Arthur Blank Net Worth is$1.4 Billion
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Profession: Entrepreneur, Businessperson
Date of Birth: Sep 27, 1942
Nicknames: Arthur Blank
Ethnicity: Caucasian race
Country: United States of America
Arthur Blank net worth: Arthur Blank's net worth is $1.4 billion dollars which makes him one of the richest people in Georgia. Born in Sunnyside, New York, Arthur Blank graduated from Babson University with a degree in Business Administration and Accounting. After working as an accountant for various companies, including Arthur Young and Company and the Daylin Company, he became Vice President of Finance for the Handy Dan Improvement Centers. However, after a dispute with the board, he, and Handy Dan CEO, Bernard Marcus, were fired. The two launched The Home Depot in 1979, and the company grew to be a multi-billion dollar success. He served as the company's president until 1998, and then became CEO. He retired in 2001. He now owns both the Atlanta Falcons and the Arena Force football teams. He currently serves as Chairman, President, and CEO of AMB Group, LLC, and is the President of The Arthur Blank Family Foundation, both of which are charitable organizations.
Arthur M. Blank (born September 27, 1942, in Sunnyside, New York) is an American businessman and a co-founder of The Home Depot. Today he is known for his philanthropy and his ownership of the Atlanta Falcons in the National Football League.
Arthur Blank was born to a Jewish family, in Flushing, New York, with his father, Max, his mother, Molly, and his older brother, Michael. Blank graduated from Stuyvesant High School in New York City and went on to attend Babson College, where he graduated in 3 years in 1963 with a B.S. degree in Business Administration and accounting. He also received an honorary degree from Furman University, where the Falcons held training camp until 2005
After graduating from Babson College, Blank was hired by Arthur Young and Company, where he was a senior accountant. He later joined the Daylin Corporation, where he rose to become president of Elliott's Drug Stores/Stripe Discount Stores, a division of Daylin. When Daylin decided to sell off that division, Blank moved to another division, Handy Dan Home Improvement Centers. Bernie 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 1978, Blank co-founded Home Depot with Bernard Marcus. New York investment banker Ken Langone assembled the initial group of investors. The store revolutionized the home improvement business with its warehouse concept and Blank and Marcus became billionaires as a result. Blank spent 19 years as the company's president before succeeding Marcus as CEO. Blank retired from the company in 2001 as co-chairman.
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., who took over the team after the elder Smith's death. In September 2004, he bought the Arena Football League franchise, the Georgia Force; he moved the team back to the city of Atlanta after it had spen

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Arthur Blank Latest News

Podcast: Blank on future, Vick and his plans to fire Petrino anyway

There is no Atlanta sports figure happier today than Falcons owner Arthur Blank. His team has four straight, including Sunday’s impressive 23-16 win over the Super Bowl champion Denver Broncos, and sits at 4-1 despite an early part of the schedule that ...
Posted: October 10, 2016, 1:00 am

The American Billionaires Behind The Most Jobs

Arthur Blank and Bernard Marcus were fired from their jobs at hardware store Handy Dan in 1978 before deciding to open The Home Depot, their own competing hardware retailer, in two gigantic Atlanta, Ga warehouses. Among their first employees were their ...
Posted: October 18, 2016, 11:52 am

Those sagging TV ratings have NFL owners' attention

“The ratings thing, we can’t ignore,” Falcons owner Arthur Blank told the newspaper. And as a co-founder of The Home Depot, he is well-acquainted with customer research about consuming habits. “What’s going up? Where is the softness? How do you ...
Posted: October 19, 2016, 6:41 am
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