Through the foundation. The Arthur M. Blank Family Foundation. . 1 school for entrepreneurship, and how theyve set their sights on creating change, bettering their communities, and putting people first, just like Blank has done throughout his illustrious entrepreneurial career as the co-founder of The Home Depot and current owner of the NFLs Atlanta Falcons and MLS Atlanta United F.C., among many other entities. I don't think big is necessarily the issue. That makes business decisions a lot easier., Its important to surround yourself with people who both understand and live by your core values and philosophy., Finding your passion and being yourself, and doing what you enjoy, will lead to success. The 26-year-old Brazilian midfielder and his club are at a crossroads, and havent quite been the right match for each other. She was not at the Falcons game against Tampa Bay on Sunday. He is best known for being a co-founder of the home improvement retailer The Home Depot. With respect and concern for each other and their families, no further public comment will be made regarding this private family matter. He became the CEO after Marcus stepped down. He is popularly known as the co-founder of the company "The Home Depot." He also owns the " Atlanta Falcons" of the National Football League and "Atlanta United" of Major League Soccer. Arthur Blank bought the football team Atlanta Falcons from the previous owner Taylor Smith, the son of the franchise founder Rankin M. Smith Sr, in February 2002. AMBSE Ventures, a subsidiary of AMB Sports and Entertainment, is an investment fund foundationally rooted in AMBSEs organizational core values and entrepreneurial spirit, which have driven numerous fan-friendly innovations in the industry while growing enterprise value. A Member of the Blank Family of Businesses. [2] He has three children with his first wife, Diana Blank (born 1942): Kenny Blank, Dena Blank Kimball, and Danielle Blank Thomsen;[13][14] they divorced in 1993. peakgrantmaking.org/insights/, About 3 weeks ago from PEAK Grantmaking's Twitter via Sprout Social, This weeks must-reads for the #philanthropy community, with thanks to: Arthur M. Blank is a businessman based in America. "So, you know, I love him. Stay up to date with what you want to know. In 2012, Arthur Blank met Macuga while attending soccer league games in which her children and his then-15-year-old son, Joshua, played. He is wold famous businessman and also philanthropist. Another Home. The thread passing through all of his businesses, he says, is good company values, the conviction that, through the right practices, customers, shareholders, and community members can all be made equally happy. Join in our ongoing efforts to give back through time, talents, labor and financial commitment. Through the foundation and his family's personal giving, Mr. Blank has granted more than $950 million to various charitable organizations. They were divorced in 1993. On February 9, 2016, Blank disclosed that he had treatable prostate cancer. American businessman and sports team owner, "Angela Macuga, Arthur Blank's Wife: 5 Fast Facts You Need to Know", "Super Bowl-Bound Arthur Blank on Why Jews Score as NFL Owners", "Arthur Blank - Owner and CEO - Biography", "The Incredible List of Successful Babson College Alumni (Part 1: Undergraduates)", "Arthur M. Blank Family Foundation announces nearly $5.4 million in funding for COVID-19 relief efforts", "Arthur Blank donates $5+ million in funding for coronavirus relief efforts", "Falcons owner Arthur Blank donates $200 million to Children's Healthcare of Atlanta hospital", "Children's Healthcare of Atlanta hospital names new facility in honor of Arthur Blank", "In 2017, get ready to watch Atlanta United FC in MLS", National Parks Conservation Association: "The Visionaries - Diana J. Blank", Atlanta Business Journals: "A longtime anonymous donor reveals her identity" by Maria Saporta, Point's North magazine: "Stephanie Blank", "Arthur Blank's Wives & Family: 5 Fast Facts You Need to Know", Saporta Report: "Arthur Blank says purchasing soccer team for Atlanta is close to his heart", "Arthur Blank, wife Angela are getting a divorce", Jewish Voice New York: "Jewish Billionaires Join Group Pledging Majority of Their Wealth to Charity" by Sholom Schreiber, The Atlanta Journal Constitution: "Blank announces he is cancer free" by D. Orlando Ledbetter, Major League Soccer principal owners by team, https://en.wikipedia.org/w/index.php?title=Arthur_Blank&oldid=1150604150, Chairmen and investors of soccer clubs in the United States, Short description is different from Wikidata, Pages using infobox person with multiple spouses, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 19 April 2023, at 01:51. In the ensuing years, The Home Depot radically changed the home improvement business with their innovative warehouse idea. A Member of the Blank Family of Businesses. You really see through talking to him how he takes it into his own personal life. Blank, 74, is said to own 34 million shares, or a 1.5% stake. The inaugural Atlanta Falcons Rise Up and Run 5K/Walk Like MADD took place at the Georgia Dome further evidence of what the Blank Family Foundation describes as a "year-round partnership to expand MADD's presence across Georgia" that Angela Blank has helped spearhead. As part of Good Company, Good Game: Law, Ethics & Leadership in Sports Business, a new and unique weeklong course taught by Assistant Professor of Practice Leslie Garbarino in which students studied Blanks family of businesses in his home of Atlanta, a group of undergraduates had the once-in-a-lifetime opportunity to pick the brain of Blank and hear some of his most powerful advice from his years as an entrepreneurial leader. Recognize that the well-being of business cannot be separated from the well-being of society. Headquartered in Atlanta, AMB Sports + Entertainment includes the National Football League Atlanta Falcons, Major League Soccer 2018 Cup champion Atlanta United, the state-of-the-art Mercedes-Benz Stadium, and Americas largest golf retailer PGA TOUR Superstore. JoAnn Ellis is the executive assistant to the President and Director of The Arthur M. Blank Family Foundation. Arthur Blank is well known American businessman. You own all of your guests in your home, and its up to you to make them feel comfortable and appreciated. The book, out with William Morrow, describes how Blank incorporated such lofty principles into running Home Depot, which he co-founded in 1979, eventually turning it into a 250,000-employee . After graduating from Babson Institute in 1963,[6] Blank was hired by Arthur Young and Company, where he was a senior accountant. 11 for Best Career Placement Among Private Schools, George Recck 82, MBA84 Appointed Paybotic Term Chair, At Babson College, Arthur Blanks Values-Based Leadership Takes Center Stage, The Blank Blueprint for the Future of Entrepreneurial Leadership, An Inspiring Book Is Having a Big Impact at Babson. Explore new resources to put this Principle into practice. Having previously worked for Graphic Solutions Group and Boundless Network, she served as a director of the Arthur M. Blank Family Foundation, which funds numerous initiatives and grants in the areas of early childhood development, education, green space and the arts. The multi-purpose stadium is also host to marquee sports, civic and cultural events. Learning more about your own workforce ecosystem can lead you to wider career opportunities. That makes business decisions a lot easier." Ethan Glassman '24 "It's important to surround yourself with people who both understand and live by your core values and philosophy." [17] In June 2016, Blank married Angela Macuga (born 1968),[1][18] who had three children from a previous marriage. A New York native, Blank graduated from Babson College and began his professional career at Arthur Young and Company. @WaltonFamilyFdn Embracing The Blank Collar: A New Paradigm For Success In The Future Of Work, Arthur Melo: Liverpools $5 Million Soccer Enigma, Find Yourself A Side Gig, Help Your Company, And Have A More Fulfilling Career, Arthur: Leverkusen Sign Ready-Made Frimpong Replacement From Brazil, Gloat Really Wants Your Input, And That Makes Them Special. Prior to joining The Blank Family Foundation in 2006, JoAnn spent 13 years at Delta Airlines, including seven years up in the air as a flight attendant. Falcons owner Arthur Blank and Angela Blank are divorcing, The Atlanta Journal-Constitution confirmed on Tuesday. Theres loyalty, but this Dan Quinn thing is ridiculous. A mother and grandmother, JoAnn loves to cook and spends the majority of her free time with her toddler grandson. In 2014, he established the Major League Soccer franchise Atlanta United FC, which became active in the league in 2017. @IUPhilanthropy 781-235-1200, 2023 Babson College, All Rights Reserved. Often the issues that remote work is trying to fixwork-life balance, too many meetings and distractions, productivityare a reflection of ways an office environment simply needs to innovate. John People respond the best, whether it be in sporting events, or a retail environment, or even a digital one, when they feel that things are personalized to them and theyre made to feel important. Hes so confident in Babson students that in 2019, he made a historic $50 million gift to the institution to help establish its Arthur M. Blank School for Entrepreneurial Leadership. By Bob Bahr October 28, 2020, 7:22 am. Atlanta United joined Major League Soccer as an expansion franchise in 2017. NOW WATCH: We combined Trump and Biden's separate town halls so you can watch an actual debate between the presidential candidates, Visit Business Insider's homepage for more stories, according to records filed with the Federal Election Commission. He also owns several PGA TOUR Superstores. Blank spent 19 years as the company's president before succeeding Marcus as CEO. Angela Blank was by Arthur Blanks side recently during the Atlanta Uniteds victory parade. At present, Blank serves as the chairman of AMB Group LLC, the chairman of The Arthur Blank Family Foundation, and on the Board of Trustees of Emory University. Blank has been married three times and divorced twice, with a third divorce pending. The store revolutionized the home improvement business with its warehouse concept and Blank and Marcus became billionaires as a result. Mr. Blank, chairman of the foundation, co-founded The Home Depot, the world's largest home improvement retailer, in 1978 and retired from the company as co-chairman in 2001. Large does not have to mean impersonal.. Thats the time many of them chose to do their kneeling. Mr. Blank gave $9.5 million last year through his family foundation and his PGA Tour Superstore franchise to a program that culminated this month with a leadership summit at his West Creek Ranch . Its about doing the right thing. The folks at The Story Engine are here to rescue Dungeon Masters from the tyranny of the blank page with the Deck of Worlds. Their responses reflect feelings of empowerment to champion next-generation grantmaking practices. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. The Arthur M. Blank Hospital is expected to open in 2025.[10][11]. Were watching it closely and will make a decision that will be driven by the science. Blank has expressed serious interest in purchasing other franchises. Grady Jerrett, In 1978, Arthur Blank and Marcus, with the help of merchandising expert Patrick Farrah, founded The Home Depot in Marietta, Georgia, U.S.A. Investment banker Kenneth Langone gathered the initial group of investors. The Arthur M. Blank Center for Stuttering Education and Research established last year in Austin, Texas will now expand to Atlanta with a $12.25 million grant from the Arthur M. Blank Family . peak2023.peakgrantmaking.org. Value diverse ideas, experiences, skills, work styles and backgrounds. Three Reasons Remote Work Is Not The Solution You Think It Is, The Deck Of Worlds Creates Infinite D&D Settings And More, Video: Atlanta Falcons Vice Chairman Steve Cannon Talks Leadership, Sustainability, Overseeing Mercedes-Benz. It had to do with our set of values.". 231 Forest St, Babson Park, MA 02457 / Sign up for notifications from Insider! In 2015, she served as co-chair of the 11th annual Walk Like MADD and MADD Dash fundraising walk/run held at Kennesaw State University. All Rights Reserved. Since 2001, the Blank Family have been part of the Paradise Valley community and this 9,300-acre property will respect the tradition of ranching while preserving the beautiful land for the sake of wildlife and outdoor recreation. Build rapport and trust by demonstrating sensitivity and respect for others. peakgrantmaking.org/insights/, #PEAK2023baltimore closes with a keynote panel on supporting the nonprofits of tomorrow. She responded: "I am the mother of teenage children who lost their father to alcohol, and the daughter of an alcoholic father. Arthur Blank and Bernie Marcus cofounded Home Depot in 1978 after being fired from their jobs at a regional hardware store. The Foundation, where Arthur Blank is chairman of the board of directors, created the Westside Neighborhood Prosperity Fund, a $15 million long-term commitment to invest in the people and communities around Mercedes-Benz Stadium. Thats why our military fights for our rights, including the first amendment rights, to let people protest and express themselves freely. Angela Blank was the third wife of the sports magnate and Atlanta philanthropist. A global leader in entrepreneurship education, Babson offers undergraduate, graduate, and executive education programs as well as partnership opportunities. [15] In 1995, he married Stephanie V. Blank (born 1968), a Blowing Rock, North Carolina, native and Appalachian State University graduate. Founded in 1995, The Arthur M. Blank Family Foundation uses the power of values-based connected philanthropy to champion meaningful change that strengthens communities. Blank told Business Insider that despite their differences, running a company is "not a red issue or a blue issue" and is instead about sharing the same values. @WagnerFound, PEAKs Lita Pardi reflects on her experiences in philanthropy & what funders can do to become responsive stewards of their assets, operationalize more equitable grantmaking practices, & unlock the potential to achieve long-term & sustainable impact. @SEG_org The Assistant Company. / Privacy Policy. Invest time and resources in developing associates skills and assisting them in managing their careers. Perhaps best known as co-founder of The Home Depot, Arthur Blank is now widely recognized for his diverse businesses. In June 2016, Blank exchanged wedding vows with social activist and marketing executive Angela Macuga. Located just 30 miles from Yellowstone National Park in Montanas breathtaking Paradise Valley, the 11,000-acre ranch has topped the list of upscale guest resorts in the American West. Its not just some big company. You may have discounted the possibility of taking on a side gig. @AltamimiHala1 Arthur Blank earned most of his $2.3 billion fortune as co-founder of Home Depot (), notes Forbes.Recently, he signed the Giving Pledge, started by Bill Gates and Warren Buffett, to deliver much . These dozen stories explain how a war that was supposed to end in Russian victory, and quickly, instead has turned into a slow, bloody slog. This month, he donated $20 million toward a University of Texas institute focused on stuttering education. By using this website, you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices. We believe that everyone has a meaningful and important role to play, and by leading with courage and compassion, we can change the world one person, one family, one community at a time. For the best Barrons.com experience, please update to a modern browser. Since then, the company has become the largest home improvement retailer in the United States of America. Uniquely leveraging all the socially responsible Blank Family of Businesses, the Foundation has thus far granted $600 million to create social, economic and environmental value for our communities while serving those in need. Je suis Astor Lavigne, MD, psychiatre en pratique prive Paris, offrant des services de psychothrapie, de psychanalyse, d'valuation et de mdication (si ncessaire). "This notion of divisiveness has become, in my humble opinion, maybe, post-Civil War, probably one of the most stressful times I've ever seen in our country," he said. Lynne Hoey Founded in 1995, The Arthur M. Blank Family Foundation uses the power of values-based connected philanthropy to champion meaningful change that strengthens communities. Arthur Blank is committed to giving away at least half of his $6 billion personal fortune during his lifetime. You have to build it. with four future-thinking leaders: PEAK's @SatonyaFair, Trabian Shorters @JoinBMe & Lori Villarosa @RJGrantmakers, and @TristaHarris. [21] On March 17, 2016, Blank announced that he is cancer-free following treatment.[22]. Born on September 27, 1942, in Sunnyside, New York, USA, Arthur Blank is one of the two sons of Max and Molly Blank. William Morrow and Company of HarperCollins Publishers announced on Wednesday its plans to publish . Constantly seek new ways to improve results and move above and beyond what seems possible. Arthur M. Blank, co-founder of the Home Depot, was introduced to the startup life as a kid.His father launched a mail-order pharmacy business out of the one-bedroom apartment the family of four . [The stadium has since opened, with a mandatory mask mandate, among other health precautions.]. She was a student-athlete, attending on scholarship to play field hockey and lacrosse. Marcus has been an outspoken Donald Trump devotee throughout both the 2016 and 2020 elections, donating $7 million to Trump's campaign four years ago. Home Depot cofounder, Arthur Blank, is a longtime Democratic supporter and donated $250,000 to committees supporting Joe Biden between July and September in 2020, Another Home Depot cofounder, Bernie Marcus, is an. Salary range begins at $155,160 per year. It's good to be different, said Blank, but he said it's the intolerance of some that worries him about the future. Visit Our Foundation Employment Website >. Arthur makes it clear that the finances will follow when you do what you love." Eric Lindholm '23 "Instill a philosophy where work and life become intertwined. Make sure you understand and know yourself, it will set you up for a happier life., Posted in If someone is out in the desert walking around, they're going to be thirsty. Dedicate the needed resources, time and energy to creating lasting value for all customers. How can owners always ensure personableness in their business? The 74-year-old Blank, who Forbes estimates has an estimated net worth of $3.1 billion, is the director of Cox . In September 2004, he bought the Arena Football League franchise, the Georgia Force; he moved the team to the city of Atlanta after it had spent several years in suburban Gwinnett County. He is also chairman of The Arthur Blank Family Foundation,[7] and serves on the Board of Trustees of Emory University. Blank retired as Home Depot's co-chairman in 2001 and bought the NFL's Atlanta Falcons for $545 million in 2002 (his stake's now worth $1.8 billion). Chris Federspiel of Blackthorn.io says think again! But the NFL players have a platform during the time of the game. A native of Trinidad and Tobago, JoAnn graduated from the University of Maryland with a bachelors degree in International Relations/Spanish. He has been distinguished by Forbes as one of the World's 100 Greatest Living Business Minds 2017, Sports Business Journal's Executive of the Year 2018 and Sports Business Journal's one of the 50 Most Influential People in Sports 2016, 2017, and 2018. "People are coming from different places, which is okay, but it's not okay when they're disrespectful; it's not okay when they're not kind. In 1993, the couple parted ways. If they dont trust you, then its not a good situation. Home Depot cofounders Arthur Blank and Bernie Marcus have long been on separate sides of the fence when it comes to politics. A mass number of the players started to kneel primarily after the comments that the President made about being sons of bitches. As one of our players, Lewis. @PackardFdn @BillGates Direct inquiries to: news@babson.edu He also holds the post of the chairman at The Arthur Blank Family Foundation and is a member of the Board of Trustees of Emory University. This weeks must-reads for the #philanthropy community, with thanks to: Courage in Practice: Implement better grantmaking practices and amplify your impact. John Lewis, Natasha Harrison of @CBVentures1 will share a framework for creating a supportive environment to show up fully & engage more deeply in conversations that center race. 4.27.2023. Theyve been open for 100 years but we decided this year to close them. [16] They met when she worked as a designer at a Home Depot store in Atlanta. said, Ive never thought of myself as a son of a bitch. I serve on the National Committee for the NFL, which deals with social responsibility, dealing with the police brutality issue questions. Arthur Blank answers that question and many more in his upcoming book titled 'Good Company'. Anschutz Family Foundation Chief of Staff at Arthur M. Blank Family Office Atlanta, Georgia, United States 577 followers 500+ connections Join to view profile Arthur M. Blank Family Office Kennesaw State University. Blank, who is worth about $6.2 billion, per Forbes, is one of the higher donors among Biden's billionaire backers, who outnumber Trump's at 134 to 101, although more of Biden's backers have given the $2,800 personal maximum. It's our job is to serve the American people and I think we need to have more focus on that.". @BridgespanGroup Listen to internal and external customers (fans, grantees, players, associates, vendors, partners, and community) to understand what they need. Blank has also contributed to the sports book Atlanta Falcons: 50 Seasons, which was published by Skybox Press in 2016. Whats Your Employers Workforce Ecosystem, And How Can You Respond To It? In 1978, they were both sacked after they lost an internal power struggle. I worked with him for over 40 years and we shared the same bathroom for over 30 years, which is more than any of our marriages lasted," said Blank, who's currently valued by Forbes at about $6.2 billion. They were married in June of 2016. "It's not a red issue or a blue issue, it's about how you treat people, whether it be guests, fans, customers, associates, or shareholders in the case with HD," said Blank, whose Arthur M. Blank Family Foundation has granted over $800 million to help underserved people across the nation. Blank retired from the company in 2001 as co-chairman. peakgrantmaking.org/insights/, Recent PEAK GM101 alumni shared about building a learning community with their peers & how theyve been able to apply their newfound knowledge on the job. It doesn't mean we agree on everything, we don't, but that's healthy," he said. Today, he owns nine enterprises, a diverse portfolio that includes three Montana ranches and Americas largest golf appliances chain, PGA Tour Superstore. Twitter appears to be suffering a partial outage, with Twitter timelines appearing blank on the website. In living our values, we believe we can change the world one person, one family, one community at a time. Theres no question in Georgia, we were able to open up Mercedes-Benz stadium and play football and soccer. Blank and Stephanie were married from 1995 to 2013. That includes not only them but their siblings and their parents and grandparents. He later described her as "the poster child of what it means to be a soccer mom, and I mean that in a great way.". What do you say to fans who would want to boycott the NFL over the kneeling issue? And he recently gave $250,000 to committees supporting Joe Biden, Forbes reported. Her bio at the Arthur M. Blank Family Foundation says that "together (she and her husband) have nine children and five grandchildren who joyfully keep them busy year-round. 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. JoAnn also serves as liaison to the Blank Foundation board of directors. This copy is for your personal, non-commercial use only. You don't want to lose it. It won't be driven by emotions. I dont really feel when Im going to work, that Im going to work. He's pictured here with CHOA's mascots Hope and Will. But that didnt hurt its personableness, he asserts. However, in February 2007, the Braves completed the sale of the team to Liberty Media. He presently serves as the chairman of AMB Group LLC, through which he owns the Atlanta United FC and is the majority owner of the Atlanta Falcons. The most important thing that exists in many of these situations is trust. "It's healthy to disagree on things, but it's not acceptable to not be kind.". Mr. Blank, chairman of the foundation, co-founded The Home Depot, the worlds largest home improvement retailer, in 1978 and retired from the company as co-chairman in 2001. Demonstrate an entrepreneurial spirit that supports our culture and vision. Along with Bernard Marcus, Ron Brill, Patrick Farrah, and Kenneth Langone, he established the American home improvement supplies retailing company, The Home Depot. Full-time. Prior to joining The Blank Family Foundation in 2006, JoAnn spent 13 years at Delta Airlines, including seven years up in the air as a flight attendant. In 1978, Blank co-founded Home Depot with Marcus. The book, out with @DemocracyFund Some months later, Blank re-entered serious talks with Time Warner and a report indicated that a sale was imminent. But he said we needed more good trouble. Since purchasing West Creek Ranch in 2017, Arthur M. Blank has preserved the spectacular 6,600-acre Montana property and transformed it into an inspired philanthropic space offered by invitation-only to select nonprofit partners, business partners and Associates of the Blank Family of Businesses.