, grantees, players, associates, vendors, partners, and community) to understand what they need. They were divorced in 1993. Today, Blank is as well known for his philanthropic work and advocacy as his business prowess. 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. Keep core values aligned with the businesses you run. She was not at the Falcons game against Tampa Bay on Sunday. In September 2004, he purchased Georgia Force of the Arena Football League and subsequently relocated the franchise to Atlanta from suburban Gwinnett County. Build rapport and trust by demonstrating sensitivity and respect for others. In 1993, the couple parted ways. We didn't think we could necessarily provide a safe environment despite CDC (Centers for Disease Control and Prevention) protocols and protocols of local health officials. Through the foundation. In April 2014, Arthur Blank was awarded a Major League Soccer expansion team, the Atlanta United Football Club, which recently won the MLS Cup. Blank has three children from his first wife, Diana J. Blank. When the company sold his division, he joined another division, Handy Dan Home Improvement Centers, where Bernard Marcus was the CEO at the time. Blank spent 19 years as the company's president before succeeding Marcus as CEO. In 1978, they were both sacked after they lost an internal power struggle. But their ability to shine a light on issuesuntil the point it, as John Lewis would say, causes good troublethen I think its okay. The submit button will be disabled until you complete the CAPTCHA. Atlanta Falcons owner Arthur Blank is married to Angela Macuga, his third wife.