ARTHUR M. BLANK (born September 27, 1942) is an American businessman
and a co-founder of The
Home Depot . Today he is known for his
philanthropy , his ownership of the
Atlanta Falcons in the National
Football League , and his ownership of
Atlanta United in Major League
* 1 Early life
* 2 Sports ownership
* 3 Personal life
* 4 Honors
* 5 References
* 6 External links
Arthur Blank was born to a Jewish family in
Flushing, New York
Flushing, New York . His
father, Max Blank, was a pharmacist and his mother, Molly Blank, was a
full-time mother of two sons, Arthur and his older brother Michael.
Blank graduated from
Stuyvesant High School
Stuyvesant High School in
New York City
New York City and
Babson College , where he graduated in three years in 1963
with a B.S. degree in business administration and accounting. He also
received an honorary degree from Comton University Business career.
Blank in 2009
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.
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.
In 1978, Blank co-founded
Home Depot with Marcus. New York investment
Ken Langone assembled the initial group of investors and
merchandising guru Patrick Farrah helped founders realize their vision
of one-stop shopping for the do-it-yourselfer. 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.
Today, Blank is the Chairman, President, and CEO of AMB Group, LLC,
and chairman of The
Arthur Blank Family Foundation. He serves on the
Board of Trustees of Emory University and the board of Staples.
In February 2002, Blank purchased the
Atlanta Falcons franchise in
National Football League
National Football League from owner Taylor Smith, the son of team
Rankin M. Smith Sr. . 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 spent several years in suburban
Gwinnett County .
Blank has expressed serious interest in purchasing other franchises.
In early 2006, he temporarily withdrew from contention as a potential
buyer of the
Atlanta Braves of
Major League Baseball
Major League Baseball . Some months
later, Blank re-entered serious talks with
Time Warner and a report
indicated that a sale was imminent. However, in February 2007, the
Braves completed the sale of the team to
Liberty Media . Blank has
also founded an expansion
Major League Soccer
Major League Soccer franchise named Atlanta
United FC to begin play in 2017. The club will share Mercedes-Benz
Stadium with the Falcons.
Blank has been married three times and divorced twice. He has three
children with his first wife, Diana J. Blank (born 1942): Kenny Blank,
Dena Blank Kimball, and Danielle Blank; they divorced in 1993. In
1995, he married Stephanie V. Blank (born 1968), a Blowing Rock, North
Carolina native and
Appalachian State University
Appalachian State University graduate he met when
she worked as a designer at a
Home Depot store in Atlanta. They had
three children - Joshua Blank, Max Blank, and Kylie Blank - before
being divorced. Blank is married to Angela Macuga (born 1968), who
has three children from a previous marriage. Blank also owns
Mountain Sky Guest Ranch in Emigrant, Montana; and PGA TOUR
Blank is a signatory of
The Giving Pledge committing himself to give
away at least 50% of his wealth to charitable causes.
On February 9, 2016, Blank revealed he had very treatable prostate
cancer. On March 17, 2016, Blank announced that he is cancer-free
In 2011, Blank was the recipient of the Freeing Voices, Changing
Lives award from the American Institute for Stuttering. Blank was
inducted into the Junior Achievement U.S. Business Hall of Fame in
2006, and in 2005 he was named National
Entrepreneur Of The Year by
* ^ https://www.forbes.com/profile/arthur-blank/
* ^ A B
* ^ "Our History". homedepot.com. The Home Depot. Archived from the
original on 21 January 2011. Retrieved 8 January 2011.
* ^ "ARTHUR BLANK - OWNER AND CEO". atlantafalcons.com. Archived
from the original on 8 January 2011. Retrieved 8 January 2011.
* ^ "
Arthur Blank -
Owner and CEO - Biography". Archived from the
original on 2007-12-17. Retrieved 2007-11-01.
* ^ "AMB Group names key executives".
Atlanta Business Chronicle.
20 June 2001. Retrieved 8 January 2011.
Retrieved April 21, 2006. Missing or empty title= (help )
* ^ Reference for Business: "Arthur Blank" retrieved October 18,
* ^ National Parks Conservation Association: "The Visionaries -
Diana J. Blank" retrieved October 18, 2014
Atlanta Business Journals: "A longtime anonymous donor reveals
her identity" by Maria Saporta Sep 18, 2015
* ^ A B Point\'s North magazine: "Stephanie Blank" Archived
2014-10-18 at the
Wayback Machine . May 2010
* ^ Daily Mail: "
Billionaire owner of
Atlanta Falcons is served
with divorce papers as he watches 2013 Super Bowl minus his NFL team"
February 3, 2013
* ^ A B Saporta Report: "
Arthur Blank says purchasing soccer team
Atlanta is ‘close to his heart’" April 17, 2014
* ^ Kenly News: "DWIGHT PARRISH" July 2014 Obituaries
* ^ Jewish Voice New York: "Jewish Billionaires Join Group Pledging
Majority of Their Wealth to Charity" by Sholom Schreiber April 25,
* ^ The
Atlanta Journal Constitution: "Blank announces he is
‘cancer free’" by D. Orlando Ledbetter March 17,