Arthur Blank Biography

January 2, 2019
First published on:January 2, 2019
by Jorge

Facts of Arthur Blank

Birth Name Arthur M. Blank
Birth Place Sunnyside, New York
Famous Name Arthur Blank
Birth Date September 27, 1942
Horoscope Libra
Father Max Blank
Mother Molly Blank
Net Worth $4.5 billion
Nationality American
Ethnicity White
Profession Businessman
Current City New York
Currently Married yes
Divorce Twice

Arthur M. Blank is an American businessman and philanthropist who is famous as a co-founder of The Home Depot. As of 2019, he is the owner of the Atlanta Falcons of National Football League and Atlanta United of Major League Football League.

 

As of 2018, he as a whopping net worth over $4.5 billion. Further, Blank was married three times and divorced twice, with his third divorce pending he has 9 children from all the relationship. 

Arthur Blank Early Life And Education

Blank was born on September 27, 1942, in Sunnyside, New York to a Jewish family. He was born to Max Blank and Molly Blank. Further, he grew up along with his brother, Michael Blank and additionally his star sign is Libra.

Talking about his education he graduated from  Stuyvesant High School in New York City. Blank was hired by Arthur Young and Company after graduating from Babson College, working as a senior accountant. He later joined the Daylin Corporation, where he became president of Daylin's Elliott Drug Stores/ Stripe Discount Stores.

Arthur Blank Net Worth And Salary

As per the reports, Arthur has a whopping net worth over $4.5 billion. Talking about his source of income, he is the owner of NFL's Atlanta Falcons which he bought for $545 million and currently has the worth over $2.1 billion. 

Additionally, he is the owner of Major Soccer League Team Atlanta United FC, which is leading the way Forbe's annual MLS team evaluation. Further, Atlanta United dethroned the LA Galaxy for the most valuable team with a valuation of $330 million.

In August 2017, both Blanks ' teams moved to their new home, Mercedes- Benz Stadium, having worth of  $1.5 billion. According to Forbes, he stands in #527 position among the Billionaires of 2018. 

The Arthur Blank Car Collection is quite large. He owns few of the world's best luxury cars. Arthur Blank's car brands include Bugatti, Mercedes, Rolls Royce, etc.

Arthur Blank has the best luxury house in New York City, Sunnyside. In 1995, Arthur Blank bought this House and the current value of the house is around $210 million.

His team Atlanta FC is a most valuable team in MLS known for paying a heavy amount of salary to its player. Miguel Almirón is one of the highest paid players of the team. 

Arthur Blank Professional Career

 Blank co-founded Home Depot with Marcus in 1978. With its warehouse concept, the store revolutionized the home improvement business and therefore, became a billionaire. Blank was the President of the Company for 19 years before succeeding Marcus as CEO. In 2001, Blank retired from the company as a co-Chairman.

CAPTION: Atlanta Falcons owner Blank SOURCE: Canada.com

In February 2002, Blank purchased the Atlanta Falcons franchise from owner Taylor Smith, son of team founder Rankin M. Smith Sr. In September 2004, he bought the Georgia Force franchise of the Arena Football League.

Blank has also founded an expansion of the Major League Soccer franchise, Atlanta United FC, which began playing in 2017.

Some of his Awards and Honors are:

  • 2018 MLS Cup champion (as an owner of Atlanta United)
  •  Freeing Voices, Changing Lives award from the American Institute for Stuttering in 2011
  • Junior Achievement U.S. Business Hall of Fame (class of 2006)
  •  National Entrepreneur Of The Year (Ernst & Young LLP) in 2005
  • Two-time Georgia Tend magazine Most Respected CEO in Georgia  in 2001 and 2003
  • 2014 Georgia Trustee

Arthur Blank Personal Life

Blank was married three times and divorced twice, with a third divorce pending and has 9 children from all the relationship. He has three children with his first wife, Kenny Blank named Dena Blank Kimball, Danielle Blank Thomsen, and Diana J. Blank respectively.  Later, the couple divorced in 1993.

CAPTION: Arthur Blank, wife Angela is getting a divorce SOURCE: AJC.com

later, he married Stephanie V. Blank  In 1995 and had three children with her named Joshua Blank, Max Blank, and Kylie Blank.

Further, Blank is married to Angela Macuga (born 1968), who had three children from a previous relationship. Recently on 1 January 2019, they announced their divorce.

Blank revealed on 9 February 2016 that he had highly treated prostate cancer. Later on 17 March 2016, Blank announced he was free of cancer after treatment.


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