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Arthur Blank
Arthur M. Blank (born September 27, 1942) is an American businessman and a co-founder of the home improvement retailer The Home Depot. He also currently owns two professional sports teams based in Atlanta, Georgia - the Atlanta Falcons of the National Football League (NFL) and Atlanta United of Major League Soccer (MLS), the latter of which having won the 2018 MLS Cup, thus giving him an MLS Cup Championship to his credit. Life Arthur Blank was born to a Jewish family in Flushing, New York. He was born to Max Blank, a pharmacist, and Molly Blank. He has an older brother named Michael. Blank graduated from Stuyvesant High School in New York City. After graduating from Babson Institute in 1963, 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 anoth ...
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Flushing, Queens
Flushing is a neighborhood in the north-central portion of the New York City borough of Queens. The neighborhood is the fourth-largest central business district in New York City. Downtown Flushing is a major commercial and retail area, and the intersection of Main Street and Roosevelt Avenue at its core is the third-busiest in New York City, behind Times Square and Herald Square. Flushing was established as a settlement of New Netherland on October 10, 1645, on the eastern bank of Flushing Creek. It was named Vlissingen, after the Dutch city of Vlissingen. The English took control of New Amsterdam in 1664, and when Queens County was established in 1683, the "Town of Flushing" was one of the original five towns of Queens. In 1898, Flushing was consolidated into the City of New York. Development came in the early 20th century with the construction of bridges and public transportation. An immigrant population, composed mostly of Chinese and Koreans, settled in Flushing in the late ...
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MLS Cup
The MLS Cup is the annual championship game of Major League Soccer (MLS) and the culmination of the MLS Cup Playoffs. The game is held in November and pits the winner of the Eastern Conference Final against the winner of the Western Conference Final. The MLS Cup winner is awarded the title of league champion. MLS uses a playoff tournament following the regular season to determine its annual league champion, a method common to every other major North American sports league. This format differs from most soccer leagues around the world, which consider the club with the most points at the end of the season to be the champion; MLS honors that achievement with the Supporters' Shield. A U.S.-based team that wins the MLS Cup is awarded one of the country's four berths in the following season's CONCACAF Champions League. The three Canadian teams of MLS can only qualify for the Champions League through the Canadian Championship—if any of them should win the MLS Cup, the Champions ...
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Montana
Montana () is a state in the Mountain West division of the Western United States. It is bordered by Idaho to the west, North Dakota and South Dakota to the east, Wyoming to the south, and the Canadian provinces of Alberta, British Columbia, and Saskatchewan to the north. It is the fourth-largest state by area, the eighth-least populous state, and the third-least densely populated state. Its state capital is Helena. The western half of Montana contains numerous mountain ranges, while the eastern half is characterized by western prairie terrain and badlands, with smaller mountain ranges found throughout the state. Montana has no official nickname but several unofficial ones, most notably "Big Sky Country", "The Treasure State", "Land of the Shining Mountains", and " The Last Best Place". The economy is primarily based on agriculture, including ranching and cereal grain farming. Other significant economic resources include oil, gas, coal, mining, and lumber. The health ca ...
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Georgia (U
Georgia most commonly refers to: * Georgia (country), a country in the Caucasus region of Eurasia * Georgia (U.S. state), a state in the Southeast United States Georgia may also refer to: Places Historical states and entities * Related to the country in the Caucasus ** Kingdom of Georgia, a medieval kingdom ** Georgia within the Russian Empire ** Democratic Republic of Georgia, established following the Russian Revolution ** Georgian Soviet Socialist Republic, a constituent of the Soviet Union * Related to the US state ** Province of Georgia, one of the thirteen American colonies established by Great Britain in what became the United States ** Georgia in the American Civil War, the State of Georgia within the Confederate States of America. Other places * 359 Georgia, an asteroid * New Georgia, Solomon Islands * South Georgia and the South Sandwich Islands Canada * Georgia Street, in Vancouver, British Columbia, Canada * Strait of Georgia, British Columbia, Canada United K ...
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Billionaire
A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American business magazine ''Forbes'' produces a global list of known U.S. dollar billionaires every year and updates an Internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916. As of 2018, there are over 2,200 U.S. dollar billionaires worldwide, with a combined wealth of over US$ 9.1 trillion, up from in 2017. According to a 2017 Oxfam report, the top eight richest billionaires own as much combined wealth as "half the human race". As of 2021, eight people have reached the status of USD hectobillionaires, meaning that each has had a net worth of at least $100 billion. Current U.S. dollar billionaires According to the ''UBS/PwC Billionaires Report ...
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Pat Farrah
Patrick "Pat" Farrah is an American former retail executive who is a co-founder of Home Depot. Patrick Farrah was born and raised in Southern California. Dropping out of junior college in the first year, in 1962 he took a job at National Lumber and Supply Company in the Los Angeles Area. As the company grew into a small chain, he worked his way up from stock boy to executive vice president and general manager of National Lumber and Supply. In 1977, following a disagreement with the owners, he left the company. With a background in merchandising, Farrah in 1978 started his own big box home improvement retailer called Homeco. At the time, Bernard Marcus and Arthur Blank wanted to start a company that eventually became Home Depot. On seeing Homeco, Marcus realized that Farrah shared the same vision he had for a big box retailer. Marcus and Blank looked into buying Homeco, but the business had financing issues. When Homeco went out of business, they hired Farrah to help them launch Hom ...
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Ken Langone
Kenneth Gerard Langone Sr. KSG (born September 16, 1935) is an American billionaire businessman, investor, and philanthropist, best known for organizing financing for the founders of The Home Depot. He has been a major donor to the Republican Party. Early life Langone was born in Roslyn Heights, New York, to Italian American working-class parents. His father was a plumber and his mother a cafeteria worker. Langone's family has been described as having "a lot of love, but not a lot of money." He was a student at Bucknell University and the New York University Stern School of Business. Business career In the early 1960s, Langone began his career at a Wall Street financial services company named R.W. Pressprich, where he helped develop new business. In 1968 Langone met and persuaded Ross Perot to let Pressprich handle Electronic Data Systems's IPO. In 1969, Langone would be named Pressprich's president. In 1974, Langone formed the venture capital firm Invemed. Langone organi ...
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Investment Banker
Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of debt or equity securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities, FICC services (fixed income instruments, currencies, and commodities) or research (macroeconomic, credit or equity research). Most investment banks maintain prime brokerage and asset management departments in conjunction with their investment research businesses. As an industry, it is broken up into the Bulge Bracket (upper tier), Middle Market (mid-level businesses), and boutique marke ...
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Bernard Marcus
Bernard "Bernie" Marcus (born May 12, 1929) is an American billionaire businessman. He co-founded The Home Depot and was the company's first CEO, and chairman until retiring in 2002. Early life and education Bernard Marcus was born to Russian Jewish immigrant parents in Newark, New Jersey. He was the youngest of four children and grew up in a tenement. He graduated from South Side High School in 1947. Marcus wanted to become a doctor but could not afford the tuition. He graduated from Rutgers University with a pharmacy degree. While there he joined the Alpha Epsilon Pi fraternity. Career Marcus worked at a drugstore as a pharmacist but became more interested in the retailing side of the business. He worked at a cosmetics company and various other retail jobs, eventually reaching a position as CEO of Handy Dan Improvement Centers, a Los Angeles-based chain of home improvement stores. In 1978, both he and future Home Depot co-founder Arthur Blank were fired during a corporate ...
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Handy Dan
Handy Dan Home Improvement was an American home improvement store based out of New Jersey. It went out of business in May, 198 Bernard Marcus was CEO of Handy Dan in 1978 when he was fired along with company vice president Arthur Blank amid a corporate power struggle with Sanford C. Sigoloff, who led Handy Dan's owner at the time, Daylin Inc. Marcus and Blank went on to found Home Depot. Daylin was purchased by W. R. Grace and Company in 1979. In 1986, Grace's retail home improvement division, which included Handy Dan and Channel Home Centers, was sold to the division's executives through a leveraged buyout. Handy Dan played a major role in getting Texas's religion-based blue laws Blue laws, also known as Sunday laws, Sunday trade laws and Sunday closing laws, are laws restricting or banning certain activities on specified days, usually Sundays in the western world. The laws were adopted originally for religious reasons, ... repealed in 1984 by opening on Sunday and using ...
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Daylin
Daylin, Inc. was a major retail conglomerate (company), conglomerate based in Los Angeles and later Beverly Hills, California. Its best-known unit was Handy Dan Improvement Centers, which prefigured The Home Depot; the company also briefly owned London Drugs as well as Great Eastern, which gave rise to Linens 'n Things. Amnon Barness, an Israeli immigrant, co-founded the company in 1960 with an investment of $10,000. The company grew aggressively over the next two decades by acquiring retail operations around the United States, notably pharmacy (shop), drugstores, home improvement centers, and discount stores. By 1969, Daylin had 50 corporate divisions and subsidiaries employing around 13,000 employees. In 1973 it was reported to operate 700 stores. Handy Dan In 1968, Daylin acquired El Monte, California-based chain store, chain Angels Home Improvement Centers to add to its Handy Dan unit. Angels' founder, Sidney Kline, was hired as Daylin's chief of mergers and acquisitions. By 19 ...
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