‘Below Deck Med’ Season 9: What is Arthur Blank’s net worth? Home Depot Billionaire’s yacht 'Dreamboat' featured on show
ATHENS, GREECE: Arthur Blank, a prominent American entrepreneur, gained notoriety for his role as a co-founder of the popular home improvement store, The Home Depot. According to Forbes, his staggering net worth amounts to $8.3 billion.
Arthur Morris Blank and Bernie Marcus founded Home Depot in 1978 after they were dismissed from their positions at a local hardware store. Following his retirement as co-chairman of Home Depot in 2001, Arthur purchased the Atlanta Falcons for $545 million in 2002, with his ownership stake now valued at $2.2 billion.
The business tycoon also introduced professional soccer to Atlanta through Atlanta United FC, a Major League Soccer team that began playing in March 2017. In August 2017, both of his teams relocated to the new $1.5 billion Mercedes-Benz Stadium, which served as the venue for the 2019 Super Bowl.
Arthur is the proud owner of a lavish superyacht called 'Dreamboat', which comes with a hefty price tag. This luxurious vessel which he bought in 2019 was recently showcased in the most recent episode of the popular Bravo show 'Below Deck Mediterranean' Season 9.
The Dreamboat Yacht, originally referred to as Project Y716, was expertly crafted by the well-known yacht builder Oceanco. Its stunning exterior was designed by the esteemed yacht designer Espen Oeino, while the opulent interior was created by Terence Disdale.
With a capacity to accommodate up to 23 guests and a dedicated crew of 33, the Dreamboat offers a top-of-the-line yachting experience. The yacht's official name, dreAMBoat, is believed to be a nod to its owner, Arthur Blank, as it likely incorporates his initials. The estimated value of Arthur Blank's yacht, Dreamboat, is an astounding US$ 200,000,000.
What are Arthur Blank's other business endeavors?
Arthur Blank is involved in various business ventures, including his role as chairman of AMB Group, which owns both the Atlanta Falcons and Atlanta United. Additionally, he leads the Arthur Blank Family Foundation and holds a position on the board of trustees at Emory University.
In a generous display of philanthropy, Arthur donated $200 million through his foundation towards the construction of the new Children's Healthcare of Atlanta hospital, which is set to bear his name upon its opening in 2025.
Is Arthur Blank married?
Arthur Blank has been married and divorced multiple times throughout his life. His first marriage was to philanthropist Diana Latow, and together they had three children: Kenny, Dena, and Danielle. Unfortunately, the couple ended their marriage in 1993.
The Home Depot co-founder then found love again with Stephanie Wray, whom he met while she was working as a designer at an Atlanta Home Depot. They had three children together - Joshua, Max, and Kylie - before ultimately divorcing in 2014.
Following his second divorce, Blank married Angela Macuga, a businesswoman much younger than him in 2016. However, their relationship also ended in separation in 2019, leading to a divorce soon after.
'Below Deck Mediterranean' Season 9 airs every Monday at 9 pm ET on Bravo.
