{"id":71086,"date":"2024-11-10T14:00:00","date_gmt":"2024-11-10T14:00:00","guid":{"rendered":"https:\/\/gistfest.com\/?p=71086"},"modified":"2024-11-10T07:55:20","modified_gmt":"2024-11-10T07:55:20","slug":"ernard-marcus-home-depot-co-founder-death","status":"publish","type":"post","link":"https:\/\/gistfest.com\/ernard-marcus-home-depot-co-founder-death\/","title":{"rendered":"Home Depot Announces Death of Co-Founder Bernard Marcus"},"content":{"rendered":"\n<p>Bernard &#8220;Bernie&#8221; Marcus, co-founder of The Home Depot, billionaire philanthropist, and significant Republican supporter, has died at the age of 95.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_69_1 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/gistfest.com\/ernard-marcus-home-depot-co-founder-death\/#Who_Is_Bernard_Marcus\" title=\"Who Is Bernard Marcus?\">Who Is Bernard Marcus?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/gistfest.com\/ernard-marcus-home-depot-co-founder-death\/#When_Did_Bernard_Marcus_Create_Home_Depot\" title=\"When Did Bernard Marcus Create Home Depot?\">When Did Bernard Marcus Create Home Depot?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/gistfest.com\/ernard-marcus-home-depot-co-founder-death\/#What_Was_Bernard_Marcus_Net_Worth\" title=\"What Was Bernard Marcus\u2019 Net Worth?\">What Was Bernard Marcus\u2019 Net Worth?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/gistfest.com\/ernard-marcus-home-depot-co-founder-death\/#Bernard_Marcus_Political_Ideologies\" title=\"Bernard Marcus\u2019 Political Ideologies\">Bernard Marcus\u2019 Political Ideologies<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"597\" src=\"https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@TheTorontoSun-fotor-20241108201843-1024x597.jpg\" alt=\"Bernard Marcus \" class=\"wp-image-71088\" srcset=\"https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@TheTorontoSun-fotor-20241108201843-1024x597.jpg 1024w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@TheTorontoSun-fotor-20241108201843-150x88.jpg 150w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@TheTorontoSun-fotor-20241108201843-450x263.jpg 450w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@TheTorontoSun-fotor-20241108201843-768x448.jpg 768w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@TheTorontoSun-fotor-20241108201843-300x175.jpg 300w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@TheTorontoSun-fotor-20241108201843-720x420.jpg 720w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@TheTorontoSun-fotor-20241108201843-696x406.jpg 696w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@TheTorontoSun-fotor-20241108201843-1068x623.jpg 1068w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@TheTorontoSun-fotor-20241108201843.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: @TheTorontoSun\/X<\/figcaption><\/figure>\n\n\n\n<p>A Home Depot representative said that Marcus died in Boca Raton, Florida, surrounded by family.\u00a0Marcus was Home Depot&#8217;s CEO for the first two decades of its existence and served as chairman of the board until his retirement in 2002. <\/p>\n\n\n\n<p>Home Depot is presently the world&#8217;s leading home improvement business. In recent years, he became a vocal supporter of the newly elected President Trump. The company expressed immense gratitude to Marcus, acknowledging him as a master merchant and retail visionary. <\/p>\n\n\n\n<p>They emphasized that, above all, he valued their associates, customers, and communities. His legacy and the company&#8217;s backbone\u2014its values and culture\u2014are invaluable gifts he left behind.<\/p>\n\n\n\n<p><strong>ALSO READ: <a href=\"https:\/\/gistfest.com\/donald-trump-mocks-jimmy-carter-on-100th-birthday\/\">Donald Trump Mocks Jimmy Carter On His 100th Birthday<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Who_Is_Bernard_Marcus\"><\/span><strong>Who Is Bernard Marcus?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Bernard Marcus, the son of Russian Jewish immigrants, was born in 1929 and raised in a tenement in Newark, New Jersey, based on a business biography.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/GbpYlOmW8AA-0Bi-fotor-20241108201953-1024x576.jpg\" alt=\"Bernard Marcus\" class=\"wp-image-71089\" srcset=\"https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/GbpYlOmW8AA-0Bi-fotor-20241108201953-1024x576.jpg 1024w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/GbpYlOmW8AA-0Bi-fotor-20241108201953-150x84.jpg 150w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/GbpYlOmW8AA-0Bi-fotor-20241108201953-450x253.jpg 450w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/GbpYlOmW8AA-0Bi-fotor-20241108201953-768x432.jpg 768w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/GbpYlOmW8AA-0Bi-fotor-20241108201953-300x169.jpg 300w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/GbpYlOmW8AA-0Bi-fotor-20241108201953-747x420.jpg 747w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/GbpYlOmW8AA-0Bi-fotor-20241108201953-696x392.jpg 696w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/GbpYlOmW8AA-0Bi-fotor-20241108201953-1068x601.jpg 1068w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/GbpYlOmW8AA-0Bi-fotor-20241108201953.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: @GAFollowers\/X<\/figcaption><\/figure>\n\n\n\n<p>Marcus aspired to be a doctor, but his family could not afford medical school.\u00a0So, he studied pharmacy at Rutgers University and graduated. According to Home Depot, Bernard Marcus used to say he&#8217;d skip classes to sell Amana freezers door to door.<\/p>\n\n\n\n<p>After college, Marcus worked for the manufacturing firm O&#8217;Dell&#8217;s and the retail chain Vornado, quickly rising through the corporate ranks. In 1972, he became chairman and president of Handy Dan Improvement Centers, a subsidiary of the Daylin conglomerate. Marcus and Arthur Blank developed a lifetime relationship there.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"When_Did_Bernard_Marcus_Create_Home_Depot\"><\/span><strong>When Did Bernard Marcus Create Home Depot?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Bernard Marcus was sacked from Handy Dan in April 1978, along with future Home Depot co-founder Arthur Blank, amid a corporate power struggle. They co-founded the home-improvement shop Home Depot in 1978 with the help of merchandising guru Pat Farrah and New York investment banker Ken Langone, who put together a group of <a href=\"https:\/\/tippingtrends.com\/elon-musk-urges-warren-buffett-to-invest-in-tesla-shares\/\">investors<\/a>.<\/p>\n\n\n\n<p>The first two locations in Atlanta opened on June 22, 1979. Marcus was the company&#8217;s initial CEO until May 1997, then retired as chairman of the board on May 31, 2002. Blank followed him as CEO and remained in office until December 2000. Marcus was honored by the Junior Achievement U.S. Business Hall of Fame in 2006.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/gistfest.com\/poll-do-you-support-a-single-payer-healthcare-system-medicare-for-all\/\"><strong>POLL\u2014Do You Support a Single-Payer Healthcare System (Medicare for All)?<\/strong><\/a><\/p>\n\n\n\n<p>He launched the Job Creators Network, a conservative advocacy organization, with $500,000 in seed funds in 2010. Marcus has donated to various charities, including Jewish and medical groups. He also developed the Georgia Aquarium in Atlanta, which is one of the world&#8217;s largest.\u00a0<\/p>\n\n\n\n<p>According to the corporation, his philanthropic efforts will continue through The Marcus Foundation, which focuses on Jewish causes, children, medical research, free enterprise, and the community.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Was_Bernard_Marcus_Net_Worth\"><\/span><strong>What Was Bernard Marcus\u2019 Net Worth?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>According to Forbes, Bernard Marcus&#8217; net worth at the time of his death was $11 billion. Naturally, the majority, if not all, of his riches came from co-founding Home Depot with Arthur Blank.\u00a0<\/p>\n\n\n\n<p>Marcus was dedicated to assisting military personnel and first responders with traumatic brain injuries, as well as individuals suffering from post-traumatic stress disorder and substance misuse concerns.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"605\" src=\"https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@Forbesm-fotor-20241108201910-1024x605.jpg\" alt=\"Bernard Marcus\" class=\"wp-image-71091\" srcset=\"https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@Forbesm-fotor-20241108201910-1024x605.jpg 1024w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@Forbesm-fotor-20241108201910-150x89.jpg 150w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@Forbesm-fotor-20241108201910-450x266.jpg 450w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@Forbesm-fotor-20241108201910-768x454.jpg 768w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@Forbesm-fotor-20241108201910-300x177.jpg 300w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@Forbesm-fotor-20241108201910-711x420.jpg 711w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@Forbesm-fotor-20241108201910-696x411.jpg 696w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@Forbesm-fotor-20241108201910-1068x631.jpg 1068w, https:\/\/gistfest.com\/wp-content\/uploads\/2024\/11\/@Forbesm-fotor-20241108201910.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: @Forbes\/X<\/figcaption><\/figure>\n\n\n\n<p>Near the end of his life, Marcus was determined to give away as much of his money as possible. It is estimated that by the time of his death, he had donated more than $2 billion to multiple causes and organizations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Bernard_Marcus_Political_Ideologies\"><\/span><strong>Bernard Marcus\u2019 Political Ideologies<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Bernard Marcus, an avowed Republican, has donated millions to the campaigns of right-wing politicians. This includes the late John McCain, current Florida Gov. Ron DeSantis, and Trump.<\/p>\n\n\n\n<p><strong>WATCH: <a href=\"https:\/\/youtu.be\/zAZfunoCo1I\">Massive Oil Discovery in Antarctica Raises Concern<\/a><\/strong><\/p>\n\n\n\n<p>Later in life, he made regular appearances on right-wing television channels such as Fox News and Fox Business, typically discussing his support for Trump&#8217;s presidential ambitions.&nbsp;<\/p>\n\n\n\n<p>Some Trump opponents threatened to boycott The Home Depot in 2016 and 2019 due to Marcus&#8217; backing for the Republican presidential contender. In a 2022 interview with the Financial Times, Bernie Marcus expressed his concerns about capitalism, stating that the spread of socialism in America has led to a lack of work ethic, with people expecting handouts.\u00a0<\/p>\n\n\n\n<p>He lamented the loss of free speech, attributing it to the influence of &#8220;<a href=\"https:\/\/tippingtrends.com\/elon-musk-removes-disney-from-tesla-vehicles-amid-feud-with-disney-ceo\/\">woke<\/a>&#8221; culture, and remarked that at 93, he does not care about potential backlash against him.<\/p>\n\n\n\n<p><strong>You Might Also Like:<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/gistfest.com\/gypsy-rose-blanchard-shares-results-of-pre-birth-paternity-test\/\">Gypsy Rose Blanchard Shares Results of Pre-Birth Paternity Test<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/gistfest.com\/bill-belichick-jordon-hudson-relationship\/\">Meet Bill Belichick\u2019s Girlfriend Jordon Hudson<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/gistfest.com\/emma-stone-daughter-louise-jean\/\">Who Is Emma Stone\u2019s Daughter? Everything We Know About Her<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/gistfest.com\/inside-gisele-bundchens-relationship-with-joaquim-valente\/\">Inside Gisele B\u00fcndchen\u2019s Relationship with Joaquim Valente<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/gistfest.com\/lebron-james-kamala-harris-endorsement\/\">LeBron James Shows Support for Kamala Harris Presidency, Posts Video of Trump\u2019s Racist Comments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bernard &#8220;Bernie&#8221; Marcus, co-founder of The Home Depot, billionaire philanthropist, and significant Republican supporter, has died at the age of 95. A Home Depot representative said that Marcus died in Boca Raton, Florida, surrounded by family.\u00a0Marcus was Home Depot&#8217;s CEO for the first two decades of its existence and served as chairman of the board<\/p>\n","protected":false},"author":23,"featured_media":71087,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"MSN_Categories":"News","MSN_Publish_Option":true,"MSN_Is_Local_News":false,"MSN_Is_AIAC_Included":"Empty","MSN_Location":"[]","MSN_Add_Feature_Img_On_Top_Of_Post":false,"MSN_Has_Custom_Author":false,"MSN_Custom_Author":"","MSN_Has_Custom_Canonical_Url":false,"MSN_Custom_Canonical_Url":"","footnotes":""},"categories":[203],"tags":[2807],"class_list":{"0":"post-71086","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-general","8":"tag-news"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Home Depot Announces Death of Co-Founder Bernard Marcus - 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