Arthur Blank Net Worth is $4.0 Billion (as of 2020)
It has been estimated that the total amount of the current Arthur Blank net worth is 2.5 billion dollars, which makes him one of the wealthiest celebrities in the world. He has earned his net worth mainly through his career as a businessman. He is also known to be one of the founders of The Home Depot. Today, he is mostly known for his philanthropic work. Moreover, Arthur Blank is an owner of the Atlanta Falcons team which plays in the National Football League. Thus, this involvement also adds up to the overall size of Arthur Blank net worth.
|Net Worth:||$4.0 Billion|
|Age:||80 years old|
|Date of birth:||Sep 27, 1942|
|Nationality:||United States of America|
Arthur Blank was born in 1942 in Queens, New York and he was raised in a Jewish household. In New York City, Arthur Blank was a student at Stuyvesant High School. Later, he enrolled to study at Babson College. In 1963, he graduated from this college and earned his degree in accounting and business administration. Arthur Blank was also given an honorary degree from Furman University.
When he graduated from college, Arthur Blank got a job position as an accountant for the Arthur Young and Company. Later, he was hired by the Daylin Corporation. There, he was promoted to be the president of Elliott’s Drug Stores/Stripe Discount Stores, which belongs to that corporation. When this division was sold, Arthur Blank was made in charge of Handy Dan Home Improvement Centers. He was working as a vice president of finances, but was fired in 1978. However, all of these involvements started to increase the overall estimate of Arthur Blank net worth.
In 1978, he decided to start his own business and this is how his company The Home Depot was born, which he established with Marcus. The store played a huge part in home improvement business as it made up the warehouse concept. As a result, Arthur Blank and Marcus became one of the richest people in the industry. He was working as the president of this company for 19 years. He left it in 2001. However, the company added up a lot to making his name popular and also increased the overall sum of Arthur Blank net worth.
In 2002, he ventured into business even more when he bought the Atlanta Falcons team which plays in the National Football League. The previous owner of this team was Taylor Smith. In 2004, Arthur Blank became the owner of the Arena Football League franchise.