Read more: The billionaire cofounder of Home Depot plans on donating up to 90% of his $5.9 billion fortune, and Trump's 2020 campaign will be one of the beneficiaries. Copyright 2020 Capital Research Center. Blank, Marcus, and Langone became billionaires. Marcus also donated $250 million to build the Georgia Aquarium in Atlanta, according to Forbes. He co-founded The Home Depot and was the company's first CEO, and chairman until retiring in 2002. Marcus is one of several business tycoons who opposed the Employee Free Choice Act, a controversial proposal they claim gives unfair advantage to labor unions. What's Up with Kaitlin Olson's Plastic Surgery Discussions?

[3] He grew up in a tenement and graduated from South Side High School in 1947. eventAction: 'render'

What a blessing this was to have changed one life and to have had such an impact on a life. Due to the tremendous success of the company, Marcus, Blank, and early investor Kenneth Langone all became billionaires. if(document.querySelector("#ads")){ He has two children, Frederick Marcus and Susanne Marcus Collins, with his first wife, and a stepson, Michael Morris, with his second wife. The reason: the donor who created the foundation died creating a perpetual foundation with no instructions, with control left to his wife and child. [11], Marcus co-founded the Israel Democracy Institute in 1991, contributing $5 million for the construction of the institute's building in Jerusalem's Talbiya neighborhood and investing hundreds of millions of shekels in its ongoing operation over the years. reporters on a platform technologically tailored to meet the needs of the modern reader. Capital Research Center (CRC) was established in 1984 to promote a better understanding of charity and philanthropy. [6], In January 2014, Marcus founded the Job Creators Network, a conservative advocacy group, with $500,000 in seed funding. Trump also came to Marcus's defense, praising Marcus as " truly great, patriotic & charitable man" and calling the boycotters "vicious and totally crazed" on Twitter 0n July 9, Business Insider reported. Here's why', published on FoxNews.com, Marcus supported the reelection of Trump triggering an online protest on Twitter to boycott Home Depot under the hashtag #BoycottHomeDepot. [7], In 2015, Marcus donated $1.5 million to Super PACs supporting Jeb Bush and Scott Walker. But with her willingness to never give up and with the constant support and love of her husband, she overcame the disease and recovered. I encourage you to always try to see the faces of the recipients you help.”. }); All Rights Reserved.

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