[15], Marcus is chairman of the Marcus Foundation, whose focuses include children, medical research, free enterprise, military veterans, Israeli causes and the community. 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. Complete Details About her Dating History. With his second wife, Billi, he has a stepson, Michael Morris. Because they were convinced the donor would never have given to the Shepherd Center, they made sure the hospital got a large check. window.googletag.cmd.push(function() { [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. [3] While there he joined the Alpha Epsilon Pi fraternity.[5]. In 1979 they co-founded the home-improvement retailer The Home Depot, with the help of merchandising expert Pat Farrah and New York investment banker Ken Langone who assembled a group of investors. He has donated $25 million to Autism Speaks to spearhead its efforts to raise money for research on the causes and cure for autism. }); In 2016, Marcus and his wife Billi donated $25 million (U.S.) to the construction of the $133 million MDA Marcus National Blood Services Centre in Israel. In the Atlanta Journal-Constitution, Matt Kempner reports that Bernie Marcus, 90, plans to leave 90 percent of his fortune to the Marcus Foundation when he dies, although he did not give an estimate as to how much money that would be. Bernie Marcus has married tow times in which he first tied knots with Ruth Rados with whom he got two children with her known as Susanne Marcus Collins and Frederick Marcus. Bernard Marcus was born to Russian Jewish immigrant parents in Newark, New Jersey. We support the principles of individual liberty, a free market economy and limited constitutional government: These are the cornerstones of American society. In 1979 they co-founded the home-improvement retailer The Home Depot, with the help of merchandising expert Pat Farrah and New York investment banker Ken Langone who assembled a group of investors. [3] While there he joined the Alpha Epsilon Pi fraternity.[5]. Sign up for Insider Life. }); screaming, butting his head against the wall, etc.”, A year later Marcus showed up with an NBC camera crew doing a documentary. eventCategory: event.slot.getSlotElementId(), With his second wife, Billi, he has a stepson, Michael Morris. Donate today to assist in promoting the principles of individual liberty in America. He has two children with his first wife, Ruth: Frederick Marcus and Susanne Marcus Collins. He studied at Rutgers University for a pharmacy degree. [3] He grew up in a tenement and graduated from South Side High School in 1947. Who is Maria Shriver's New Boyfriend? [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. eventAction: 'render' The first Home Depots opened on June 22, 1979, according to the retailer's website. His wife died six months after the donor’s death, and the child died six months after that. Marcus served as the company's first CEO for 19 years and also served as chairman of the board until his retirement in 2002. document.querySelector("#adunit").addEventListener('click',function(){ In May 2005, Marcus was awarded the Others Award by the Salvation Army, its highest honor. My kids are taken care of. [13] Based mostly on the US$250M million donation for the Aquarium, Marcus and his wife, Billi, were listed among the top charitable donors in the country by The Chronicle of Philanthropy in 2005. Chaz Bono's 85-Lb Weight Loss Journey — Is He Gaining It All Back? Bernie and Billi are signatories of The Giving Pledge, a commitment to give away the majority of their wealth to philanthropic causes. He has two children, Frederick Marcus and Susanne Marcus Collins, with his first wife, and a stepson, Michael Morris, with his second wife. CRC respects confidentiality and will not share your e-mail address. Blank, Marcus, and Langone became billionaires. window.googletag.pubads().addEventListener('slotOnload', function(event) { Marcus and Blank even had their children stand outside the store offering $1 bills to any passerby willing to take a look inside, Forbes reports. Home Depot responded to the controversy saying, "Bernie retired from The Home Depot about 20 years ago and does not speak on behalf of the company. [15], Marcus is chairman of the Marcus Foundation, whose focuses include children, medical research, free enterprise, military veterans, Israeli causes and the community. The 91-year-old billionaire Bernie Marcus has been married twice in his life. Marcus served as the chairman of Home Depot's board until he retired in 2002, according to Bloomberg. Bernie Marcus cofounded Home Depot in 1978 after he was fired from his job at a home improvement business, according to Forbes. Kempner says that given that Marcus says he has already given away $2 billion, and adding 90 percent of his current wealth would make a total of around $6 billion. ga('ads.send', { Bernie Marcus is currently married to his wife, Billi Marcus. After the company's success, Marcus – an inductee of the Junior Achievement U.S. Business Hall of Fame – ended up being a billionaire and is currently worth a whopping $6.2 billion. },false) “I want to live to be 100 because I want to be in a position to give it away to those things that I really believe in,” Marcus said in a July 2019 interview. I encourage you to always try to see the faces of the recipients you help.”. Home Depot responded to the controversy saying, "Bernie retired from The Home Depot about 20 years ago and does not speak on behalf of the company. [10], In a June 2019 interview, Marcus said most of his wealth is in Home Depot stock. Dont miss a moment with us. InfluenceWatch Podcast #143: Alternatives to Unions’ Coercive Power, CPAF Spent $50 Million to Turn Out Democratic Voters, China’s Green Offensive: The Paris Climate Agreement, China’s Green Offensive: The Obama State Department.

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