Despite being widowed at a young age, his mother managed the familys mail-order pharmaceutical business and sold it to a large retail conglomerate. Blank is a strong supporter of the Democratic Party. And we've had a very successful team for the first threeand-a-half years this year. What I Learned Over One Cup of Coffee Yesterday Morning, You Want to Laugh at Liz Truss and The Brits. Like all stories meant to inspire, he takes some knocks. During the 2020 elections, Blank contributed $300,000 to Biden Victory Fund, $35,000 to the Democratic National Convention, and tens of thousands of dollars to state Democratic Party committees. "He cares deeply about giving back and making a difference in people's lives. They all understand it's, you know, you have an opportunity to be here on Earth and how do you want to leave it? For years, Americans have fallen prey to the con of wealthy businessmen who want to build shiny new sports arenas yet dont want to pay for them. 2, In the late 1970s, Arthur Blank was an officer at Handy Dan, a regional hardware store chain in Southern California. All of which is, yknow, really classy stuff. I want you guys to come up with real solutions. We had the option of going to a variety of companies, doing a variety of things in a traditional sense of management leadership. And that's one of our core values as well: Include everybody. Pictured is the famous napkin deal that sealed Arthur Blanks agreement with Taylor Smith to purchase the Atlanta Falcons for $545 million in 2001. There are nearly one million Latinos in Georgia, with one of the fastest growth rates of the Latino population in the nation. By all accounts, those associated with the new stadium and the Westside view their presence as at least a 10-20 year commitment toward revitalizing a downtrodden community and bringing the city together. Home Depot cofounder, Arthur Blank, is a longtime Democratic supporter and donated $250,000 to committees supporting Joe Biden between July and September in 2020, Another Home Depot cofounder, Bernie Marcus, is an. And next thing I know, he was sitting on his knees and with a gun to his head. They survived. American professional sports owners have contributed nearly $47 million in federal elections since 2015, according to research by ESPN in partnership with FiveThirtyEight, including $10 million. However, the Atlanta Falcons new home, Mercedes-Benz Stadium, may foster a new era of stadium construction and community engagement. But tell me what I can do to help? And they said, Well, you know, the reality is about 40% of our stadium is empty. So, you know, soccer is on the ascent in the United States dramatically, which is a great thing. The NFL could and should be a leader among other giant corporations in taking stark stands against belligerent stupidity like racism (which it is sort of good at in a lipservice/signage kind of way, considering 70% of its players are black) and sexism (where it has a long ways to go, despite promoting Breast Cancer Awareness Month with pink shoes), but also right now for wait for it COVID vaccinations. I am, in a certain sense. America has long struggled to deliver a fair and equitable democracy to all of its citizens. But my mother would say to me, You know, what you have to say is important. She was a woman of great principle, great personal authority. The 74-year-old Blank, who Forbes estimates has an estimated net worth of $3.1 billion, is the director of Cox. "It's not a red issue or a blue issue, it's about how you treat people, whether it be guests, fans, customers, associates, or shareholders in the case with HD," said Blank, whose Arthur M. Blank Family Foundation has granted over $800 million to help underserved people across the nation. 3 0 obj A Member of the Blank Family of Businesses. Post was not sent - check your email addresses! I had another NFL player, while [Vick] was in prison, come visit me and say I came from exactly the same neighborhood, but it was in a part of Pittsburgh. So sadly, Michael was raised in an environment where that was kind of normal behavior, if you will. /Creator ( w k h t m l t o p d f 0 . Blank writes about being teased for having a stutter. I said, Paul? j"[p!d~oB?1].drwe GM]/v2q3^u[\ /. About Arthur Blank Arthur Blank and Bernie Marcus cofounded Home Depot in 1978 after being fired from their jobs at a regional hardware store. If you would like to customise your choices, click 'Manage privacy settings'. Because It Delivers Comfort, Status and Cash. His professional team Atlanta United FC brought professional soccer to Atlanta beginning in 2017. To anyone interested in a deeper dive into NFL culture I strongly recommend, Big Game by New York Times Magazine writer Mark Leibovich for an inside-the-suites sense of who says what to who when its more or less just them peer billionaires talking. Peaceful protests of the past have led to new ways forward. "And I'm not 100 years old I'm getting there, but I'm not but the things I see and deal with are just inherently not what's made this country great. Tikkun Olam [a Jewish concept of repairing the world through action]. The Falcons leadership knows how to play politics. I mean, I was stuttering when I was senior class president, [and in] student government. 2010-2023 Arthur M. Blank Family Foundation. /CA 1.0 Marcus handed the CEO reigns to Blank in 1997; Blank held the position until a new president and CEO was hired in 2000. Blank told Business Insider that despite their political differences, their different leanings never got in the way of their ability to work together as partners or as friends. Blank donated another $35,500 to the Democratic National Committee, according to Federal Election Commission filings. As I've said, 95% of my estate is going to be recycled back through our foundations and they will provide their insights and their leadership and their views and values that their father and their mothers would be very proud of. Players and coaches appear giving quick testimonials. His daughter Dena is the executive director of the Kendeda Fund, a left-of-center private foundation founded by her mother, Diana Blank. Hes a combination of father and brother to me. Theres a revelation of Blank stumbling dazedly into a parking lot after being abruptly forced out of Home Depot in 2001, and his devastation after the Falcons epic 2017 loss in the Super Bowl. a guy regularly reviled by sportswriters, players and fans as a (very wealthy) toxic idiot. United States, Copyright 2023, Georgia Public Broadcasting. GALEO strives for a better Georgia where the Latino community is engagedcivically, and its contributions and concerns are recognized. And so think about the implications of the choices you're making for yourself and for your loved ones, etc. 2023 FOX Television Stations, Georgia Secretary of State calls many election changes 'solid', study by ESPN and FiveThirtyEight in October 2020, too restrictive and targets minority voters, Cobb leader says moving MLB All-Star game in protest would hurt business, Democrats dispute police report in Georgia lawmakers arrest, Civil rights groups file new lawsuit over Georgia voting law, Photos show rescue of Woodstock man 'buried up to his neck' in collapsed trench, Frederick, MD tanker explosion leaves 1 dead; Shuts down part of US-15, Sheriff's office continues five-year-long search for missing Carrollton man, Georgia baby girl reported missing with man diagnosed with mental illness, police say, Jesse Wilson: Adoptive mother arrested in boy's death in Arizona, Clayton County twin sisters make history rising the ranks in Georgia UPS facility, Alex Murdaugh killed wife, son to buy time, prosecutor says, UGA football star Jalen Carter facing charges in fatal crash: What we know, Young Thug trial: Judge orders probe of leaked evidence, Families intensify search for two men missing for more than a week. The Center for Election Innovation & Research (CEIR) mission is to ensure elections are secure, voters have confidence in election outcomes and democracy thrives as civic engagement grows. When you burn down this city, youre burning down our community., If you want change in America, go and register to vote. A message sent to Arthur Blank from President Obama in 2018, thanking him for his commitment to affordability at the Mercedes-Benz Stadium after Blank cut concession prices by 50%. A study by ESPN and FiveThirtyEight in October 2020 showed Blank is a bipartisan contributor to political campaignsbut contributed more to Democratic candidates from 2012 to 2020. my patience level probably is not the level it would have to be to sustain myself in this political atmosphere today. And so from there, since the 2001- 2002 season, we've only had three games that were not sold out during the season. He just opened the door. So we spent six months maybe talking to fans, or people that were not fans, but were, you know, living in the Atlanta area at that time, and we found out that there were four or five things we had to fix. Copyright 2023 InfluenceWatch. Thats great. %&'()*456789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz I would suggest, for anybody in business, that you listen to who you're serving. GPB is committedto bringing you comprehensive news coverage from Georgia, across the country and around the world. Looting is NOT THE ANSWER!!! It's the fans. When I left [Home Depot] in 2001, [it] was the second largest retailer in the world, second only to Wal-Mart. It is my hope that we take this terrible moment in our history to elevate that conversation toward productive action and lasting, positive change. Good Company is billed as a visionary road-map for creating successful businesses. Now 78, he is largely beloved in Georgia as an entrepreneur, owner of two professional sports teams and a prolific philanthropist. Yet the team continues to unite Atlantans during the ups and downs. If executed improperly, this stadium could continue a long line of broken promises for this blighted community. And then he came up to my suite afterward and it was like 10, 15 minutes later, his face was just full of tears and he said that he was so moved by it. /Height 155 We don't have any fans in our building, and this is what we plan on doing: We're going to, you know, promote season tickets for 100 bucks or $10 a ticket. And I remember waiting for, you know, probably two minutes. [Thats] something that I talk about in the book, which most people are not aware of. I seriously doubt the leagues TV ratings or ad revenue would suffer an iota. With Enemies Like Scott Jensen, Who Needs Friends? Paul, are you there? Additionally in 2014, the Atlanta Braves announced that they were building a new stadium outside the city in the northern suburbs, and leaving Turner Field, which was originally the site of Centennial Olympic Stadium for the 1996 summer games. Arthur M. Blank is responsible for the sorry state of the Falcons. How? They all have a great set of eyes and they're all different. And somebody knocked on the door. meathead) culture inside the team formerly known as the Washington Redskins. And the Falcons new stadiumscheduled to open this summerwith an estimated cost of $1.5 billion, $200 million coming from Atlanta hotel-motel taxesis definitely big and shinny with tons of gadgets to enhance the fan experience. But this is where the similarities with most other stadiums end.
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