Bernie Marcus, The Home Depot co-founder and billionaire philanthropist, dies at 95

Bernie Marcus, The Home Depot co-founder and billionaire philanthropist, dies at 95

NEW YORK (AP) — 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.

Marcus died Monday in Boca Raton, Florida, surrounded by family, according to a Home Depot spokesperson.

Marcus was Home Depot’s CEO as it grew rapidly during its first two decades, and was chairman of the board until his retirement in 2002. In recent years, he became an outspoken supporter of former president Donald Trump.

“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 son of Russian Jewish immigrants, Marcus was born in 1929 and grew up in a…

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Bernie Marcus, The Home Depot co-founder and billionaire philanthropist, dies at 95

 

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