The Home Depot Co-Founder Bernard Marcus – Wikipedia Photo
The co-founder of The Home Depot announced recently that he intends to give most of his remaining fortune to charity, after already having donated nearly two billion dollars to philanthropic organizations across the world.
When the Atlanta billionaire dies, 80 to 90 percent of the remainder of his wealth will be transferred to his foundation.
His current estimated net worth is $4.5 billion, and Bernie and his wife Billi Marcus are signatories of The Giving Pledge, along with 200 others—like Michael Bloomberg, Richard Branson and Elon Musk—a coalition Bill Gates and Warren Buffet designed to recruit wealthy families to pledge at least half their fortunes to charity.
The Marcus Foundation, focuses on veteran care, medical research, hospitals, and Jewish causes. Bernie Marcus has given instructions to the board to invest in “medical discoveries and treatment for kids with autism (and) creating 20 to 25 centers around the nation to help veterans suffering from brain injuries and post-traumatic stress.”
Like it or not, Marcus is also giving hundreds of millions to re-elect Donald Trump. Just because you are a billionaire doesn’t always mean you are wise!
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