Famous Like Me > Actor > M > Bernie Marcus
Profile of Bernie Marcus
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Name: |
Bernie Marcus |
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Also Know As: |
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Date of Birth: |
13th March 1888 |
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Place of Birth: |
Colorado, USA |
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Profession: |
Actor |
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From Wikipedia, the free Encyclopedia Bernard Marcus (born 1929 in Newark, New Jersey) is a co-founder of Home Depot.
He was born to Russian immigrant parents in Newark, New Jersey. He grew up in a tenement and wanted to become a doctor. He couldn’t afford the training, so he worked his way through Rutgers University to earn a pharmacy degree.
Later, he worked at a drugstore as a druggist but became more interested in the business and retailing part of the business. He worked at a cosmetics company and various other retail jobs, eventually reaching a position as a top executive with Handy Dan Improvement Centers, a Los Angeles-based chain of home improvement stores. In 1978, after a disagreement with his boss at Handy Dan, he and Home Depot co-founder Arthur Blank were both fired.
Together, with the help of New York investment banker Ken Langone who assembled a group of investors, the two launched the highly successful home-improvement retailer in 1979 and became billionaires as a result.
Marcus almost single-handedly funded and launched the new Georgia Aquarium that will open in downtown Atlanta, Georgia on November 23, 2005 with a US$200M donation. The Aquarium will be the largest indoor public aquarium in the United States. Based mostly on that donation, Marcus and his wife, Billi, were listed among the top charitable donors in the country by The Chronicle of Philanthropy in 2005.
Bernie Marcus also funded and founded The Marcus Institute, which is a nationally recognized center of excellence for the provision of comprehensive services for children and adolescents with developmental disabilities. In May 2005, Marcus was awarded the Others Award by the Salvation Army, its highest honor.
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