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Bernard Marcus, Home Depot Co-Founder, Dies at 95
Bernard Marcus, co-founder of Home Depot and prominent philanthropist, dies at 95.
English
United States
PoliticsUs PoliticsHealthBusinessDeathRetailPhilanthropy
Home DepotThe Marcus FoundationRepublican PartyHandy Dan Improvement CentersGeorgia Aquarium
Bernard MarcusArthur BlankDonald TrumpKen Langone
- What is the main news reported in this article?
- Bernard Marcus, co-founder of Home Depot, passed away at 95. He was a prominent businessman, philanthropist, and significant Republican donor.
- How successful was Home Depot during Bernard Marcus's tenure?
- Home Depot, under Marcus's leadership, grew into the world's largest home improvement retailer with over 2,000 stores and 500,000 employees. Annual sales have doubled in the past decade, reaching nearly $153 billion in 2023.
- What was Bernard Marcus's career path before co-founding Home Depot?
- Marcus's career began in pharmacy, but he transitioned to retail, eventually co-founding Home Depot in 1978 after being fired from Handy Dan. He served as CEO and chairman before retiring in 2002.
- What will happen to Bernard Marcus's philanthropic efforts after his death?
- The Marcus Foundation will continue his philanthropic work, focusing on Jewish causes, children, medical research, free enterprise, and community initiatives.
- What were Bernard Marcus's philanthropic activities and political affiliations?
- Marcus was a generous philanthropist, supporting various charities, particularly Jewish and medical organizations. He was also a vocal supporter of Donald Trump, donating nearly $5 million to the Republican Party.