The founder of Home Depot established this retailing company 44 years ago in 1978. Home Depot is one of the largest home improvement retailers. So, in this post, you will get to know Home Depot’s history and its founder in short. You can keep on reading to know more about the founder of Home Depot.
Who Is The Founder Of Home Depot
The founder of Home Depot is Bernard Marcus, Arthur Blank, Ron Brill, and Patrick Farrah. All four of them established this company in Marietta, Georgia, U.S. In fact, Bernard was the first CEO and chairman of Home Depot.
About The Founder Of Home Depot
The founder of Home Depot, Bernard Marcus was born in Newark, New Jersey. He was born to Russian Jewish immigrant parents. Bernand grew up in a tenement. In fact, he got graduated from South Side High School in 1947. As a child, Marcus wanted to become a doctor. But he could afford the tuition. So, he started working for his father as a cabinet maker. Later on, he studied at Rutgers University for a pharmacy degree.
Arthur Blank, the founder of Home Depot currently owns two professional sports teams based in Atlanta, Georgia. They are the Atlanta Falcons of the National Football League and Atlanta United of Major League Soccer.
Arthur was born to a Jewish family in Flushing, New York. His parents were Max Blank and Molly Blank. Arthur even has an older brother named Michael. The founder of Home Depot got graduated from Stuyvesant High School in New York City. Blank also owns Mountain Sky Guest Ranch and West Creek Ranch in Montana.
Patrick Farrah also co-founded Home Depot along with Marcus and Blank. He was born and raised in Southern California. Earlier, he used to do a job at National Lumber and Supply Company in the Los Angeles Area. In 1978, Patrick started his own big box home improvement retailer called Homeco. When Homeco went out of business, he joined Marcus and Blank.
Ronald Brill used to work with Arthur Blank and Bernard Marcus at Handy Dan Home Improvement. All three of them were fired from the company at the same time. Later on, Ronald became a former American retail executive and co-founder of Home Depot. In fact, he was Home Depot’s first official employee. Ronald worked with Home Depot for over 20 years!
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Who Are The Owners Of Home Depot?
The owners of Home Depot are Bernard Marcus, Arthur Blank, Ron Brill, and Patrick Farrah.
Who Is The Founder And CEO Of Home Depot?
The founder and first CEO of Home Depot are Bernard Marcus.
Is Arthur Blank Still The Owner Of Home Depot?
Yes, Arthur Blank is still the owner of Home Depot.
Who Is Home Depot Billionaire?
Ken Langone is Home Depot’s billionaire.
How Many Home Depot Stores Are There?
There are about 2300 Home Depot Stores in the U.S. and Mexico.
What Does Home Depot Do?
Home Depot supplies tools, construction products, appliances, and services.
Who Is The Majority Owner Of Home Depot?
The Vanguard Group, Inc is the majority owner of Home Depot.
How Much Is Home Depot’s Founders’ Net Worth?
Home Depot’s founder Marcus’s net worth is about $5.9 billion dollars. While Blank’s net worth is about $5 billion.
Who Is Bigger Lowe’s Or Home Depot?
Difference in stores and real estate
Lowe’s stores average about 112,000 square feet of enclosed space and approximately 32,000 additional garden center areas. Home Depot alternatively has around 105,000 square feet of enclosed space and a slightly smaller garden area (24,000 square feet).
Do Seniors Get A Discount At Home Depot?
Home Depot does not give a senior discount as of 2022. You can, however, enjoy a special Home Depot discount if you are a US military veteran. In addition, you can get other Home Depot discounts by enrolling as a Pro or Pro Xtra member. Home Depot offers US military veterans a 10% discount every day.
Who Is Home Depot’s Biggest Competitor?
As the world’s first and second-largest home improvement retailers, Home Depot and Lowe’s share many similarities. They compete for a shared customer base across the U.S. and Canada.
Who Is Home Depot’s Biggest Customers?
- Home Depot has over 2,300 stores and employs about 475,000 people across North America.
- Half of US shoppers are Home Depot customers, and the store has similar customer loyalty as Costco.
- The store’s average customer is a middle-aged white man with a college degree earning over $80,000 per year.
With the help of my above article, you got to know who is the founder of Home Depot. Bernard Marcus, Arthur Blank, Ron Brill, and Patrick Farrah together founded Home Depot. Right now, they all are billionaires! Thus, that’s all you need to know about the founder of Home Depot.
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