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Sep 18, 2023 · By investing a staggering $545 million in the NFL's Atlanta Falcons in 2002, Arthur Blank diversified his portfolio. According to Forbes, that investment has since grown to be worth an...
Jan 23, 2017 · In 2002, Blank bought the Falcons for $545 million. The team is now worth $2.13 billion. Blank also has stakes in the PGA's network of retail stores, an MLS soccer team, and the soon to be completed Mercedes Benz Stadium in Atlanta.
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 $2.2 billion). He brought pro soccer to Atlanta with his...
- Chairman
- Arthur Blank’s Early Career
- Founding The Home Depot
- Arthur Blank Becomes A Billionaire
Arthur Blank graduated from Babson College in 1963 with a Bachelor’s Degree in Business Administration. While in college, he showed the entrepreneurial spirit he is known for by starting a laundry service. After graduating, he dove right into the working world with his very first job being as an accountant at Arthur Young and Company. He became a S...
It was in the same year that they were both fired, 1978, that Arthur Blank and Bernard Marcus conceived the idea of a one-stop-shop for do-it-yourself home improvers. They made their idea into a company named The Home Depot, foundedalong with Ken Langone and Pat Farrah. Their first two stores were opened up in Atlanta, Georgia in 1979. Although it ...
The Home Depot grew in success over the years and soon became the world’s largest home improvement retailer. It helpedto empower Americans to become do-it-yourselfers. This vision also helped Arthur Blank to become a billionaire. He served as the CFO up until 1997 when Bernard Marcus retired and Blank took over as the CEO. Then in 2001, he himself ...
May 6, 2024 · When he stepped away from the top executive role at the end of 2000, Home Depot had revenue of $46 billion. Across Blank’s nearly four years leading the business, Home Depot more than doubled its revenue and tripled its stock price.
May 6, 2024 · On the business front, the team has become one of the league’s darlings. It ranks in the top quarter in revenue, according to internal league reports, and is the 15th-most valuable franchise in the NFL, according to Forbes, at $4.7 billion.
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Jul 20, 2018 · How He Made His Money: Blank co-founded Home Depot in 1978. While he retired from the company in 2001, he reportedly owns 34 million shares of the world’s largest home-improvement...
