Bernie Marcus, The Home Depot Co-Founder, Allegedly Passes Away at 95
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It is reported that Bernard “Bernie” Marcus, the visionary behind The Home Depot, has died at his home in Florida on November 4, at the age of 95. His life was a testament to the power of generosity and community service, especially within the Atlanta medical, veteran, and Jewish communities.
According to a press release from the Jewish Federation of Greater Atlanta, Marcus was known for “prioritizing relationships over profits.” This philosophy not only influenced his business dealings but also guided his philanthropic efforts. He was the son of Russian Jewish immigrants and dreamed of becoming a doctor, but instead, he found his calling in business and philanthropy.
After being fired from a corporate job in 1978, Marcus teamed up with Arthur Blank to launch The Home Depot, which opened its doors in Atlanta a year later. The idea was revolutionary—a one-stop shop for DIY enthusiasts, an area that had been largely ignored in the retail space.
His commitment to charity was palpable. The Home Depot’s internal fund has supported over 194,000 employees facing hardships. His charitable endeavors extended to medical advancements through the Marcus Foundation, benefiting institutions like Emory University and the Marcus Autism Center.
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He also championed initiatives supporting Israel, sending thousands of children to summer camps through the Atlanta Jewish Camp Initiative. Jared Powers, CEO of the MJCCA, described Marcus as “a visionary philanthropist” whose legacy will endure through the lives he touched and the community he uplifted.
Marcus is survived by his wife, Billi, and his family, leaving behind a profound legacy of compassion and community support.