Bernie Marcus dies: Home Depot co-founder, billionaire philanthropist was 95

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Bernie Marcus dies: Home Depot co-founder, billionaire philanthropist was 95
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Joe Nguyen is a digital strategist for The Denver Post. Previously he was the online prep sports editor. Prior to that, he covered Adams County and Aurora in the YourHub section. He has previously covered Colorado’s Asian-American communities as editor for Asian Avenue magazine and AsiaXpress.com.

FILE – Home Depot co-founder Bernie Marcus appears on “Cavuto: Coast to Coast,” with anchor Neil Cavuto, on the Fox Business Network, in New York, June 24, 2019. NEW YORK — Bernard “Bernie” Marcus, the co-founder of The Home Depot, the world’s largest home improvement chain, a billionaire philanthropist, and a big Republican donor, has died. He was 95.

“We owe an immeasurable debt of gratitude to Bernie,” the company said in a statement. “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 and culture. ”

The big moment in his career arrived after he was fired by Handy Dan in 1978, along with Blank. Marcus had dreamt of a one-stop shop for do-it-yourselfers. At age 49, Marcus, along with Blank, founded Home Depot. Investment banker Ken Langone helped to secure financing to get The Home Depot started, according to the company.

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