Bernard Marcus, cofounder of The Home Depot and billionaire Republican megadonor, has died

  • CNN
  • November 5, 2024
New York

CNN

 — 

Bernard "Bernie" Marcus, the billionaire Home Depot cofounder and a Republican megadonor, who in recent years became an outspoken supporter of Donald Trump, has died, according to an internal memo obtained by CNN. He was 95.

The Home Depot didn't immediately respond to CNN's request for comment.

Marcus, who had a net worth of about $7.4 billion, according to Bloomberg's Billionaire Index, gained his fortune from establishing the Home Depot with Arthur Blank in 1978. The duo grew the orange-clad retailer into a retail behemoth that now has 2,300 stores and a stock market valuation of nearly $400 billion.

Marcus was Home Depot's CEO until 1997 and served as the company's chairman until his retirement in 2002.