Home Depot Founder Net Worth (Updated 2025).
Arthur Blank and Bernie Marcus, childhood friends from New York, embarked on their entrepreneurial journey in the 1970s. After both had gained extensive experience in the home improvement industry, they saw an opportunity to revolutionize the way people shopped for home improvement products. They noticed that the market was dominated by small, independently owned stores that lacked the variety and convenience of a larger retailer. This observation led them to conceptualize a new kind of home improvement store, one that would offer a wide selection of products under one roof, providing a seamless and convenient shopping experience for customers.
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Arthur Blank’s Net Worth in 2025
As of 2025, Arthur Blank’s net worth is estimated to be around $6.8 billion, according to Forbes. This makes him one of the wealthiest people in the United States.
Career
Arthur Blank co-founded The Home Depot in 1978 with Bernie Marcus, Ron Brill, and Pat Farrah. He served as the company’s executive vice president and merchandising vice president until 1985. In 1987, he became the president and CEO, a position he held until 2001. Under his leadership, The Home Depot grew from a single store to a global home improvement retailer with over 2,000 stores.
Other Ventures
After leaving The Home Depot, Blank founded the Atlanta Falcons NFL team and the Atlanta United FC soccer team. He also owns the Mercedes-Benz Stadium in Atlanta. Additionally, he is a co-founder of the hedge fund AMBAC Group.
Assets
Blank’s assets include a majority stake in The Home Depot, the Atlanta Falcons, Atlanta United FC, and Mercedes-Benz Stadium. He also owns several properties, including a mansion in Atlanta and a ranch in Montana.
Annual Income
As of 2021, Arthur Blank’s annual income is estimated to be around $200 million, primarily from his stake in The Home Depot and his sports teams. This places him among the highest-paid individuals in the United States.
Frequently Asked Questions about Home Depot Founder
1. Who is the founder of Home Depot?
Arthur Blank and Bernard Marcus founded Home Depot in 1978.
2. When was Home Depot founded?
Home Depot was founded in 1978.
3. How did Arthur Blank and Bernard Marcus come up with the idea for Home Depot?
They noticed that the hardware store industry was fragmented and decided to create a one-stop shop for do-it-yourself customers.
4. What is Arthur Blank’s net worth?
Arthur Blank’s net worth is estimated to be around $6.6 billion.
5. What is Bernard Marcus’ net worth?
Bernard Marcus’ net worth is estimated to be around $5.3 billion.
6. How did Home Depot grow into the largest home improvement retailer in the world?
Home Depot grew through strategic expansion, acquisitions, and maintaining a strong focus on customer service and innovation.
7. What are some of the other companies that Arthur Blank and Bernard Marcus have been involved in?
After Home Depot, Arthur Blank co-founded The Home Depot Foundation and The Arthur M. Blank Family Foundation. Bernard Marcus has been involved in various philanthropic endeavors and has served on several corporate boards.
8. How many Home Depot stores are there worldwide?
As of 2021, there are over 2,300 Home Depot stores worldwide.
9. What is the total revenue of Home Depot?
In 2020, Home Depot’s total revenue was over $132 billion.
10. What are some of the challenges that Home Depot has faced over the years?
Home Depot has faced challenges such as competition, economic downturns, and changes in consumer behavior. However, the company has consistently adapted and innovated to maintain its market leadership.
