Home Depot co-founder Bernie Marcus dies
Bernie Marcus, the co-founder of Home Depot who became a billionaire philanthropist and GOP donor, has died at the age of 95.
Bernie Marcus, the co-founder of Home Depot who became a billionaire philanthropist and GOP donor, has died at the age of 95.
"The entire Home Depot family is deeply saddened by the death of our co-founder Bernie Marcus," the company said. "We owe an immeasurable debt of gratitude to Bernie. He was a master merchant and a retail visionary. But even more importantly, he valued our associates, customers and communities above all. He’s left us with an invaluable legacy and the backbone of our company: our values.
Marcus’ death was first reported by CNN.
Born to Russian-Jewish immigrants in 1929, Marcus grew up in Newark, New Jersey, according to a biography shared by Home Depot. He eventually enrolled in pharmacy school and graduated from Rutgers University.
At age 49, Marcus formed Home Depot with Arthur Blank, the Atlanta Falcons owner and a billionaire supporter of Democrats, in Atlanta in 1978 after both were fired from another home improvement firm. They were assisted with financing from Ken Langone, another major philanthropist and Republican donor.
https://www.nbcnews.com/business/business-news/home-depot-co-founder-bernie-marcus-dies-rcna178788
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