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Arthur M. Blank 63, H98 and Babson College students meet at The Arthur M. Blank Family Foundation in Atlanta. Speaking with Mr. Blank helped students see the importance of defining their own core values and standing by them, even when that may be challenging. It doesn't mean we agree on everything, we don't, but that's healthy," he said. [8][9], In October 2020 it was announced that the new Children's Healthcare of Atlanta hospital would be named after Arthur Blank after his foundation donated $200 million to the project. Theres no question in Georgia, we were able to open up Mercedes-Benz stadium and play football and soccer. Stay up to date with what you want to know. Within a year, they founded The Home Depot. A New York native, Blank graduated from Babson College and began his professional career at Arthur Young and Company. 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. [2], 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. who was a close personal friend. You just have to ask them what they want to drink. In early 2006, he temporarily withdrew from contention as a potential buyer of the Atlanta Braves of Major League Baseball. reCAPTCHA helps prevent automated form spam. 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.". William Morrow, Video. The multi-purpose stadium is also host to marquee sports, civic and cultural events. Steve Cannon, the vice chairman of AMB Sports + Entertainment, talks with Forbes senior writer Jabari Young. PENTA: Its not size that makes a difference, its attitude, you write. So, you know, we understood that our culture had nothing to do with which party you are affiliated with. Listen to internal and external customers (fans, grantees, players, associates, vendors, partners, and community) to understand what they need. 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. Earn trust and keep trust. This copy is for your personal, non-commercial use only. @GatesNotes Blank graduated from Stuyvesant High School in New York City.[5]. said, Ive never thought of myself as a son of a bitch. Andrew Spector 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. Recognize that the well-being of business cannot be separated from the well-being of society. This pandemic is changing from day to day. @DemocracyFund 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. She responded: "I am the mother of teenage children who lost their father to alcohol, and the daughter of an alcoholic father. The blank collar is a transformative force that can reshape our understanding of work. Make sure you understand and know yourself, it will set you up for a happier life., Posted in That was a key thing for Falcons owner Arthur Blank. 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. Learn about careers at Cox Media Group. On January 1, 2019, Blank and Macuga disclosed that they were getting a divorce. Blank and Stephanie were married from 1995 to 2013. Large does not have to mean impersonal.. @PackardFdn On February 9, 2016, Blank disclosed that he had treatable prostate cancer. It's good to be different, said Blank, but he said it's the intolerance of some that worries him about the future. You have to make them feel that theyre accountable. We just lost a great American disciple of If they dont trust you, then its not a good situation. To celebrate the 100th anniversary of Forbes we sat with the 100 greatest living business minds, including Arthur Blank, cofounder of The Home Depot. He is also known as co-founder of The Home Depot, owner of Atlanta Falcons and Atlanta United. Out of proportion to their numbers, men and women of color have served in the military in greater proportions than any other group has. @InsidePhilanthr A New York native, Blank graduated from Babson College and began his professional career at Arthur Young and Company. Join in our ongoing efforts to give back through time, talents, labor and financial commitment. That creates a very personal kind of responsibility for each employee to create that kind of environment. As early as you can, find those things that inspire you., I am incredibly grateful to Mr. Blank for his generosity with both his time and the access he gave us to study the Blank Family of Businesses, Garbarino said following the talk. The Distinguished Faculty Achievement Award, which acknowledges the . "I think one of the things that is wrong with America today that we can work on and become better at is that we need to become better listeners to each other and we need to be better about understanding where people are coming from," Blank said. But that didnt hurt its personableness, he asserts. This is what he said: "There's a lot of roadblocks to Michael coming back and even playing in the National Football League, Tony. It had to do with our set of values.". After graduating from Babson College, Blank joined Arthur Young and Company as a senior accountant. And he recently gave $250,000 to committees supporting Joe Biden, Forbes reported. View customer needs as golden opportunities that, when creatively addressed, will enhance our competitive edge and the environment in which we all work and professionally grow. 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. Mercedes-Benz Stadium is a world-class sports and entertainment facility located in the heart of downtown Atlanta. She was a student-athlete, attending on scholarship to play field hockey and lacrosse. The store was the first hardware store with a warehouse concept, making them much bigger than any of its competitors at the time. "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. 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. By using this website, you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices. Today, he owns nine enterprises, a diverse portfolio that includes three Montana ranches and Americas largest golf appliances chain, PGA Tour Superstore. These are the top pieces of leadership advice our students took away from the discussion. In April 2014, Arthur Blank was awarded a Major League Soccer expansion team, the Atlanta United Football Club, which recently won the MLS Cup. "You care about [Smith's] humility . 2023 Forbes Media LLC. 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. [2] A Member of the Blank Family of Businesses. 2023 Cox Media Group. [The stadium has since opened, with a mandatory mask mandate, among other health precautions.]. That said, I know exactly why Atlanta Falcons owner Arthur Blank hasn't fired Quinn as his head coach after blowing huge fourth-quarter leads in consecutive weeks. If you follow your passion, youre going to be happier and more successful, Blank told the group. 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. After cofounding Home Depot in Atlanta, Georgia, in 1978, Blank and Marcus helped put the do-it-yourself phenomenon on the map by offering the tools for personal home renovations. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. They have three children together: Kenny Blank, Dena Blank Kimball, and Danielle Blank Thomsen. https://www.barrons.com/articles/20-minutes-with-home-depot-co-founder-arthur-blank-01603738659. Start with a complimentary Individual Membership and gain access to insights, tools and resources, plus our online community forum. We didn't think we could necessarily provide a safe environment despite CDC (Centers for Disease Control and Prevention) protocols and protocols of local health officials. Jimmy Carter 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. [15] In 1995, he married Stephanie V. Blank (born 1968), a Blowing Rock, North Carolina, native and Appalachian State University graduate. 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. The Assistant Company. Blank also has stakes in the PGA's network of retail stores, an MLS soccer team, and the soon to be completed Mercedes Benz Stadium in Atlanta. Theres great support from the military amongst the players in the NFL at every level. It's our job is to serve the American people and I think we need to have more focus on that.". Formed in 1995, The Arthur M. Blank Family Foundation promotes innovative solutions to transform the lives of youth and their families, seeking results that move communities beyond what seems possible today. Implement high quality, new processes, products, services, or solutions that meet or exceed the needs and expectation of our customers. Arthur M. Blank is a businessman based in America. In a surprise move, Atlanta Falcons owner Arthur Blank announced Monday that Stephen Cannon, currently president and CEO of Mercedes-Benz USA, has been named the next CEO of AMB Group LLC . @BezosEarthFund Thats why our military fights for our rights, including the first amendment rights, to let people protest and express themselves freely. He became acquainted with his second wife, North Carolina native and Appalachian State University graduate, Stephanie Blank, when she was employed under him as a designer at a Home Depot store located in Atlanta. PGA TOUR Superstore is the PGA TOURs exclusive off-course/off-airport retail partner operating stores nationwide. Value diverse ideas, experiences, skills, work styles and backgrounds. 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.