N\ATTC111 4,\20
,

V, aV VV :V *,

4SVO VW, a A**V4:,

to

,

1*WtiVW

:

X4OX:

..............

XS')X.*:#

Bernard Marcus has donated

att owoos

millions from his Home Depot

ow" 046144 4/1404Q- *atla *WAWA tiaak,.

okosi

au
*taat **ow* *k4a,

*044: *4104,* . AU:a

*4440* 0004400: *440:

;4Wk,

00k4100, 1016i.

610,4140

*OW 31162*4! *11 06i .

""
1.*

4***

worry more about his business.

igyaw 4444.rikt *AO

ON ON

14Xa‘aaia likau

fortune. Local competitors

*ammo #6,: go

Nalat *044404

sikkgt

4)", to1344.4,i4.1t, NOW*
Sal 111011 tit

-61

itoomgo wow

Ilk INN

NOW

JUNE D. BELL
Special to the Jewish News

B

Depot.
In the past two decades, he's built
the world's largest home improvement
company and, in the process, amassed
tremendous wealth. Locally, Home
Depot operates 22 stores in metro
Detroit.
Now Marcus, 69, is following the
advice of his late mother by giving that
fortune away.
The Atlanta entrepreneur recently
donated $45 million to help children
with developmental disabilities, and
he's contributed $15 million to the
Atlanta Jewish Federation.
Then he topped that with the
largest single gift the Atlanta
Federation has ever received: $52 mil-
lion for a supporting foundation that
will fund Jewish causes in Atlanta.
"It's his obligation to give more
than 99 percent of it away," says his
stepson, Michael A. Morris, an
Atlanta investment banker who sits
on the board of the Marcus
Foundation, which exists to dole out
the family fortune. "One of the
things my father taught me — and
my brother and sister as well — is
most of the money we give away as a

06 ,

4/ 30
1999

72 Detroit Jewish News

ernie Marcus is a billionaire
and then some, thanks to a
little business he founded 20
years ago called the Home