Bernie Marcus, co-founder of The Home Depot, exemplified entrepreneurial spirit by refusing a venture capitalist's $3 million investment due to unreasonable demands, despite the company's dire financial need. His unwavering vision and commitment to customer satisfaction and employee equity led to The Home Depot's massive success, transforming an initial $3 million investment opportunity into a $12 billion missed chance by the late 1990s, and a current market cap of $400 billion. Marcus's legacy includes creating thousands of millionaire associates through an employee stock ownership plan.
Bernie Marcus, co-founder of Home Depot, passed away at 95, leaving behind a legacy of philanthropy. He committed to giving away nearly all his wealth, with his Marcus Foundation tasked to distribute 90% of his remaining billions within 20 years. Marcus, who was deeply influenced by his mother's teachings on helping others, focused his charitable efforts on medical research, Jewish causes, community support, and veterans. His foundation has already donated over $2.7 billion, and now faces the challenge of distributing significantly more in a shorter timeframe.
Bernie Marcus, co-founder of Home Depot, has died at 95. After being fired from Handy Dan, Marcus and Arthur Blank founded Home Depot in 1979, revolutionizing the home improvement industry. Marcus, who grew up in poverty, became a billionaire and a major philanthropist, pledging to give away 90% of his wealth. He funded projects like the Georgia Aquarium and supported Republican causes, including Donald Trump. Marcus was a staunch advocate for capitalism, attributing his success to the American free enterprise system.
Bernie Marcus, co-founder of Home Depot, has passed away. Born to Jewish immigrants, Marcus built a retail empire and became a major philanthropist, contributing over $2 billion to various causes, including the Georgia Aquarium and centers for autism and stroke research. Known for his visionary ideas and commitment to giving back, Marcus also supported Republican political campaigns. He is remembered for his impact on business and philanthropy, with tributes highlighting his dedication to improving lives and communities.
Former President Trump mourned the death of Bernie Marcus, the Home Depot founder and significant Republican donor, who passed away at 95. Marcus was a staunch supporter of Trump, contributing significantly to his campaigns and urging GOP unity behind him. Trump praised Marcus as an extraordinary man and a political genius. Senate Republican Leader Mitch McConnell also expressed his condolences, highlighting Marcus' philanthropic impact.
Bernie Marcus, the co-founder of Home Depot, has passed away at the age of 95. Marcus was instrumental in building Home Depot into a leading home improvement retailer, leaving a significant impact on the business world.
Bernie Marcus, a major Republican donor and co-founder of Home Depot, expressed in an interview with ABC News that he is not "happy" that former President Donald Trump is leading the race for the GOP presidential nomination in 2024. However, Marcus is still doing "everything" he can to get Trump elected because he believes the country needs him. Marcus also mentioned his support for other potential candidates like Nikki Haley and Ron DeSantis, but he believes that Trump is unlikely to be beaten for the nomination. Despite criticizing Trump's personality and handling of the January 6th riot, Marcus defended his economic and foreign policies. He plans to donate to Trump's campaign, although not as a key supporter, and hopes his endorsement will sway undecided voters. Marcus, who has been one of Trump's biggest donors, had originally planned to focus on philanthropy but returned to politics due to his concerns about the Biden administration.
Home Depot co-founder Bernie Marcus criticized President Biden's economic policies, blaming them for exacerbating inflation and hurting American consumers, including Home Depot customers. Marcus expressed concern over rising prices for food, energy, rent, and insurance, stating that the middle class and poor are being severely impacted. While inflation has decreased from its peak, it remains above the Federal Reserve's target rate. Marcus also criticized Biden's decision to cut back drilling, which he believes contributed to the inflation problem. The Federal Reserve's Open Market Committee chose to keep interest rates unchanged but left the door open for a potential rate hike due to concerns about elevated inflation.
Bernie Marcus, the 94-year-old co-founder of Home Depot, expressed his frustration and concern about the direction of the country in a recent interview. He criticized President Biden, calling him a "dunce" and blaming him for divisive policies, inflation, and rising federal debt. Marcus also expressed misgivings about former President Trump, acknowledging his positive impact on wages and employment but criticizing his inability to control his rhetoric. Despite his concerns, Marcus remains committed to fighting for conservative values and supporting politicians who align with his beliefs. He emphasized the importance of preserving America's economic freedom and expressed hope that the American public is turning against left-wing economic policies and corporate wokeness.
