All You Need to Know About Arthur Blank, his Net Worth, his House, Private Jet and his DreAMBoat Yacht
90 m (295 ft)
23 in 11 cabins
33 in 16 cabins
20 knots (est)
US$ 180 million
Owner of the Yacht
US$ 4.7 billion
Home Depot, AMB Group
September 27, 1942
Kylie Blank, Dena Blank, Danielle Blank, Joshua Blank, Max Blank, Kenny Blank
Atlanta, Georgia, USA
Bombardier Global 6000 (N611BF)
We were told that Blank is the owner of the new Oceanco yacht Dreamboat (known as Y716). And we found proof as his private jet was a frequent visitor of Rotterdam Airport the last 2 years.
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Blank is the co-
The Home Depot is an American home improvement supplies retail company. It sells construction products, appliances and tools.
It is the largest home improvement retailer of the USA. With more than 2,000 stores and 400,000 employees. In 2017 the company’s revenue was more than US$ 100 billion and net profit was US$ 8.6 billion.
The company was founded in 1978 by Blank and Bernard Marcus. They were employed at another home improvement company, but were both fired. They started their own company with help from investment banker Ken Langone. All 3 became billionaires.
Home Depot was the first in the home improvement business with a warehouse concept. Their stores where much bigger than any of their competitors. The stores were focusing on great customer services and respect for people.
Just within a few years after the opening of the first stores, the company went public on the NASDAQ. The IPO raised US$ 4 billion, used for further expansion.
In 2001 Blank retired as Chairman to focus on his sports investments and philanthropy.
Blank bought the Atlanta Falcons in 2002 for US$ 545 million. The current value of the team is more than US$ 2 billion.
The Falcons are a professional American football team, which competes in the National Football League.
The Atlanta Falcons' colors are red, black, silver and white. President and CEO is Rick McKay. Dan Quinn is head coach. The Falcons have appeared in two Super Bowls.
Their home field is the Mercedes-
Atlanta United FC is an American professional soccer club. It competes in the Major League Soccer. The team was founded in 2014.
It now has a value of more than US$ 300 million. Head coach since December 2018 is Frank de Boer.
Frank de Boer is a former defender, who spent most of his professional playing career with Ajax, based in Amsterdam.
Other companies part of the Blank Family of Businesses are the PGA Tour Superstore and the Mountain Sky Guest Ranch.
PGA Tour Superstore is the US leading golf retailer. It has more than 30 locations . The company sells shoes, golf clubs and other golf gear.
Each store has simulators that can be used for practice, lessons, club fittings or leagues.
The Mountain Sky Guest Ranch is a resort situated on 17,000 operational acres of unspoiled wilderness. Based in the heart of Yellowstone Country. It offers upscale lodging and dining. Guests can ride horses, hike, fly-
His net worth is estimated at US$ 4.7 billion. He is said to own 1.5% of the shares in Home Depot. Which represent a value of more than US$ 3 billion. The company’s market capitalization is more than US$ 200 billion.
With his 17 million shares he receives an annual dividend of US$ 70 million.
He is an active philanthropist through his Arthur M Blank Family Foundation.
The foundation promotes positive change in peoples’ lives and builds and enhances the communities in which they live.
He has given more than US$ 360 million to education, art, childhood development and nature.
In 2012 he signed the Giving Pledge, committing to give half of his wealth away to good causes.
In 2015 he founded the Molly Blank Fund, named after his mother who died at the age of 99. The foundation focuses at youth, art and culture.
The Arthur M. Blank Center for Entrepreneurship at Babson College supports emerging entrepreneurs. By giving access to events, workshops, mentoring and competitions. That enable them to test and refine their founder skills.
He lives in a very large house in Atlanta. According to online sources Blank purchased the house in 2006 for US$ 6.5 million. The current value is close to US$ 10 million.
Blank was married three times. His current wife is Angela Macuga. But a divorce was announced early 2019. He has 6 children. Daughters Kylie Blank, Dena Blank, Danielle Blank and sons Joshua Blank, Max Blank and Kenny Blank. Dena Blank is director at the family’s foundation.
Blank is the owner of a Bombardier Global 6000 private jet. The jet has registration N611BF (which refers to Blank Family). The aircraft was delivered in 2016. A Bombardier Global 6000 has a list price of US$ 60 million.
The N611BF was a frequent visitor of Rotterdam Airport, during the construction of the superyacht. Rotterdam Airport is close to the Oceanco shipyard.
He also owns an older Gulfstream G-
The yacht is currently under construction at Oceanco as Project Y716. The 90 meter (295 ft) yacht can accommodate 23 guests and a crew of 33.
According to industry sources the Oceanco Dreamboat is designed by Espen Oeino. While Terence Disdale is responsible for the interior. There is a large swimming pool on the main deck. The owner has a private deck with Jacuzzi.
She is powered by 2 MTU engines. Her top speed will probably be around 16 knots.
It seems like the official spelling of the name is dreAMBoat, with AMB referring to the owners initials.
The luxury yacht will be delivered before the summer season of 2019.
The boat is not available for yacht charter. The yacht is not listed for sale.
Our yacht owners database has more info about yachts, the value of yachts, yacht owners, their source of wealth and net worth.
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