What Happened to Arthur M. Blank?
Arthur M. Blank is an American businessman, philanthropist, and sports team owner, best known as the co-founder of The Home Depot. After retiring from the retail giant, he established AMB Group, which owns the NFL's Atlanta Falcons, MLS's Atlanta United FC, and other ventures, while also dedicating significant wealth to philanthropic causes through the Arthur M. Blank Family Foundation, continuing to be a prominent figure in business and community development as of late 2026.
Quick Answer
Arthur Blank, co-founder of The Home Depot, remains a highly active and influential figure in business, sports, and philanthropy as of September 2026. He is the owner of the NFL's Atlanta Falcons, MLS's Atlanta United FC, and other sports franchises, with his AMB Group overseeing these ventures and the Mercedes-Benz Stadium. Blank's net worth is estimated at $13.2 billion, making him Georgia's wealthiest resident. His Arthur M. Blank Family Foundation continues to make substantial philanthropic commitments, including significant grants for youth mental health and girls' flag football in 2025 and 2026.
📊Key Facts
📅Complete Timeline17 events
Co-Founds The Home Depot
Arthur Blank, alongside Bernie Marcus, co-founds The Home Depot after being fired from Handy Dan Home Improvement Centers, opening the first stores in Atlanta.
Retires from The Home Depot
Blank retires as co-chairman of The Home Depot, leaving a legacy of innovative retail practices.
Purchases Atlanta Falcons
Arthur Blank acquires the NFL's Atlanta Falcons franchise for $545 million, marking his entry into professional sports ownership.
Signs The Giving Pledge
Blank commits to The Giving Pledge, vowing to donate at least half of his wealth to charitable causes.
Founds Atlanta United FC
Blank secures the Major League Soccer (MLS) expansion franchise for Atlanta, which becomes Atlanta United FC.
Mercedes-Benz Stadium Opens
The $1.5 billion Mercedes-Benz Stadium, home to the Atlanta Falcons and Atlanta United FC, officially opens.
Atlanta United Wins MLS Cup
Atlanta United FC wins the MLS Cup, bringing a major championship to the city under Blank's ownership.
Donates $50M for U.S. Soccer Training Center
Blank contributes $50 million to the U.S. Soccer Federation to build a National Training Center in the Atlanta area.
Receives Sports Business Journal Lifetime Achievement Award
Blank is honored with the Sports Business Journal's Lifetime Achievement Award for his impact on the sports industry.
Arthur M. Blank Hospital Opens
The new Children's Healthcare of Atlanta hospital, named after Arthur Blank following his $200 million donation, officially opens.
Commits $25M to Youth Mental Health
The Arthur M. Blank Family Foundation announces a $25 million commitment to support youth mental health initiatives across America.
Falcons Organizational Shake-up
Blank announces major organizational changes for the Atlanta Falcons, including the firing of the general manager and head coach, and the creation of a new 'president of football' role.
AMBSE Partners with American Express
AMB Sports and Entertainment announces a long-term partnership with American Express, making it a Founding Partner for Blank's sports teams and venues.
Supports Girls Flag Football in Georgia
The Arthur M. Blank Family Foundation, in partnership with the Atlanta Falcons, provides grant funding to over 300 Georgia high schools for girls' flag football programs.
Receives Golden Plate Award
Arthur Blank receives the Golden Plate Award of the American Academy of Achievement at a ceremony in Washington, D.C.
AMBSE Leadership Realignment
AMB Sports and Entertainment announces the retirement of COO Dietmar Exler and the elevation of Tameka Rish to Executive Vice-President, COO.
Named Georgia's Richest Person
Forbes' 2026 ranking places Arthur Blank as Georgia's wealthiest resident with an estimated net worth of $13.2 billion.
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🔍Deep Dive Analysis
Arthur M. Blank's journey began in 1978 when he co-founded The Home Depot with Bernie Marcus after both were fired from a regional hardware store. Their vision of a warehouse-style home improvement center with excellent customer service revolutionized the retail industry, leading to immense success and making Blank a billionaire. He served as the company's president for 19 years before becoming CEO and eventually co-chairman, retiring from the company in 2001.
Following his retirement from The Home Depot, Blank embarked on a second career as a prominent sports owner and philanthropist. In 2002, he purchased the NFL's Atlanta Falcons for $545 million, an investment that has since appreciated significantly, with his stake alone estimated at $6.7 billion in 2026. His passion for sports extended to soccer, leading him to establish Atlanta United FC in Major League Soccer in 2014, which went on to win the MLS Cup in 2018. Both teams now play in the state-of-the-art Mercedes-Benz Stadium, which opened in 2017 and was designed to accommodate both football and soccer, and has hosted major events like the 2019 Super Bowl and eight matches for the 2026 FIFA World Cup.
Blank's business portfolio, managed under AMB Group LLC, also includes the PGA TOUR Superstore, Atlanta Drive GC (a TGL golf team that won the SoFi Cup in 2025), and a future National Women's Soccer League (NWSL) expansion team set to begin play in 2028. In January 2026, Blank initiated significant organizational changes within the Atlanta Falcons, including the firing of the general manager and head coach, and the creation of a new 'president of football' role to oversee the team's long-term success. In March 2026, AMB Sports and Entertainment announced a long-term partnership with American Express, making it a Founding Partner and Official Payments Partner for Blank's sports ventures. Further leadership changes occurred in July 2026, with Dietmar Exler retiring as COO of AMBSE and Tameka Rish being elevated to Executive Vice-President, COO.
Beyond business, Arthur Blank is a dedicated philanthropist, having signed The Giving Pledge in 2012, committing to give away at least half of his wealth. The Arthur M. Blank Family Foundation, established in 1995, has granted over $1.5 billion to charitable causes, focusing on areas like youth development, health, education, and the environment. Notable recent contributions include a $200 million donation for the Children's Healthcare of Atlanta hospital, which opened as the Arthur M. Blank Hospital in September 2024. In December 2025, the foundation committed $25 million to youth mental health initiatives across America. February 2026 saw a $75 million commitment to Blue Meridian Partners for anti-poverty initiatives. Additionally, in March 2026, the foundation, in partnership with the Atlanta Falcons, provided grant funding to over 300 Georgia high schools to support girls' flag football programs. Blank also contributed $50 million to U.S. Soccer in September 2023 to build a National Training Center in the Atlanta area.
As of September 27, 2026, Blank, at 84 years old, continues to be actively involved in his diverse businesses and philanthropic endeavors. He was recognized as Georgia's wealthiest resident on Forbes' 2026 ranking with an estimated net worth of $13.2 billion. In June 2026, he received the Golden Plate Award of the American Academy of Achievement, further acknowledging his significant contributions.
What If...?
Explore alternate histories. What if Arthur M. Blank made different choices?