[12] The club shares Mercedes-Benz Stadium with the Falcons. Johns movie, which is out now, called Good TroubleAmerica needs some of that. 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. A New York native, Blank graduated from Babson College and began his professional career at Arthur Young and Company. So, you know, we understood that our culture had nothing to do with which party you are affiliated with. Website by. A Member of the Blank Family of Businesses. 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. Blank was engaged to Angela Macuga in 2014. The pair always strove to create a work environment that put people before politics, said Blank. JoAnn also serves as liaison to the Blank Foundation board of directors. Blank owns Mountain Sky Guest Ranch and West Creek Ranch outside Yellowstone National Park in Paradise Valley, Montana. Campus & Community, Tagged Entrepreneurial Leadership, Advice, Alumni, Leadership, Undergraduate. You really see through talking to him how he takes it into his own personal life. Prior to joining The Blank Family Foundation in 2006, JoAnn spent 13 years at Delta Airlines, including seven years up in the air as a flight attendant. In 2012, he signed the Giving Pledge and committed to give more than half of his wealth away. peakgrantmaking.org/job-board, About 4 days ago from PEAK Grantmaking's Twitter via Sprout Social, Welcome, new PEAK Organization Members! [4] He was born to Max Blank, a pharmacist, and Molly Blank. Home Depot cofounders Arthur Blank and Bernie Marcus have long been on separate sides of the fence when it comes to politics. Having previously worked for Graphic Solutions Group and Boundless Network, she served as a director of the Arthur M. Blank Family Foundation, which funds numerous initiatives and grants in the areas of early childhood development, education, green space and the arts. How are you balancing public health concerns with running your businesses? Angela Blank was by Arthur Blanks side recently during the Atlanta Uniteds victory parade. 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. Within a year, they founded The Home Depot. All Rights Reserved. Ron Brill was the companys first employee. PGA TOUR Superstore provides golf and tennis players alike with unparalleled selection, exceptional services and guaranteed low prices. who was a close personal friend. 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. 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. Hes so confident in Babson students that in 2019, he made a historic $50 million gift to the institution to help establish its Arthur M. Blank School for Entrepreneurial Leadership. Its Now Easier To Print QuickBooks Checks On Blank PaperAnd Other Small Business Tech News This Week, FC Barcelona Reportedly Interested In Signing Brazil U20 Star Arthur From America-MG, Despite 4th Quarter Meltdowns By Atlanta Falcons, Arthur Blank Has Good Reason For Not Firing Dan Quinn, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. 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. AMB West in Montana includes three stunning profit and non-profit ranches that bring people together in meaningful ways. 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 . "So, you know, I love him. That includes not only them but their siblings and their parents and grandparents. And he recently gave $250,000 to committees supporting Joe Biden, Forbes reported. Blank graduated from college in three years. In 2009, the league itself shut down operations and the Force, like other franchises, quickly followed suit. In 2012, Arthur Blank met Macuga while attending soccer league games in which her children and his then-15-year-old son, Joshua, played. @InsidePhilanthr Earn trust and keep trust. In 1978, Arthur Blank and Marcus, with the help of merchandising expert Patrick Farrah, founded The Home Depot in Marietta, Georgia, U.S.A. Investment banker Kenneth Langone gathered the initial group of investors. @AltamimiHala1 Arthur M. Blank School for Entrepreneurial Leadership, Why Miami Is Emerging as a Top 5 Entrepreneurial City, Babson Ranked No. "You care about [Smith's] humility . peakgrantmaking.org/resource/, Last week from PEAK Grantmaking's Twitter via Sprout Social, Our 4th #PEAK2023baltimore keynote: Creating Brave Spaces to Disrupt White Supremacy Though the 78-year-old who's now the owner of the Atlanta Falcons NFL team was aware of their political differences, he said it never had any bearing on their shared values. When the company sold his division, he joined another division, Handy Dan Home Improvement Centers, where Bernard Marcus was the CEO at the time. This station is part of Cox Media Group Television. If someone is out in the desert walking around, they're going to be thirsty. Anschutz Family Foundation 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. [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. Blank worked under him as the vice president of finance. In June 2016, Blank exchanged wedding vows with social activist and marketing executive Angela Macuga. Home Depot cofounder, Arthur Blank, is a longtime Democratic supporter and donated $250,000 to committees supporting Joe Biden between July and September in 2020, Another Home Depot cofounder, Bernie Marcus, is an. In 1978, Blank co-founded Home Depot with Marcus. They were married in June of 2016. Value diverse ideas, experiences, skills, work styles and backgrounds. The Arthur M. Blank Family Foundation. Learn about careers at Cox Media Group. "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. He is also chairman of The Arthur Blank Family Foundation,[7] and serves on the Board of Trustees of Emory University. Join in our ongoing efforts to give back through time, talents, labor and financial commitment. Often the issues that remote work is trying to fixwork-life balance, too many meetings and distractions, productivityare a reflection of ways an office environment simply needs to innovate. Natasha Harrison of @CBVentures1 will share a framework for creating a supportive environment to show up fully & engage more deeply in conversations that center race. Language links are at the top of the page across from the title. Arthur Blank is well known American businessman. 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. This copy is for your personal, non-commercial use only. 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 . 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. Speaking with Mr. Blank helped students see the importance of defining their own core values and standing by them, even when that may be challenging. 2010-2023 Arthur M. Blank Family Foundation. Mr. Blank, chairman of the foundation, co-founded The Home Depot, the worlds largest home improvement retailer, in 1978 and retired from the company as co-chairman in 2001. Direct inquiries to: news@babson.edu When he graduated, he stayed on as a graduate assistant, which was his first real taste of coaching. In 1978, they were both sacked after they lost an internal power struggle. Demonstrate understanding that people are the center, the heartbeat of a successful enterprise. @Philanthropy Operating approximately 27,000 acres in Paradise Valley bordered by the entrance to Yellowstone National Park, the Yellowstone River, and Gallatin National Forest, AMB West is committed to serve and conserve by thus far granting $8 million in Montana-focused efforts on early childhood development, health and wellness including suicide prevention, and conservation of the lands natural beauty for current and future generations to enjoy. Dr. King, Blank has also founded an expansion Major League Soccer franchise named Atlanta United FC that began play in 2017. John Lewis, 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. "I think one of the things that is wrong with America today that we can work on and become better at is that we need to become better listeners to each other and we need to be better about understanding where people are coming from," Blank said. Falcons owner Arthur Blank and Angela Blank are divorcing, The Atlanta Journal-Constitution confirmed on Tuesday. Our individual differences make our organization more valuable. "I know Bernie's heart. In 2019, Blank paid more than $180 million for his new 240- foot yacht, DreAMBoat (AMB are his initials). That creates a very personal kind of responsibility for each employee to create that kind of environment. In 2002, Blank bought the Falcons for $545 million. 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 . 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. Blank and Stephanie were married from 1995 to 2013. 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. Arthur Blank, one of the wealthiest owners in the National Football League, believes in good capitalism. 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. The store revolutionized the home improvement business with its warehouse concept and Blank and Marcus became billionaires as a result. And I think this should be addressed out of respect and out of listening.". In other words, support protesting, support people expressing themselves, do it non-violently, not with chaos. Blank, 74, is said to own 34 million shares, or a 1.5% stake. On February 9, 2016, Blank disclosed that he had treatable prostate cancer. 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. [21] On March 17, 2016, Blank announced that he is cancer-free following treatment.[22]. 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. Arthur M. Blank (born September 27, 1942) is an American businessman. Build rapport and trust by demonstrating sensitivity and respect for others. 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. 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). "He cares deeply about giving back and making a difference in people's lives. In his recent book "Good Company," Blank outlines his approach. 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. Whats Your Employers Workforce Ecosystem, And How Can You Respond To It? Blank retired from the company in 2001 as co-chairman. His brothers name is Michael. Mercedes-Benz Stadium is a world-class sports and entertainment facility located in the heart of downtown Atlanta. Blank has expressed serious interest in purchasing other franchises. ", 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.". He is wold famous businessman and also philanthropist. 231 Forest St, Babson Park, MA 02457 / Chris Federspiel of Blackthorn.io says think again! Arthur Blank co-wrote the non-fiction book Built from Scratch: How a Couple of Regular Guys Grew the Home Depot from Nothing to $30 Billion with Marcus and writer Bob Andelman. 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. The Distinguished Faculty Achievement Award, which acknowledges the . An error has occurred, please try again later. Blank told Business Insider that despite their differences, running a company is "not a red issue or a blue issue" and is instead about sharing the same values. [2] It was published by Crown Business in 1999. 2023 Forbes Media LLC. Arthur M. Blank (born September 27, 1942) is an American businessman. The most important thing that exists in many of these situations is trust. Along with Bernard Marcus, Ron Brill, Patrick Farrah, and Kenneth Langone, he established the American home improvement supplies retailing company, The Home Depot. In 2007, he published Choices in Palliative Care through Springer-Verlag New York, LLC. @WaltonFamilyFdn JoAnn Ellis is the executive assistant to the President and Director of The Arthur M. Blank Family Foundation. 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. I don't think big is necessarily the issue. Empower and listen to associates because they are our number-one source for information and ideas. Constantly seek new ways to improve results and move above and beyond what seems possible. Lynne Hoey He retired from the company in 2001. We have two guest ranches. This copy is for your personal, non-commercial use only. A native of Trinidad and Tobago, JoAnn graduated from the University of Maryland with a bachelors degree in International Relations/Spanish. As a frequent philanthropist, he also practices ethical capitalism in his personal finances. 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. @npquarterly After graduating from Babson College, Blank joined Arthur Young and Company as a senior accountant. In 1995, he formed The Arthur M. Blank Family Foundation, dedicated to fostering innovative solutions that enable young people, families and communities to achieve results beyond what seems possible today. To celebrate the 100th anniversary of Forbes we sat with the 100 greatest living business minds, including Arthur Blank, cofounder of The Home Depot. 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 . Blank retired as Home Depot's co-chairman in 2001 and bought the. Implement high quality, new processes, products, services, or solutions that meet or exceed the needs and expectation of our customers. @qiaozhenliu Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds. Grady Jerrett, 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. Andrew Spector 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. . Arthur M. Blank is a businessman based in America. Encourage others to accept and capitalize on diversity. John https://www.barrons.com/articles/20-minutes-with-home-depot-co-founder-arthur-blank-01603738659. @RWJF In 1978, Arthur Blank and his cofounders launched what would become the world's largest home improvement retailer: Home Depot. Invest time and resources in developing associates skills and assisting them in managing their careers. reCAPTCHA helps prevent automated form spam. Arthur makes it clear that the finances will follow when you do what you love., Instill a philosophy where work and life become intertwined. He has an older brother named Michael. This is what he said: "There's a lot of roadblocks to Michael coming back and even playing in the National Football League, Tony. Je suis Astor Lavigne, MD, psychiatre en pratique prive Paris, offrant des services de psychothrapie, de psychanalyse, d'valuation et de mdication (si ncessaire). This weeks must-reads for the #philanthropy community, with thanks to: 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: Blank was associated with The Home Depot for 19 years as its president. New York, NY 10019 (Midtown area) 57 Street/Sixth Av. ATLUTD has quickly emerged as a world-class club, capturing the 2018 MLS Cup in just its second season and creating an unparalleled fanbase responsible for breaking multiple league records for season ticket sales, single-game attendance and merchandise sales. with four future-thinking leaders: PEAK's @SatonyaFair, Trabian Shorters @JoinBMe & Lori Villarosa @RJGrantmakers, and @TristaHarris. [The stadium has since opened, with a mandatory mask mandate, among other health precautions.]. In August 2017, both of Blanks' teams moved into their new $1.5 billion home, Mercedes-Benz Stadium, which hosted the 2019 Super Bowl. [16] They met when she worked as a designer at a Home Depot store in Atlanta. But their ability to shine a light on issuesuntil the point it, as John Lewis would say, causes good troublethen I think its okay. Can you expand on that idea a bit? She was not at the Falcons game against Tampa Bay on Sunday. A Member of the Blank Family of Businesses. 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. In February 2002, Blank purchased the Atlanta Falcons franchise in the National Football League from owner Taylor Smith, the son of team founder Rankin M. Smith Sr. @NonprofitAF 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. I wanted to educate my children about the dangers of underage drinking while they are still young. Blank, who is worth about $6.2 billion, per Forbes, is one of the higher donors among Biden's billionaire backers, who outnumber Trump's at 134 to 101, although more of Biden's backers have given the $2,800 personal maximum. In living our values, we believe we can change the world one person, one family, one community at a time. We've detected you are on Internet Explorer. By Bob Bahr October 28, 2020, 7:22 am. He was born on September 27, 1942. Headquartered in Atlanta, AMB Sports + Entertainment includes the National Football League Atlanta Falcons, Major League Soccer 2018 Cup champion Atlanta United, the state-of-the-art Mercedes-Benz Stadium, and Americas largest golf retailer PGA TOUR Superstore. Arthur Blank, Thats not what this is about. Were watching it closely and will make a decision that will be driven by the science. Arthur Blank is committed to giving away at least half of his $6 billion personal fortune during his lifetime. You have to make them feel that theyre accountable. 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 . In November 2019, Paradise Valley Ranch in Montana became the latest addition to the Blank Family of Businesses. @zfforg Today, Blank is as well known for his philanthropic work and advocacy as his business prowess. 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. $100,000 - $115,000 a year. While an undergraduate at Babson College in the early 1960s, he started a landscaping and laundry pick-up service to cover his expenses. @PackardFdn The Foundation, where Arthur Blank is chairman of the board of directors, created the Westside Neighborhood Prosperity Fund, a $15 million long-term commitment to invest in the people and communities around Mercedes-Benz Stadium. @SEG_org In September 2004, he purchased Georgia Force of the Arena Football League and subsequently relocated the franchise to Atlanta from suburban Gwinnett County. Personal Assistant for high profile New York Executives. In 1981, Marcus, Blank and early investor Ken Langone took Home. Demonstrate non-stop reinvention. He has changed so many lives by living his own core values, and now that list includes me and my students. Copyright 2023 Dow Jones & Company, Inc. 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. @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. @GatesNotes Subscribe to receive the latest news and stories from Babson Thought & Action right in your inbox. The Arthur M. Blank Hospital is expected to open in 2025.[10][11]. In an interview she did with MADD in September 2015, she was asked about her motivation for getting involved with the organization. 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. Out of proportion to their numbers, men and women of color have served in the military in greater proportions than any other group has. Embracing The Blank Collar: A New Paradigm For Success In The Future Of Work, Arthur Melo: Liverpools $5 Million Soccer Enigma, Find Yourself A Side Gig, Help Your Company, And Have A More Fulfilling Career, Arthur: Leverkusen Sign Ready-Made Frimpong Replacement From Brazil, Gloat Really Wants Your Input, And That Makes Them Special. After graduating from Babson Institute in 1963,[6] Blank was hired by Arthur Young and Company, where he was a senior accountant. 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 . A mother and grandmother, JoAnn loves to cook and spends the majority of her free time with her toddler grandson. In April 2014, Arthur Blank was awarded a Major League Soccer expansion team, the Atlanta United Football Club, which recently won the MLS Cup. The event recognized over 50 students, five staff members, and four faculty members. 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. I understand that, but I respect it," said Blank.